Orbex - Forex Trading Library

Daily Forex Market Preview, 11/04/2018 The markets were buoyant yesterday after the speech by Chinese Premier Xi struck a positive tone among investors. Xi promised to reform China's markets including opening the automobile and insurance…
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Monthly: Holding within a large Expanding Wedge formation that has an eventual bias to break to the downside. The whole move higher from the 2016 low (0.6827) has been and volatile, common in corrective formations Weekly: The mixed and…
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The Reserve Bank of Australia held its monetary policy meeting last week. As widely expected, the central bank did not surprise as it left interest rates unchanged at 1.50% for 18 months in a row. The RBA said in its monetary policy…
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The monthly nonfarm payrolls data for the month of March was released last Friday by the U.S. department of labor. Official data showed that the U.S. economy created the smallest pace of jobs in six months which was driven by mild weather.…
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Following a rather volatile week, which started with China announcing retaliatory tariffs on U.S. imports and the equity markets gyrating, the week ahead will see investors turning their attention to the Fed meeting minutes and US inflation…
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The Federal Reserve policy maker, Loretta Mester has stated that the central bank should continue raising the interest rates for the remainder of this year and the year ahead. She said that the rate hikes will help the U.S. economy from…
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Dow managed to head for the first advance wave from our support 23300-400 where managed to hit 24625 high away with 75 pips from resistance 24700 as we advised last week as we see over the chart, Market still trying to construct second…
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Gold still showing momentum inside the Intraday Levels where market showing a rising wedge formation with resistance laying at 1340-43 As long as market holding below this resistance another drop wave will be expected toward 1315-19 zone…
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Crude Oil managed to hold trades below resistance 64.00 where managed to test our target and support zone 62.00 as we advised last week Intraday Levels showing resistance at 64.50-70 which if managed to hold the market another drop…
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USDJPY still trying to hold uptrend rebound correction which still tryig to test resistance 107.80-90 zone As we see over the chart 107.90 may push for a drop correction toward 105.25-65 zone Below 106.60 more signals for more drop…
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