Orbex - Forex Trading Library

Understanding the importance of stop losses, whether you are using them just for security or as an integral part of your strategy, there is still a debate among traders about whether fixed or moving stop losses are better - or, a…
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Daily Forex Market Preview, 21/09/2018 The European trading session saw the Swiss National Bank leaving its monetary policy unchanged. The SNB's decision to leave interest rates unchanged was widely expected. The Norges bank monetary…
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Looks to have broken a reverse Head and Shoulders patter to the upside. The measured move target is 1.2140 (just above the 61.8% pullback level of 1.2076). We look to buy dips
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The latest consumer prices data from China covering consumer and producer prices showed an overall increase in inflation. Consumer inflation in China accelerated to a six month high in August. The gains came with an increase in vegetable…
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Central banks have become an essential element to the currency markets. From setting interest rates to intervening in the markets, to printing money, central banks have remained the core and one of the primary reasons for driving prices in…
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Technical Copper – Broken out of a wedge pattern. Weekly: The selloff has posted a correction count on the weekly chart. The 50% Fibonacci retracement is located at 2.628 from 1.936 to 3.320. The bullish engulfing candle on the weekly…
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Daily Forex Market Preview, 20/09/2018 The U.S. dollar pulled back on Wednesday amid a slight improvement in the emerging markets. Economic data was mostly quiet from the U.S. Consumer prices in the UK advanced 2.7% on the year ending…
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Summary Australia unemployment rate in August was steady at 5.3% Australia adds 44,000 net jobs during the month Most of the gains came from full-time positions which increased 33,700 Jobs data for July was revised lower…
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The next major economic event on the schedule that could have a significant impact on the Swiss Franc is the expected monetary policy decision by the Swiss National Bank (SNB), scheduled for 9:30 CET (3:30 EST). If you are trading the franc…
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“Financial Markets.” What comes first to your mind when you hear this word? Something like ‘Gambling,’ ‘Speculation,’ ‘Everybody loses money,’ ‘Trap,’ right? You might have heard something like this from your family or friends, but this…
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