Orbex - Forex Trading Library

Technical Monthly: For he last 84 months USDCHF has held within a bullish channel formation. Level close to 1.0340 continue to cap buying.  A full AB=CD formation would the the pair to 1.1450. We have seen spikes in both directions for…
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Summary: GDP rises 0.5 % on the previous quarter (price, seasonally and calendar-adjusted) GDP rises 2.3 % on the same quarter a year earlier (price-adjusted) GDP rises 2.0 % on the same quarter a year earlier (price-and…
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Here is our weekly video analysis for the FX Majors. Starting with the USD Index, we will be breaking down time-frames while highlighting what you should be looking out for this week!
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In this episode, Richard is following up on his previously posted “Trends And Reversals – Patterns And Correlations” article, in which a spike in volatility was underlined, as a possibility, along with a chance for the Market to commence a…
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Technical GBPJPY - Rallies continue to attract sellers Monthly: Price action in February posted a bearish Outside Month, often an indication that the rally is over and the start of a new downward bias. Intra-month rallies continue to…
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Daily Forex Market Preview, 20/08/2018 The U.S. dollar was seen easing back from the strong gains made earlier in the week. By Friday's close, the U.S. dollar index was seen giving up the gains and closed near 95.99. Economic data…
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Economic data for the week ahead take a backseat with no major releases scheduled. Against this backdrop, investors are likely to remain cautious with the ongoing uncertainty regarding the U.S. sanctions, trade tariffs, and President…
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Daily Forex Market Preview, 17/08/2018 Australia's wage report showed that the unemployment rate fell 5.3% in July. The decline came on a slight decrease in the participation rate. Data showed that the economy lost a net 3.9k jobs. This…
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Bespoke resistance is located at 1.2745. With this are likely to complete the first bullish Elliott Wave count (5), we would then look for a correction to the downside. A projected channel base can be seen a 1.2675. We look to by dips for a…
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Daily Forex Market Preview, 16/08/2018 The U.S. dollar was seen trading a bit subdued on Wednesday. However, price action was seen staying firm for the most part. Economic data over the day saw the Australia wage price index. For the…
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