Orbex - Forex Trading Library

GBPUSD managed today with gap price to tets resistance zone 1.3310-30 while market managed to break today Intraday levels showing first support at 1.3320 where as long as market holding above more advance toward 1.3450-70 is expected…
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As we advised last week Euro managed to hold trades and daily close above 1.1660 where market managed to add more advance toward 1.1780 today Euro managed to hit first target for the short-run view at 1.1760 while second target still…
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The pound jumped in the early trading hours today after UK Prime Minister Theresa May finally made Brexit breakthroughs as her cabinet agreed an approach to negotiations. A collective position was adopted during a tense Friday meeting;…
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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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A full AB=CD formation takes the cross to the 61.8% pullback level of 1.1761. Bespoke resistance is located at 1.1646 resulting in risk/reward being poor from current levels. We look to buy dips
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Daily Forex Market Preview, 09/07/2018 The U.S. dollar was seen trading weaker on Friday despite a broadly positive jobs report. The U.S. economy was seen adding 213k jobs during the month of May with revisions to previous two months of…
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The economic calendar for the week ahead is relatively quiet following a busy start to the month last week. Among the central bank meetings, the Bank of Canada's monetary policy meeting stands out. Heading into the BoC meeting, the…
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We are approaching previous resistance at 130.36 and the short-term 161.8% extension level at 130.20. For this reason, we look to buy into mild dips. It should be noted that the 261.8% extension level (from 126.64-128.84) is located at…
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Levels close to the 61.8% pullback level of 110.81 have found sellers. Trend line support is located at 110.50. Bespoke support at 110.43. A break of the ‘zone’ should lead to further loses.
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Daily Forex Market Preview, 06/07/2018 It was a busy day for the currency markets yesterday. The German factory orders report showed that output increased 2.6% on the month beating estimates of a 1.1% increase. Previous month's revisions…
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