Orbex - Forex Trading Library

The U.S. Dollar managed to hold its ground on Monday. Economic data was sparse. In the European trading session, the euro currency came under pressure after the German chancellor, Angela Merkel announced that she was stepping down as the…
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The European Central Bank held its monetary policy meeting last week on Thursday. As widely expected, the ECB kept its interest rates unchanged but signaled that the central bank was entering the final leg of its bond purchase program.…
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Gold Failed so far to optaing any daily close above 1240 zone which still holding our prevous outlook for another new drop wave over Gold Intraday Levels showing upport around 1222-23 where as long as market holding above another trading…
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Crude Oil still facing downtrend pressure as long as market holding trades below 68.50 zone Intraday levels showing support at 66.90 where below this level more drop pressure will be expected over the Oil Short-Run support laying at…
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USDJPY managed to rebound as support 111.30-60 managed so far to hold the uptrend wave Intraday levels showing chance for trading zone between support 111.30-60 and resistance 113.00 As long as market holding trades above 111.30…
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GBPUSD managed to hit target 1.2800 last week Intraday Levels still showing first resistance around 1.2850-70 while second resistance laying around 1.2925-55 zone As we see over the chart, as long as market holding below one of those…
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Euro managed to sustain drop movement last week where last Friday managed to head for some rebound correction As we see over the chart, Intraday Lveles showing resistance around 1.1435-50 where as long as market holding below this…
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Previously we talked about how commodity prices and forex were more linked than meets the eye. The case of energy, as best illustrated by oil prices, deserves a closer look; and shows us how the market can react quite counterintuitively.…
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Economic data from Friday showed that the Tokyo core CPI rose 1.0% as forecast. This was an unchanged print compared to the month before on an annualized basis. In the Eurozone, the German Gfk consumer climate was seen to be steady at…
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