Orbex - Forex Trading Library

Mixed trading for the last 35 days looks to be forming an Ending Expanding Wedge pattern. A break of support at 0.8960 and the measured move target is 0.8855
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The biggest event this week for traders is going to be the release of the US Non-Farm Payrolls (NFP), expected at 8:30 EST (14:30 CET). NFP is something of a shorthand for the raft of monthly unemployment data that is released all at the…
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As we advised last week and as we see over our previous chart Dow managed to met Short-Run target 26100-200 Market may start to build downtrend wave from this zone where support laying at 25800 and 25600 Above 26200 market may add…
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Gold managed to jump again above 1200-05 which may activate farther advance wave As long as market continue trades above 1189 the chance for new advance wave to head toward 1225 and 1236 is expected Below 1189 the downtrend pressure…
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Oil managed to hold trading zone between resistance 71.60 and support 68.60 market managed to add few pips toward 68.40 which will consider as the support line where as long as market holding above another chance to advance toward 71.60…
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We still holding same view over USDJPY as we advised last week Market still showing chance for another try to test 110.10-30 support zone before market head from there toward another advance to test 112.00-15 zone Below 109.75 more…
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British Pound managed to hold support 1.2780 where managed to head for rebound correction toward target 1.2920-40 and more Market now facing the downtrend line around 1.2980-99 zone where as long as market holding below the downtrend…
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Euro managed to met target 1.1640-60 as we advised 2 days ago Intraday Levels showing support around 1.1600 where as long as market holding above more advance to test 1.1700-30 zone is expected which in turn may push back the market down…
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Daily Forex Market Preview, 06/09/2018 It was a busy day for the markets on Thursday. The U.S. dollar gave up the gains from the previous day leading to the Euro and the pound sterling posting activity on the day. The British pound was…
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Broken the wedge formation to the downside. The measured move target of 0.9800 has been surpassed. This was a previous area of support and now becomes resistance (0.9800). With bespoke resistance at 0.9789, this is our prime area to get…
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