Orbex - Forex Trading Library

Gold advanced toward the first target at 3640-45 while the advance toward the second target at 3675-80 is still valid with some caution. As we see over the Intraday chart and as long as the market holds  below 3660, a chance for a…
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The Dow tested the resistance trend at 45700-50 last Friday before hitting a correction towards the 45200 zone. As long as the market keeps holding below the resistance trend of 45700-50, another drop will be expected with support at 44570…
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USDJPY fell below the support of 146.50-70 as the market is still facing the old support of 145.70, which is still holding the chance for another rebound. Intraday levels show resistances around 147.35 and 147.85 which could maintain the…
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Crude Oil managed to meet the target of 61.50 last Friday. As we see over the Intraday chart, prices face resistances around 63.50 and 65.00-80, where as long as the market holds below one of those resistances another drop swing toward…
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GBPUSD re-tested the 1.3590 resistance which if managed to hold, a correction could hit the market with support around 1.3480, which in turn could activate an advance. Above 1.3590 more advance toward 1.3745-75 will be expected. Below…
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The Euro moved above the resistance of 1.1720-40 which could cause a further advance toward targets 1.1830 and 1.2000. As we see over the previous Intraday chart, the market is facing support around 1.1680. If prices hold above it, more…
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(WTI crude) USOIL gaining momentum (WTI crude) USOIL gained some recovery after a firm bounce at 61.50. A break above the previous high of 63.50 would attract momentum buyers, extending the recovery. The RSI's double bottom in the…
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Political developments around the world are converging this week, affecting the outlook of several currencies. The Prime Minister of Japan resigned over the weekend, a cabinet reshuffle took place in the UK, and France's Prime Minister…
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The Dow tested the resistance trend at 45700-50 last Friday before hitting a correction towards the 45200 zone. As long as the market keeps holding below the resistance trend of 45700-50, another drop will be expected with support at…
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