Orbex - Forex Trading Library

Crude oil managed to break above 70.50 which may hold an uptrend wave inside trading zone formation between 68.70-69.00 support and 71.60 and 72.20 resistances Below 68.70 market may add more drop toward 66.30 support while Below this…
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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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Technical Weekly: Previous support level of 1.3000 broken. The sequence for trading is higher highs and lows. Posted a Bullish Hammer Bottom on the Weekly chart. We look for a re-test of the downward trending support Daily: Broken out…
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Daily Forex Market Preview, 04/09/2018 The British pound slumped on Monday after renewed concerns on Brexit. The Pound sterling fell as the UK’s manufacturing PMI fell to a 25-month low. Economic data from the U.S. was sparse with the U.S.…
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The month of August was seen to be relatively quiet as far as economic data was concerned. With the summer month coinciding with low volumes, the markets were broadly stable. The lack of economic data pushed the focus on the trade…
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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, 03/09/2018 The U.S. dollar was seen gaining ground on Friday as the markets closed the month of August. Economic data on the day showed that the flash inflation estimates for the Eurozone rose at a slower pace…
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Technical Monthly: Trading within a bearish channel formation. Trend line resistance is seen at 1.2515. Levels close to the 38.2% pullback level of 1.2522 (from 1.6038-1.0349) found sellers. There has been little net change for the last…
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The markets open to a busy trading week which marks the first week of September and the final month for the third quarter. Investors will be closely scrutinizing the economic data which is dominated by many economic releases from the United…
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EURGBP – Dip to the bottom of the uptrend channel attracting buying interest Weekly: Broken out of the wedge formation to the upside. This has been positive for recent price action, with prices extending above the 0.8800 level. The…
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