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Market Analytics:FBS Markets Inc. Jan. 28: European session EUR/USD is trading below the Friday’s $1.3480 high. Today the pair slipped to $1.3420, but returned back above $1.3450. The EURO STOXX 50 index is up by 0.06%. Euro zone’s money supply eased to 3.3% y/y in December (forecast: 3.9%; previous: 3.8%), while private loans contracted last month by 0.7% y/y. Italian consumer confidence dropped to 84.6 in January (forecast: 86.0; previous: 85.7). There was some talk about potential risks to euro stability from Cyprus. GBP/USD bounced from $1.5715 (lowest level since August 2012), but returned above $1.5740. The morning 50-pips bearish gap remains open. USD/CAD is trading at session highs slightly below 1.0100. The pair extends the upside after a short-term downward correction from Friday’s 6-month high. Watch the BoC Governor Carney speech at 16:00 GMT. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-28/21198-jan-28-european-session

Market Analytics:FBS Markets Inc. Davos: sentiment brightened, but is still fragile The Financial Times summarized this year’s World Economic Forum in Davos as “a disconcerting amount of optimism.” In 2012 many expected the euro area to fall apart, but the worse didn’t come true. Still, though the sentiment has improved, it remains fragile. Trade tensions, currency wars, uncoordinated regulation, or a rise in bond yields could all disturb it, warns the FT. The encouragement of investment and job creation is the priority of advanced economies these days. Photo: AFP Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-28/21197-davos-sentiment-brightened-still-fragile

Market Analytics:FBS Markets Inc. CFTC: Euro longs at highest since July 2011 Here are the essentials of the latest Commitments of Traders (COT) report, released on Friday, January 25, by the Commodity Futures Trading Commission (CFTC) for a week ended January 22. Large speculators increased their long EUR, AUD and NZD positions, while GBP, CAD and CHF longs and JPY shorts declined. Euro longs are at a highest level since July 2011. It’s necessary to note that the figures cited above are always a week old at the time of their release. Never the less, CFTC data gives a good oversight into how the market is positioned and if/how these positions are being unwound. Although the CME speculators represent a small fraction of trading in the currency markets, their trades are widely seen as typical of hedge fund investors' currency movements. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-10-08/19460-cftc-trader-positioning-data

Market Analytics:FBS Markets Inc. USD/CAD trades at a 6-month high Canadian dollar extends the downside after a short-term upward correction from Friday’s 6-month low. USD/CAD is trading at session highs slightly below 1.0100. Loonie came under pressure after the BoC dovish comments on a Wednesday meeting. A fix above 1.0100 will be a strong buying signal. On Friday USD/CAD closed above the strong 1.0050 resistance (Nov. highs, 50% Fibonacci). The next resistance is seen at 1.0130 (61.8% Fibo), 1.0200 and 1.0280 (200-week MA). However, note that the greenback rose above the daily upper Bollinger band. The pair is overbought: daily RSI at 75. TD Securities: There are no signs from the short-term price action of a top being close. We expect counter trend corrections to remain limited for the moment. Watch the BoC Governor Carney speech at 16:00 GMT. Chart. Daily USD/CAD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-28/21194-usdcad-trades-6-month-high

Market Analytics:FBS Markets Inc. RBS, Citi: bullish on USD/JPY RBS: “It is likely that we are now moving into a phase in this move where more of the longer term players, Japanese investors and corporations start to step up their interest to sell JPY. Our bias remains to sell JPY, though the market will be reluctant to chase it, having moved so far so quickly. A period of stability seems likely; base-building in the 88/90 region. Over the next month a move towards 95 seems more likely than a move below 88. We would favor buying near 90.” Citibank: “USD/JPY’s next target could be around 93.00. Yen’s weakening could continue until mid-February when exporters decide on their assumed corporate exchange rate for the fiscal year 2014 and begin hedging in the futures market.” Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-28/21191-rbs-citi-bullish-usdjpy

