Orbex - Forex Trading Library

The previous swing high is located at 1.0094. Bespoke resistance is located at 1.0060. This is our prime area to get short on a correct ‘bounce’
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The U.S. Dollar extended declines on Monday. Economic data on the day was sparse. The Eurogroup meetings kicked off with focus turning to the Brexit deal. The EU's negotiator for Brexit, Michel Barnier said that the EU ministers were in…
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The German economy posted a contraction for the first time since 2015 in the third quarter of 2018. The decline in the economy is attributed to the trade disputes and problems in the auto industry. The data raised concerns that long-term…
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Economic data for the week ahead is expected to remain quiet for the most part. The ECB's meeting minutes will stand out amid the Central Bank heading into the final leg of its QE purchases. Economic data from the Eurozone will cover the…
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The sure-fire way to know a trading strategy works, is to start using it and watch your account steadily grow. But how do we know if a strategy is going to work before we put money into it? Well, we can't know for sure what will happen;…
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The Reserve Bank of New Zealand met for its monetary policy meeting on late Wednesday. As widely expected, the Central Bank held interest rates unchanged at 1.75%. The decision to leave interest rates steady came amid what is seen as a…
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Gold – Morning doji star formation pattern to complete a short-term bottom. Weekly:  The sideways consolidation continued although the market managed to post a significant low at 1160 in mid-August. Levels close to the 78.6% pullback…
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