Orbex - Forex Trading Library

Euro retreated late session yesterday which may be a signal for a false break As we see over the chart, Euro back to hold trades below downtrend line which may affect adrop correction toward 1.1530-50 zone If market managed to bonuse…
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FTSE – Continues to trade within a range Weekly: The index continues to trade in a narrow range between 7486 -7802 and is showing no sign of exiting this range. The weekly candles are posting small bodies which indicates a lack of…
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Daily Forex Market Preview, 29/08/2018 Consumer confidence in the United States hit a new high. The index rose from 127.9 in July to 133.4 marking the highest level since October 2000 beating the median forecasts as well. The consumer…
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Summary: New Zealand quarterly retail sales rise 1.1%, above estimates of 0.4% Annual retail sales rise 3.1% Better than expected retail sales raises prospects of a stronger Q2 GDP growth The latest retail sales report from…
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Technical Gold – Morning star formation posted as Gold corrects higher Monthly: A sequence of 4 monthly lower lows and highs has been posted. This month’s candle, although not yet complete looks to forming a bullish hammer after the…
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Daily Forex Market Preview, 28/08/2018 The U.S. dollar continued to extend the declines from last week. Economic data was sparse and the weaker greenback sent the euro higher on the day. The gains came as signs of easing global trade…
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The Australian central bank released its meeting minutes last week. As widely expected, the minutes did not reveal any new information for the market participants. The Reserve Bank of Australia reiterated that it had no plans to adjust…
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Dow still holding Short-run uptrend wave which may target 26100-200 as we advised few months ago Intraday Levels showing first support at 25600 where as long as market holding above the uptrend wave will sustain toward 26100-200 zone…
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Gold manged also to sustain rebound correction where managed last week to test 1208 zone 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…
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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 showing a chance for trading zone between upport 66.00 and resistance 70.50…
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