Orbex - Forex Trading Library

The Market is reacting to fundamental events and multiple question marks seem to be appearing, as the trade war sentiment escalates. Moreover, it seems that earnings reports could surprise after all, with some global leaders in the tech…
Read More

Technical Monthly: Trading within a bearish channel formation. Trend line resistance is seen at 1.2546. Levels close to the 38.2% pullback level of 1.2522 (from 1.6038-1.0349) continue to attract sellers. Consecutive negative months have…
Read More

Daily Forex Market Preview, 24/07/2018 The U.S. dollar was seen managing to stabilize on Monday. Economic data was sparse. In the NY trading session, the existing home sales report showed a decline to 5.38 million. This was slower than the…
Read More

The UK currency market was busy last week amid the jobs and the inflation report scheduled over the week. Ahead of the week, investors were expecting to see a healthy pace of increase across the labor market and consumer prices. UK…
Read More

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!
Read More

Dow managed last week to hit target 25180 while market managed to test downtrend resistance line around 25200-50 zone as we see over our previous chart If market failed to break above this zone another drop wave may hit the market toward…
Read More

Gold also managed to rebound aftre trumps tweet on rate hike where Gold is closing from testing resistance 1236-37 zone Short-Run outlook see main resistance at 1245 where as long as Gold maintain trades below the downtrend wave is on go…
Read More

As we advised in the last 2 weeks and after Crude Oil broke below support 72.00-20 We still holding same view for the Oil that as long as market holding trades below 72.00-20 a bigger drop wave will be expected toward 64.00-50 zone…
Read More

USDJPY managed to head for fast drop movement as market kept trades below 113.30-70 which this drop was driven by Donald Trump tweet about rate hike Market closing from support uptrend line around 110.50-60 which if managed to hold the…
Read More

British pound also managed to resume drop last week where managed to test our support zone 1.2950-75 which drive for another rebound toward 1.3100-10 and avbove as we advised Pound managed to break 1.3110 resistance which may drive for…
Read More