Weekly FBS experts' insights

And learn how to use bullish and bearish flags                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [FBS]( [[fbsanalytics] FBS Analytics]( [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] EURCAD with the spread lowered by 20%! [Take action]( Seize the moment and make the best of the enhanced conditions. [fbs] Top gainers last week • #HP HP Inc. 17.49% HP Inc.'s stock rose driven by an optimistic fiscal 2024 forecast that promises higher earnings per share, increased dividends, and substantial shareholder returns through dividends and stock repurchases. • CHFJPY +1.16% The currency pair grew by 1.16%, supported by Switzerland’s higher-than-expected GDP growth of 0.5%, a trade surplus of 4.32 billion CHF, and Japan’s consistent BOJ Core CPI. [Trade CHFJPY]( [fbs] Top losers last week • #CRM Salesforce, Inc. -21.74% Salesforce Inc. dropped after the company forecasted a modest 9% revenue growth for FY2025 with revenues between $37.7 billion and $38.0 billion. This highlighted a negative impact of $100 million from foreign exchange rates. • GBPCHF -1.11% The GBPCHF dropped, driven by Switzerland's robust GDP growth and a substantial trade surplus, alongside a moderate improvement in the UK's housing market indicators. [Trade GBPCHF]( [FBS] Two awards at FXDailyInfo Forex Brokers Award FBS has received the Most Trusted Forex Broker 2024 and the Best Forex Trading Support 2024 awards at the FXDailyInfo Forex Brokers Award ceremony. These awards confirm our commitment to delivering exceptional service and the trust we have earned with our clients. Thank you! [Learn more](  ➔ [FBS]( [android] XAUUSD On the H4, in a long-term bullish trend, XAUUSD hit a new record and promptly fell to 61.8 Fibonacci support. Two scenarios are possible in this case: [FBS]( • If the price falls below the 2343 support, the downside target will be 2305; • However, in case of a bounce from support and a rise above MA200, we can expect an increase to 2384. [android] GBPUSD In the daily timeframe, GBPUSD is in a short-term bullish trend, holding near the support area and testing the trend line. Though the moving averages indicate possible further growth, we should consider two options: [FBS]( • If the price falls below the support at 1.2720 and breaks the trend line, it will fall to 1.2600; • If GBPUSD bounces off the trend line, the growth will continue to 1.2870. [android] USDCAD USDCAD, in a long-term bullish trend, started to decline and reached the trend line. What can we expect now? [FBS]( • If the price breaks the trend line and falls below 1.3630, it will decline to 1.3530; • However, if USDCAD bounces off the trend line, the upside target will be 1.3730. *FBS tips and analytics do not constitute a call to trade, trading advice or recommendation and are for information only. [Add to your portfolio]( [fbs]( More insights in our Telegram channel You will find the most up-to-date trading ideas in our English-language Telegram channel. Moreover, you can connect with a community of like-minded traders here. Last week, 12 of 16 ideas shared by FBS analysts were accurate. [US500 idea]( could’ve brought 4500 points. [XAUUSD idea]( could’ve brought 1700 points. [Join the community]( [FBS]( Bullish and bearish flag patterns These patterns are essential indicators of potential market movements. They help traders tap into short-term price trends and make more informed decisions. This article explains how bullish and bearish flag patterns work, how to identify them, and how to use them to optimize your trading results. [Read the 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