Orbex - Forex Trading Library

The pair hit a correction towards the target and support of 157.25-65 last week. The market is still holding a trading zone with resistances around 160.20 and 161.95 where each resistance could push for drop a toward the 157.25-65 zone.…
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The market managed to rebound after printing a low of 1.3217 two weeks ago. As we see from the previous chart, prices managed to meet the target of 1.3460-80 which could lead to a correction. Above 1.3485 more advance will be…
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THE Euro managed to hold trades inside a trading zone as expected last week. Prices still face pressure towards the 1.1200 zone with resistances at 1.1655. Below 1.1400 more of a drop toward 1.1200 will be expected. Above…
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GBPUSD hits resistance The pound remained upbeat after its bullish rally stalled. After jumping over 150 pips in recent sessions, prices entered a consolidation phase. As the pair floats around the 1.3400 level, the RSI’s double dip into…
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There is a fatal misconception in the retail trading ecosystem: the belief that screen time equals profitability. Amateurs assume that to be a "full-time trader," you must be actively in a position from the opening bell to the close. This…
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Human beings are biologically engineered to be terrible traders. The default psychological settings that kept our ancestors alive for millennia—fear, hesitation, and the desperate avoidance of pain—are the exact same settings that will…
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There is a pervasive myth in retail trading that screen time correlates directly with profitability. Amateurs believe that to be a full-time trader, you must be glued to a five-minute chart from the moment you wake up until the closing…
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Retail traders universally experience the exact same frustration: your stop-loss gets hit by a fraction of a pip, and then the market immediately reverses and sprints straight to your original take-profit target. You weren't wrong about…
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Markets will be looking at the upcoming UK data to get a baseline for how energy price increases could affect the economy. This will be important in determining the timing of the first BOE hike and could therefore influence pound pairs.…
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