How to act during the week

Use these ideas to boost your strategy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [FBS]( [[fbsanalytics] FBS Analytics]( [Personal Area]( [How to act during the week] [fbs] Top Gainers Last Week • AUDUSD +2.02% USD lost ground after Jerome Powell’s dovish speech. The head of the FOMC stated that the Federal Reserve had finished with rate hikes and would start decreasing rates in 2024. • Macy’s, Inc. +13.34% Macy’s shares surged after announcing a $5.8 billion takeover bid. This suggests Macy’s might become a private company, with its shares being acquired at a 32% premium to the $16 price. [Trade AUDUSD]( [fbs] Top Losers Last Week • USDJPY -1.90% The yen is strengthening ahead of the BOJ meeting. Traders bet on a hawkish statement as BoJ Governor Ueda hinted at a possible policy shift away from negative rates. • BTCUSD -5.51% Bitcoin posted its steepest drop in almost four months. Traders moved to lock in profits following a more than 150% rally this year, triggering large liquidations of bullish bets. [Trade BTCUSD]( [fbs] XAUUSD [fbs]( [fbs]( The XAUUSD retested the trendline near the 2050.00 resistance level and formed an engulfing bearish daily candle. Potential sell entry points may emerge around 2030.00. The primary target for the upcoming week stands at 1975.00. Entry: Inside the 2030-2050 range. Target: 1975.00. [fbs] XBRUSD [fbs]( [fbs]( XBRUSD broke the neckline of the bullish double-bottom pattern. The closest target is 78.70. Moreover, a breakout above this resistance will send XBRUSD to the upper channel’s border at 83.10 Entry: By market. Targets: 78.70, 81.30. [fbs] USDJPY [fbs]( [fbs]( USDJPY has bounced off the global trendline. The price is moving within a descending channel. A potential breakout beyond the 143.35 mark and the local resistance trendline could pave the way towards 145.20. Entry: On the breakout above 143.35 and the local resistance trendline. Target: 145.20. 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 Signals in Our Telegram In our Telegram channel (which is in English), you will find the most up-to-date trading signals and live streams. More importantly, you will connect with a community of like-minded traders. Last week, 11 out of 15 signals from FBS analysts were profitable! [GBPUSD signal]( could’ve brought 600 points. [USDJPY signal]( could’ve brought 2000 points. [Join trading community]( [fbs]( Get the Basics of Gold Trading in 3 Min Interested in trading gold, one of the safest and most popular assets? This video is definitely for you. Within a short span, you’ll grasp the essence and historical significance of gold, its interaction within the domain of Forex brokers, and the ins and outs of trading this precious metal. [Watch video]( Do you like our Weekly Digest? [YES]( [NO]( [Help Center](  |  [Personal Area]( 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