Orbex - Forex Trading Library

The reverse trend line resistance from the trend of higher lows (blue line) is located at 129.36. With a stop placed above this are, selling rallies offers ample risk/reward
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The unemployment rate in the United Kingdom showed that employers in Britain increased the pace of hiring, with data supporting that more workers were added. However, despite the higher pace of hiring, there was a clear lack of wage…
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The recent strength in the Swiss franc has extended to the point of gaining versus all major currencies, including the US dollar over the past 2 weeks. Not coincidentally, the start of this period coincided with the breakout in the drama…
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Welcome to the first episode of our Fundamental Fun with Orbex, where we'll be looking at UK CPI! In today's look at fundamental analysis, we'll be talking about UK CPI data, and some things to keep in mind when trading around this data…
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Technical Monthly: Potential reverse head & shoulders as prices trade within the monthly ichimoku cloud. A clear break of $1370 is required to confirm the formation. $1300 key support has been breached although losses have been…
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This week we are looking at the FX pair AUDUSD. After seeing mixed trading and volatility over a long period of time, we are looking at a AUDUSD Medium-Term Call. Check out our weekly Trade Idea and tap into the market trend! 9:45…
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Daily Forex Market Preview, 23/05/2018 The U.S. dollar was seen trading mixed yesterday. Economic data was sparse for the day. The UK’s public sector net borrowing data showed that government borrowing fell to the lowest levels in a…
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The Aussie unemployment rate edges higher as it's seen rising to a nine month high in April at 5.6% from data provided by the Australian bureau of statistics last week. The number of people employed beat expectations and grew on an…
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Daily Forex Market Preview, 22/05/2018 In today's The U.S. dollar continued to strengthen on Monday. The gains came as the markets opened to the weekend news reports about the U.S. Treasury Secretary announcing that the U.S. had put on…
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An AB=CD corrective formation would take the cross to 84.67. Bespoke resistance is located at 84.67. We have a 50% pullback level at 84.80 (from the 89.09-80.51 move). Selling in this zone offers ample risk/reward.
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