Orbex - Forex Trading Library

(The Dow) US30 hitting some resistance (The Dow) US30 retreated slightly after testing all-time highs as the Fed indicated that a rate cut is imminent. The mood has turned cautious at 46100 with an overbought RSI on the chart calling…
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There is an overwhelming consensus among futures markets and economists that the Fed will cut rates at the end of its two-day meeting on Wednesday. The vast majority are betting on 25 bps of easing, with the disagreement being from those…
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(SPX 500) S&P hitting records The (SPX 500) S&P confirmed its bullish stance after a remarkable continuation after jumping past the 6500 level. 6650 is the next hurdle to reach and a key level to see if bulls progress as the…
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The consensus for the moment is that the BOC will cut interest rates by 25 bps on Wednesday, just hours before the Fed is projected to do the same. However, that consensus is a bit shaky, given uncertainty around tariffs and trade…
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The Dow managed last week to break above the resistance of 45700-50 whilst managing to meet the first target at 46000. As we see over the chart and if prices hold above the support of 45500-700, another advance toward 46300 and 46800…
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Gold is now testing the resistance zone which laying between 3646-57, which could maintain the Intraday pressure for another drop towards 3620, which in turn could activate another advance towards 3646-57 and 3675-80. Below…
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Crude Oil held below the resistance at 64.30-60 while the downtrend pressure remains on market. As long as the market keeps holding below this resistance, the downtrend pressure could sustain towards the 59.50 target. Above…
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USDJPY held above the old support at 145.70 and managed to hit a rebound again towards 148.20 last Thursday. This trading zone between 145.70 and 149.15 is still holding the market as expected. Above 149.15 more advance…
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