Orbex - Forex Trading Library

Yesterday’s price action posted a doji style candle highlighting indecision. Bespoke resistance is now located at 1.1990. With reverse trend line resistance seen at 1.2014, and the 23.6% Fibonacci level located at 1.1979 (from…
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As the US dollar rally enters its 4th consecutive week – the longest series of uninterrupted advances since September – the following question needs to be asked? Can the strengthening of the USD continue without any technical breakdown in…
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As we advised early this week Dow managed again to visit Short-Run supprt zone at 23500-700 as we advised last week before market head for another advance Market managed today to test resistance zone 24500-650 which may provide…
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Gold managed to hold trades above support 1302 which may provide farther rebound correction toward 1325-27 zone Short-Run resistance still laying at 1333 where as long as the daily close sustain below 1333 market may build another drop…
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Crude Oil managed to hold trades above support 67.50 after yesterday fast drop as we advised early this week Maket managed to rebound where closing from Intraday target 72.00 zone As long as market holding below 72.00 a chance for…
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Dollar/Yen managed to hold trades above support 108.50-60 where market managed to add more advance Intraday Levels showing first support at 109.25-35 where as long as market holding above more advance toward target 110.40-80 zone still…
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As we advised early this week Pritish Pound still holding above support zone 1.3460 which may provide a rebound correction for market toward 1.3660 zone 1.3660 may hit market for a drop correction toward 1.3550-70 zone While above…
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Euro managed to sustain drop where managed to broke below 1.1900-20 zone where printed new low today Intraday Levels showing chance for rebound correction as we see over the chart, where as long as market holding above 1.1800-20 a chance…
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This week we are looking at the FX pair GBPJPY. In this medium-term trade idea, PIA-First is looking at the rally being sold into for the Sterling Yen. It is believed that a downside correction should be seen following the rally in this…
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Daily Forex Market Preview, 09/05/2018 The newswires were dominated by Trump's decision on Iran nuclear deal which saw oil prices turning volatile on the day. The Trump administration announced that they would be pulling out the Iran…
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