EURCHF spreads lowered by 30%

+ expert insights for the week                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [FBS]( [Update & Win]( [Log in]( [FBS]( Instrument of the Week Each week, we’re featuring a trading instrument with a reduced spread. This week’s star is... [FBS] EURCHF with the spread lowered by 30%! [Take action]( Seize the moment and make the best of the enhanced conditions. [fbs] Top Gainers Last Week • TAL Education Group (#TAL) +14.59% The company reported net revenues of $429.6 million, compared to $269.0 million in the same period of the previous year. Loss from operations totaled $11.1 million, an improvement from the $44.4 million loss in the same period of the previous year. • AUDJPY +3.47% In March, the core inflation (excluding fresh food) stood at 2.6%, surpassing the BOJ’s forecast of 2.4%. Additionally, the ‘core of core inflation’ (excluding fresh food and energy) reached 2.9%, significantly exceeding the forecasted 1.9%. [Trade AUDJPY]( [fbs] Top Losers Last Week • Harley-Davidson, Inc. (#HOG) -15.75% Harley-Davidson beat revenue and profit expectations. However, its share price fell on Thursday as global retail sales remained flat despite launching new touring motorbikes. • EURAUD -1.35% The Australian dollar strengthened on the back of rising Australian government bond yields, with the 10-year bond yield hitting a 21-week high of 4.59%. The rise was attributed to the recent release of Australia’s consumer price index (CPI) data on Wednesday, which beat expectations and sparked hawkish sentiment. [Trade EURAUD]( [FBS]( [android] EURUSD In the daily timeframe, EURUSD navigates a bullish wedge, facing a 1.0730 resistance level. [FBS]( • If the price breaks above the resistance at 1.0730, it is likely to reach 1.0850. • However, if there is a bounce from the resistance, EURUSD may fall to 1.0640. [android] XAUUSD  XAUUSD is currently testing the 2330 resistance level, rebounding from the trendline. RSI oscillator indicates a hidden bullish divergence that can potentially signal a bullish momentum. [FBS]( • If the price breaks the upper trend line and resistance 2330, it may open the way to 2400. • Otherwise, a decline below the trend line is likely to drop the price to the 2260 support. [android] GBPUSD On the H4, GBPUSD is in a short-term bullish trend after a substantial fall. The price has reached 38.2 Fibonacci resistance, creating two possible options. [FBS]( • A break above the 1.2530 resistance may open the way for a rise to the 1.2590 trendline. • A rebound from the resistance could lead to a further decline, with the next support level at 1.2420. FBS tips and analytics do not constitute a call to trade, trading advice or recommendation and are for information only. [Enhance your strategy]( [fbs]( Look For More Insights in Our Telegram In our Telegram channel (which is in English), you will find the most up-to-date trading ideas. More importantly, you will connect with a community of like-minded traders. Last week, 15 out of 20 ideas from FBS analysts were accurate! [XAUUSD idea]( could’ve brought 3200 points. [XAUUSD idea]( could’ve brought 3000 points. [Join trading community]( [FBS]( How Trading Conditions Can Affect Your Performance Every trader encounters a dynamic landscape of shifting market conditions. From volatility to stability, each presents unique challenges and opportunities. Dive into the full article for concise strategies and expert insights on navigating Forex markets effectively. [Read full article]( Do you like our Weekly Digest? [YES]( [NO]( [Help Center](  |  [Log in]( You received this email because you registered at [fbs.com](. If you have any questions, please contact us via email at support@fbs.com [google_play]( [apple_stor]( Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience. [instagram]( [facebook]( [twitter]( [telegram]( [youtube]( [Web Version](  |  [About FBS](  |  [Unsubscribe]( Trusted by traders