New week, fresh insights from our experts!

Plus, an MT4 vs MT5 comparison                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [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] GBPJPY with the spread lowered by 20%! [Take action]( Seize the moment and make the best of the enhanced conditions. [fbs] Top Gainers Last Week • NVAX Novavax, Inc. 28.23% Novavax’s vaccine could be approved by the FDA for commercial use by April 2025. This news drove Novavax’s stock to over $23 per share on Thursday, although it remains significantly below its pandemic peak of nearly $300 per share in 2021. • CHFJPY +1.59% The Japanese yen consolidated as Japan’s foreign exchange reserves fell to $1.231 billion in May, the lowest since February 2023. Finance Minister Shunichi Suzuki is considering measures against excessive currency volatility in response. [Trade CHFJPY]( [fbs] Top Losers Last Week • BLDP Ballard Power Systems Inc. -11.43% The company has revealed the results of the Annual General Meeting of Shareholders, including the board reshuffling. These changes are influenced by various risks and uncertainties, such as general economic conditions, regulatory developments, and the company's profitability goals. • EURCHF -1.32% The Swiss franc is strengthening amidst speculation of potential intervention by the Swiss National Bank to boost demand. Policymakers are concerned about the currency’s weakness, fearing it could make Swiss exports overly competitive and spur inflation. [Trade EURCHF]( [FBS]( [android] USDJPY In the daily timeframe, USDJPY is in a long uptrend and faces a crucial 155.00 support level and a trendline, creating two scenarios. [FBS]( • If the price falls below the 155.00 support, the downside target could be 152.90. • However, in case of a bounce from support, we can expect an increase to 157.70. [android] XNGUSD In the daily timeframe, XNGUSD is approaching the critical resistance level at 2.90, which aligns with the golden Fibonacci ratio. [FBS]( • If the price successfully breaks above the 2.90 resistance, it could rally towards the 3.40 level. • However, if XNGUSD retreats from the Fibonacci ratio, it might trigger a decline towards 2.40. [android] USDCHF USDCAD falls to the 0.8900 support and the golden Fibonacci ratio after an extended uptrend. 200-MA gives an extra layer of support for the asset. [FBS]( • If the price breaks the golden Fibonacci ratio, it could decline to 0.8780. • However, if USDCAD bounces off the 0.8900, the upside target could be 0.9010. 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, 11 out of 15 ideas from FBS analysts were accurate! [XAUUSD idea]( could’ve brought 2500 points. [BTCUSD idea]( could’ve brought 2100 points. [Join trading community]( [FBS]( MetaTrader 5 vs MetaTrader 4: Which One is Better in 2024? Discover the distinctions between MetaTrader 5 (MT5) and MetaTrader 4 (MT4), the world’s leading trading platforms developed by MetaQuotes Software Corp. Which platform suits your trading style better? Find out in our guide. [Open 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