Orbex - Forex Trading Library

The recent GDP numbers from Canada showed that the nation’s gross domestic product expanded for a seventh consecutive month in August. This marked the longest stretch of economic expansion in more than a year. Despite the increase in the…
Read More

USDCHF or USD/CHF is shorthand for the pair of currencies comprised of the United States Dollar and the Swiss Franc (the symbol comes from the official name of the country: Confoederatio Helvetica, plus Franc). Traders often call this pair…
Read More

The markets were seen trading a bit subdued on Monday as investors brace for the U.S. mid-term elections due today. On the economic front, China's Caixin services PMI was seen easing to 50.1 which missed estimates and was slower than 53.1…
Read More

Although we have reacted higher from the 61.8% pullback level of 1.1361 (from 1.1302-1.1456), with Demark posting an exhaustion 13 count on the intraday chart, there is scope for a larger corrective move to the downside
Read More

The latest monthly payrolls report showed that jobs increased the most in eight months for October. The data underlined the overall acceleration in job growth following the temporary setback in September due to Hurricane Florence. Wage…
Read More

The U.S. labor market data released last week on Friday showed that the U.S. unemployment rate held firm at 3.7%, marking a 49-year low. The U.S. economy added 250k jobs during October beating estimates of 194k jobs. However, the jobs…
Read More

The week ahead will kick off with some big events lined up primarily in the United States. Heading into this week, the U.S. mid-term elections are due and could bring a significant bout of market volatility. This is later followed up by the…
Read More

Everyone who has a license knows how to drive a car without needing to know how the engine works. But, those who are really good drivers - more importantly, those who make the most out of their vehicle - typically have a working knowledge…
Read More

Technical Copper – Bullish reverse head & shoulders forming. Weekly: The selloff from the double top formation has been completed achieving a measured move target of 2.5580. Buyers re-surfaced close to the 50% Fibonacci…
Read More