Market Analytics:FBS Markets Inc. Swiss ministers: CHF remains overvalued Swiss ministers are concerned about CHF strength even after its recent slide to 20-month low against euro. EUR/CHF is still 9.1% below its 5-year average and 35% below October 2007 low of 1.6828. According to Finance Minister Eveline Widmer-Schlumpf, “franc is still very strong” and more depreciation is needed – any measures on weakening the franc were up to the central bank. Thomas Jordan, the President of the Swiss National Bank, said on Jan. 25 that he expects the franc “to weaken further” as the fears about the euro zone’s debt crisis subsided. Both USD/CHF and EUR/CHF continue the rebound after recent downward correction. Image: Bloomberg Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-28/21187-swiss-ministers-chf-remains-overvalued

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FBS 999 Demo Contest!!! By resent update of Demo 999 contest. The trader from India(Account# 351689) on first place with capital 319985.66 USD on other hand second and third places keep maintained by Ukraine(Account#355137) and Ukraine(Account#356179) traders with "106856.08" and "104874.14 USD" Equity/Balance respectively. We are hoping for a close healthy competition in this round of the contest. We wish best of luck all the 999 FBS demo contest participants. Account# 351689 Position: 1st Country: India Equity/Balance: 319985.66 USD Account# 355137 Position: 2nd Country: Ukraine Equity/Balance: 106856.08 USD Account#356179 Position: 3rd Country: Ukraine Equity/Balance: 104874.14 USD Contest period: 08.01.13 - 08.02.13 Contest details Contestants’ ranking Discuss on Forum We wish all the traders good luck and will carefully follow the contest process. FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!

Market Analytics:FBS Markets Inc. Jan. 24: European session EUR/USD has been swinging back and forth during the last several trading hours. For now today’s peak is at $1.3347 and low – at $1.3285. European data came mixed. French PMIs disappointed, German PMIs came better than expected, the figures for the whole euro area came mildly to the upside. The region’s current account data was also good (14.8B euro surplus vs. 6.5B expected) – it seems that euro area is enjoying monetary inflow. Spanish unemployment rate rose from 25% to 26% in Q3. GBP/USD has slid to $1.5830. Cable is trading near the strong support (November 2012 low). UK December mortgage approvals remained unchanged. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-24/21157-jan-24-european-session

Market Analytics:FBS Markets Inc. Jan. 24: Asian session Asian session was quite volatile and that’s only the start of the day. Demand for safer assets diminished on good data from China (HSBC manufacturing PMI rose from 51.5 to 51.9 in Jan. – manufacturing in China is expanding at the fastest pace in 2 years). AUD/USD is down by about 30 pips to levels just above $1.0500 after a brief bounce to $1.0547. NZD/USD jumped to the uptrend resistance on H1 at $0.8446, but then slid lower to $0.8430. USD/JPY rose from levels in the 88.40 area and got above 89.00. Japan posted a bigger-than-estimated trade deficit in Dec. (-0.80T vs. -0.71T expected). Tomorrow data may show that Japanese consumer prices fell the most since August. EUR/USD is consolidating around $1.3310. The trade is volatile, but euro is locked in the $1.3260/$1.3370 range. However, the pair has closed in the $1.3310/20 area for three days in a row. Euro zone will release a bunch of PMI data and current account at 8:00-9:00 GMT. Most PMI’s are expected to improve a bit, but still remain below 50. GBP/USD remains in the $1.5800/90 sideways range. Today the cable is trading at $1.5830. USD/CAD is sitting at parity after yesterday’s post-BoC meeting jump from 0.9920. The BoC Governor Marc Carney trimmed the future monetary tightening expectations by saying that higher rates have become ‘less imminent than previously anticipated’. The regulator also trimmed the 2012 growth forecasts. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-24/21145-jan-24-asian-session

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Market Analytics:FBS Markets Inc. GBP/USD: technical picture British employment data released today was a positive surprise. The number of people claiming unemployment-related benefits declined in December by 12.1K, while analysts were expecting growth by 0.4K. Moreover, the unemployment rate declined from 7.8% to 7.7%. However, GBP/USD didn’t even test $1.5900 on the news. Commerzbank says that GBP/USD is expected to find resistance at $1.5940 (23.6% retracement of recent leg lower) and $1.5966 (accelerated downtrend) and remain capped by $1.6170/85. As long as the pair’s trading below the latter, the risk will remain on the downside. Chart. H4 GBP/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-23/21140-gbpusd-technical-picture

