Orbex - Forex Trading Library

The European Central bank released the meeting minutes last week which covered the monetary policy meeting that was held in the last week of May. According the minutes, the ECB acknowledges slowdown in Eurozone growth and expects it to slow…
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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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Daily Forex Market Preview, 28/05/2018 The markets were seen trading on the back foot on Friday amid an array of rising global political risks. Investors were seen facing risks from the proposed U.S. and North Korea talks that President…
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The economic calendar for the week ahead is relatively quiet with most of the reports scheduled around Thursday and Friday. With the start of a new trading month, the U.S. nonfarm payrolls report is scheduled for release covering the month…
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The intraday chart highlights and Ending Wedge. A break of 1.3415 and the measured move is 1.3610. This has resulted in the immediate bias being bullish. With bespoke resistance at 1.3700, we look for any extended rallies (recovery) to be…
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Daily Forex Market Preview, 25/05/2018 The U.S. dollar was seen falling slightly on the day. Economic data showed the release of the German final GDP data for the first quarter. The quarterly pace of GDP was seen rising 0.3%, unchanged…
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On Friday last week, the Canadian May Retail Sales and Inflation economic data was released. The mixed results saw the markets clearly divided on the next monetary policy move from the Bank of Canada. Data from Statistics Canada showed…
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Daily Forex Market Preview, 24/05/2018 It was a busy day for the markets yesterday with a number of economic releases lined up. The Eurozone flash services and manufacturing PMI's showed that activity in both the sectors fell to 18-month…
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Today's Episode of Fundamental Fun is the release of the minutes from the last ECB meeting, which are officially known as - and that's how they appear in the economic calendar - as Account of Monetary Policy Meeting. So, what are they?…
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The trend of higher lows was located at 147.60. Reverse trend line resistance is now located at 147.66. With bespoke resistance seen at 147.62, this is our prime area to get short.
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