Orbex - Forex Trading Library

Unless we see a very strong recovery rally today, we are likely to form a bearish Outside Week. Often an indication that a top is in place.
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Despite the US government shutdown, we are still expecting the release of the US Non-Farm Payroll data at 8:30 EST (14:30 CET), along with its accompanying myriad of important employment data. Is the downturn in the stock market just an…
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The continued lack of clear direction looks to be forming a bullish ascending triangle pattern on the daily chart. A break of 1.1500 and the measured move target is 1.1775
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The U.S. Dollar posted strong gains on Wednesday as price action in the greenback sent most of its peers to close lower on the day. Gold prices tried to inch higher but failed to keep the intraday gains. WTI crude oil prices, on the other…
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The markets saw a lot of developments from the UK as Brexit dominated the headlines. While there was some optimism about the UK and the EU agreeing to a draft deal, things broke down subsequently. With the UK parliament already willing to…
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The markets wake up to a new trading day of the year with the holiday season behind. Economic data picks up pace covering the latest for the month of December. In the early Asian session today, China's Caixin manufacturing PMI showed…
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As the new year dawns upon us, most of you might be busy with new year resolutions and what not. As a trader, a lingering question might be about what's in store in the currency markets this year. With the world ringing in 2019, 2018 was…
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The year 2018 started with a lot of optimism. Investors looked to 2018 with enthusiasm as some of the major economies closed 2017 on a strong note. This came as central bank leaders across the developed economies beat the drum and sang to…
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