Market Analytics:FBS Markets Inc. USD/CAD sits at 0.9915 ahead of the BoC USD/CAD is consolidating at 0.9915 (100-day EMA) ahead of today’s BoC meeting and press-conference (15:00 and 16:15 GMT respectively). The monetary policy is expected to remain unchanged. From a technical view, there is a strong temptation to sell USD/CAD. Watch the 0.9900 and 0.9880 support. The pair has been forming a kind of a descending triangle since November 2012. Recent growth attempts were contained by the 0.9940 resistance (38.2% Fibo). Daily and weekly Ichimoku Clouds are negative. Note that the Bank of Canada is the only regulator speaking about potential rate hikes – in a long term these expectations are supporting the loonie. However, it's not all that simple: watch the BoC economic forecasts. Yesterday Canada published a mixed November retail sales report: core retail sales came below the forecast and declined by 0.3%, while retail sales grew by 0.2% vs. the zero growth expected. In January the BoC Deputy Governor Tiff Macklem said “near-term momentum now appears to be slightly softer than previously anticipated”. The current forecast is for 2.3% growth in 2012 and 2.4% in 2014. The consensus estimates are 1.8% and 2.4% respectively. Downward forecast revision would immediately push USD/CAD up above the 0.9940 resistance. Chart. Daily USD/CAD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-23/21135-usdcad-sits-09915-ahead-boc

Market Analytics:FBS Markets Inc. EUR/USD stuck below $1.3400 EUR/USD has been quite volatile yesterday: the pair was trading in the $1.3265/3370 range. Euro has twice tested the levels below $1.3300, but returned back. Today the pair is trading on a downside and once again testing $1.3300. In a long-term we still stay bullish, but for now the technical picture shows there is some room for downward correction. Euro is now trading very close to an 11-month high of $1.3405. Let’s have a look on a weekly chart: the pair is struggling to overcome the 200-week EMA ($1.3345) and fix above the weekly Ichimoku Cloud ($1.3300). On a monthly chart growth is contained by the 50-month EMA ($1.3370). The pair is trading at the lower boundary of the strongly negative monthly Ichimoku. Investors remain indecisive ahead of these resistance levels even despite the improving risk sentiment and evident progress in euro zone. It seems that they need some time to prepare psychologically for a break of $1.3400. EUR/USD could extend the downside to the $1.3200 support or even to $1.3150. We would expect euro to bounce from there and to resume growth. We have already seen a similar scenario in late December 2012. The next upside targets are seen at $1.3400, $1.3480 and $1.3500. Chart. Weekly EUR/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-23/21125-eurusd-stuck-below-13400

Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (3 p.m. GMT). Here are the key options expiring today: EUR/USD: $1. 3165, $1.3200, $1.3295, $1.3300 (large), $1.3350, $1.3365, $1.3400; GBP/USD: $.5859, $1.6000; USD/JPY: 86.50, 87.15, 87.75, 88.50, 89.00, 89.50; AUD/USD: $1.0400, $1.0500, $1.0550; EUR/CHF: 1.2335. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-23/21119-key-options-expiring-today

Market Analytics:FBS Markets Inc. UBS: bullish on USD/JPY (medium term) Technical analysts at UBS expect USD/JPY to rise to 94.13 (38.2% Fibo of the decline from June 2007 maximum of 124.14 to the postwar low of 75.35 reached in October 2011). The bank underlines that the greenback is supported above 87.79 yen (Jan. 16 low) and bullish trend indicators are well in place. “Any setback appears to be limited in time and extent,” say the specialists. Illustration by Kiji McCafferty Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-23/21118-ubs-bullish-usdjpy-medium-term

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Market Analytics:FBS Markets Inc. NZD/USD: bullish long-term prospects There is finally a positive day for NZD/USD: the pair opened at 0.8360 and rose to 0.8430. Kiwi had been in a short downward channel since January 11. We maintain our bullish view on NZD/USD. In December the pair broke above the long-term triangle and remains in an upward trend. As can be seen from the daily chart, the pair is supported by the 200-, 100- and 50-day EMAs and is trading above the ascending Ichimoku Cloud. The pair is moving towards the $0.8450/75 resistance (2011-2012 resistance line, 2012 highs). Danske Bank: Buy NZD/USD with a target of $0.8840 (August 2011 top). Chart. Weekly NZD/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-22/21111-nzdusd-bullish-long-term-prospects

