Orbex - Forex Trading Library

As we advised early this week and as we see over our previous chart Market managed to head for some retreacement toward 109.55 while market still facing same Short Run resistance at 111.40-70 zone As long as market holding below this…
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As we advised earlt this week GBPUSD managed to hold trades below 1.3310 resistance where managed to head for farther drop toward 1.3205 and below Market now facing support at 1.3070 while as long as market holding above this level…
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We look for a bearish 5 wave Elliott wave count to be completed at 1.3668. Immediate price action to the upside has been mixed and volatile, common in corrective formations
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Daily Forex Market Preview, 20/06/2018 The U.S. dollar managed to turn fairly stronger on the day on Tuesday. Economic data was limited. The U.S. building permits data showed an increase of 1.30 million. This was slower than the…
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The Bank of England's monetary policy meeting is scheduled for this week on Thursday. According to the economists polled and the market watchers, the UK's central bank is expected to leave interest rates unchanged at this week's meeting.…
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Broken out of both the Ending Wedge formation and channel formation to the downside. Reverse trend line resistance is seen at 110.20. Bespoke resistance is seen at 110.10. This is our prime short entry.
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Daily Forex Market Preview, 19/06/2018 The U.S. dollar was seen trading mixed on Monday with a slight risk aversion putting the safe haven yen and the Swiss franc on the front foot. Economic data was relatively light on the day. The…
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According to the results of a study conducted on over 43 million trades worldwide from Q2 2014 through to Q1 2015, across the 15 most popular currency pairs; more than 50% of traders made money most of the time and closed out at a gain.…
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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, 18/06/2018 The markets opened on Monday to the news over the weekend about the U.S. President Trump announcing fresh tariffs on China. The Trump administration imposed a 25% tariff on about $50 billion on…
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