Orbex - Forex Trading Library

Crude oil still holding same old formation where as long as market holding trades above 66.30 support zone more advance toward 71.60-70 and 74.00 zone will be expected Below 66.30 market may head for farther drop toward 64.00-50 zone…
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USDJPY managed to test resistance 112.15 zone while market still trying to head for break if market failed to break above 112.15 another drop correction may hit market toward 111.00-20 zone before another advance wave control market…
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Breaking the reverse Head and Shoulders to the upside. The formation has a measured move target of 82.90. With bespoke resistance located at 81.05, there is scope for a mild correction. We look to buy into dips.
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Daily Forex Market Preview, 18/09/2018 The U.S. Dollar eased back on Monday. The declines came after a renewed threat of trade tariffs. The U.S. administration announced that it would impose new tariffs of 10% on over $200 billion in goods…
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The latest revised GDP numbers from Japan showed that the economy advanced faster than previously expected. The data on the final reading on the gross domestic product from the Cabinet Office showed that Japan's GDP advanced at an annual…
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One of the concerns about the tribulations in Turkey is that underperformance there could trigger or at least contribute to contagion through the emerging markets sphere. Among those is Argentina, which as the second largest economy in…
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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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Daily Forex Market Preview, 17/09/2018 The U.S. dollar managed to post gains on Friday reversing the losses from earlier in the week. On the economic front, the U.S. retail sales advanced 0.1% on a month over month basis. This missed…
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The economic calendar for the week ahead is expected to be relatively quiet. The central bank meetings due this week include the Bank of Japan and the Swiss national bank. No changes are expected from either of the central banks at this…
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On Thursday, September 13th, the market was pleasantly surprised when the Turkish Central Bank (CBRT) boosted the benchmark rate for the lira by 625 basis points. Although given the market conditions in the country at the time, a…
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