Market Analytics:FBS Markets Inc. Jan. 22: European session EUR/USD rebounded to $1.3350 after having pierced the $1.3300 handle on a downside. Euro was pushed up by several positive events. ZEW German economic sentiment index rose to 31.5 in January (forecast: 12.2; previous: 6.9). Euro zone’s ZEW economic sentiment index went up to 31.2 (forecast: 14.1; previous: 7.6). In addition, Spain sold 2.8 bln euro of 3- and 6-month bills, overshooting the maximum target and with significantly lower yields. The Treasury tests demand before the possible sale of a new 10-year bond. The overall market sentiment remains positive after yesterday’s Eurogroup meeting. Watch for the headlines from today’s ECOFIN. GBP/USD tested levels below a very important support at $1.5830, but then returned to levels around $1.5845. UK public sector net borrowing slightly declined in December. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-22/21107-jan-22-european-session

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Market Analytics:FBS Markets Inc. UBS: EUR/CHF is seen more volatile in 2013 EUR/CHF slid from the recent highs of 1.2570 to the 1.2400 support. Euro soared by 400 pips over the last two weeks. According to UBS analysts, EUR/CHF rally will reverse in the next weeks ahead of America's next fiscal cliff on March 1. In their view, the Swiss franc (in contrast to sterling or the Australian dollar) remains a true safe-haven. Specialists highlight that in 2013 franc will become much more volatile compared to 2012. Chart. Daily EUR/CHF Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-21/21082-ubs-eurchf-seen-more-volatile-2013

Market Analytics:FBS Markets Inc. Clouds over Britain and GBP NAB expects British GDP to have contracted by 0.4% in Q4 (forecast: -0.1%; previous: 0.9%) – the data are released on Friday. In their view, in Q1 2013 contraction is also possible. It means &UK may slide into its third recession since the beginning of the financial crisis. Weak GDP print will be a catalyst for rating agencies, and UK will lose its top credit rating. Perhaps, the downgrade will be after the nation’s government releases budget in March, but it’s ultimately coming. Rabobank: Even though open ended QE for the Federal Reserve is likely to keep the USD on the back foot, in view of the UK’s worsened fundamental backdrop we now expect cable to trade down towards the GBP/USD $1.5600 area on a 3-month view. Commerzbank: Below $1.5830 targets the 2009-2013 support line at $1.5602. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-21/21077-clouds-over-britain-and-gbp

Market Analytics:FBS Markets Inc. Jan. 21: European session EUR/USD extends losses and is now testing $1.3300. The EURO STOXX 50 шndex is up by 0.37% today. Later in the day watch the headlines from the European ministers meeting in Brussels. German Bundesbank President Weidmann will hold a speech at 18:00 GMT. There are no other important releases on today’s euro zone’s agenda. GBP/USD rebounded from the daily lows of $1.5840, but remains below $1.5900. USD/CAD extended the upside to 0.9930. Canada will release wholesale sales figures at 13:30 GMT. Yen keeps being stronger today, though USD/JPY is supported by 100-hour MA (89.30). AUD/USD approached resistance at $1.0525. USD/CHF is struggling with the resistance of 0.9340 (200-day MA). Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-21/21073-jan-21-european-session

Market Analytics:FBS Markets Inc. GBP/USD: prospects are not bright GBP/USD tested $1.5842 today and then returned to $1.5890 recoiling up from strong support. Yet, experts say it may be just a ‘dead cat’s bounce’ – a short jump ahead of further decline. The most sensible strategy seems to be selling on sterling’s attempts to recover and it may be kept in place as long as pound’s trading below $1.6000. Resistance: $1.5900, $1.5930 (55-, 100-week EMA), $1.5950 (200-day EMA), $1.6000. Support: $1.5830, $1.5800, $1.5750. Chart. Daily GBP/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-01-21/21065-gbpusd-prospects-are-not-bright