Orbex - Forex Trading Library

Economic data for the week ahead will culminate in a busy three days starting from Wednesday. The FOMC meeting is scheduled for Wednesday followed by the ECB's monetary policy meeting on Thursday and concluding with the Bank of Japan's…
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Paul Tudor Jones, known as the man who shorted the “Black Monday 1987” crisis, is one of the most well-known and respected traders of our time. He is renowned for his aggressive trading styles and is one of the most famous contrarian…
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As we advised early this week Dow still holding the Short-Run advance wave that still targeting the second level at 25500 zone Market managed to obtain daily close above  24715 zone, which may activate farther advance that may target…
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As we advised arly this week and as we see over our previous chart Gold managed to hld tight trading zone while market showing continues drop pressure Market facing Intraday support level at 1282 where as long as market holding above…
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As we advised yesterday and as we see over our previous chart Intraday start to show ability for rebound correction to test 67.80 zone if market managed to hold trades above 64.20 Below 64.20 risk for more drop toward 62.00 may hit…
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As we see over our previous chart USDJPY managed to head for drop correction as resistance zone 110.30-50 intact as we advised yesterday As long as market holding above 109.00 zone another advance wave toward 110.80 may hit the market…
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British pound managed to retreat from resistance zone 1.3450-85 where managed to hit 1.3370 low yesterday as we advised Market now facing support at 1.3345-70 where as long as market holding above another advance wave toward 1.3485 may…
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Intraday Levels still showin support levels at 1.1720 which may re-activate the uptrend march toward target 1.1850-60 Below 1.1690 market may head for farther drop toward 1.1620 which in turn may give cance for rebound correction toward…
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Using forward projection, a larger AB=CD formation to target bespoke resistance at 1.1960 would require dip buying at 1.1635. This is the 61.8% pullback level of the last rally (1.1510-1.1837). With these facts in mind, we look to buy into…
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Daily Forex Market Preview, 08/06/2018 The U.S. dollar continued to trade mixed while the euro currency maintained its strong position. Sentiment in the euro remained firm following the ECB's Chief economists comments about a possible…
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