Orbex - Forex Trading Library

Daily Forex Market Preview, 24/04/2018 The U.S. dollar was seen posting strong gains on the day across the board. The gains came amid data from the Eurozone showing that manufacturing PMI might have eased to 56.0 in April. Services PMI…
Read More

Broke through the wedge formation to the downside. With the selloff stalling below the 261.8% extension level of 1.2209 (from 1.2413-1.2336), and the possible completion of a bearish Elliott Wave (5-waves), we look for a bounce to sell into…
Read More

Dow managed to hold trades below resistance 24900-50 which managed to push for first drop correction toward 24370 so far Intraday Levels showing ability for trading zone with rebound correction as long as market holding above 24370 where…
Read More

Gold managed to sustain drop after broke below 1340 as we advised last week Market now closing from target and support 1318-20 which may hold trading zone toward 1335-36 levels Below 1318 market may risk for farther drop to test…
Read More

Crude Oil retreated after broke above 68.60 which indicate another chance for drop correction As we see over the chart, Intraday Levels showing ability for trading zone between 67.50 and 69.50 before market add more drop toward 65.60-80…
Read More

USDJPY managed to break above 107.90 which may set another advance wave that may target 110.00-50 zone as we advised last week Intraday Levels showing first support at 107.70 where as long as market holding above more advance toward…
Read More

GBPUSD managed to break below 1.4130 last week which placed more drop pressure to test 1.4040-50 zone Market managed to break below 1.4040 which as we advised last week may placed market on new downtrend wave Intraday Levels showing…
Read More

Euro managed to hold trades below resistance zone 1.2420-30 which managed to push for another drop wave toward target 1.2250-60 Market managed to break below this zone today in continues drop pressure over market Intraday Levels…
Read More

As the markets head into the final week for the month of April, the economic calendar continues to steam ahead with lot of economic releases. Central bank meetings take the spotlight this week with both the European Central Bank and the…
Read More

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!
Read More