Orbex - Forex Trading Library

Daily Forex Market Preview, 31/08/2018 The U.S. dollar was seen posting a recovery on Thursday. The currency gained amid economic data from U.S. showed that the core PCE price index increased 0.2% on the month. Personal spending data…
Read More

The European Central bank released the meeting minutes from the July 26 monetary policy meeting. Central bank officials noted that protectionism and the uncertainty from the global trade war remained the biggest risks for the Eurozone…
Read More

  Technical Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12280 and the measured move target is 8548. Rallies have stalled and found sellers near 12800 & 13200. Weekly:  Looks to…
Read More

Daily Forex Market Preview, 30/08/2018 The U.S. dollar was seen trading on the back foot amid a rather busy day. The economic data from the U.S. showed that the economy advanced by 4.2% during the second quarter. The second revised…
Read More

Summary: Officials confident that the U.S. economic growth will remain strong Members cite concerns due to the impact of trade tariffs on the U.S. economy Higher tariffs could result in increased cost of input prices, officials…
Read More

Dow managed to met Short-Run target 26100-200 Market may start to build downtrend wave from this zone where support laying at 25950-80 and 25600 Above 26150 market may add more bonus toward 26300-30 while the uptrend wave will be…
Read More

we still holding same view over Gold while market managed to test 1200 Intraday Levels showing support around 1195 where as long as market holding above more advance to test 1220-25 zone is expected below 1195 market may head for more…
Read More

As we advised early this week and as we see over our previous chart Crude oil managed to sustain drop wave toward targeted zone 64.00-50 in the last 2 weeks Market anaged to head for fast rebound correction where Intraday Levels…
Read More

As we advised early this week and as we see over our previous chart USDJPY managed to head for rebound correction where market tested 111.50 last week Market showing ability for this uptrend wave to sustain where Intraday Levels…
Read More

British Pound managed again to head to try for testing resistance 1.2930-60 before market retreate As we see over the chart market may have a chance for trading zone between 1.2930-60 resistance and support 1.2700-30 Above 1.2960…
Read More