Orbex - Forex Trading Library

A correction lower (in a corrective wave) and we have trendline support located at 1.3287. This is also a congestion zone. With a stop placed under the 261.8% extension (daily section) of 1.3176 and targets towards 1.3700, this view offers…
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The Bank of Canada held its monetary policy meeting last week. Interest rates were left unchanged at 1.25% as widely expected. But, the central bank surprised by signaling that the next rate hike could be coming soon despite uncertainties…
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Daily Forex Market Preview, 07/06/2018 The U.S. dollar was seen easing back from the gains on Wednesday with not much of data. Australian GDP was seen rising 1.0% which was better than the expected print of 0.9%. The fourth quarter GDP…
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A full AB=CD corrective formation is located at 13250. With this in mind, we prefer to sell a break of support to trigger our medium term sell trade idea.
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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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Crude Oil showing continues drop pressure after broke below 65.00 zone However Intraday start to show ability for rebound correction to test 6780 zone if market managed to hold trades above 64.20 Below 64.20 risk for more drop toward…
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USDJPY still holding slow motion movement while rebound correction is closing from target 110.30-50 zone Intraday levels showing first support at 109.80 while resistance laying at 110.35 level If market failed to break above 110.35 a…
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British pound still trying to hold rebound mode where market closing from resistance zone 1.3450-80 As long as market keep holding trades below this zone 1.3450-80 a chance for a side trading mode toward 1.3350-60 is expected Above…
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Euro managed to break above resistance 1.1750-70 yesterday Market showing ability for farther advance toward 1.1860 or 1.1910 zone Intraday levels showing support at 1.1740-60 where as long as market holding above more advance toward…
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