Orbex - Forex Trading Library

In Wednesday’s Federal Reserve policy statement, the US central bank indicated that: “Inflation on a 12-month basis is expected to run near the committee’s symmetric 2 percent objective over the medium term”. The reference to symmetric…
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The Nonfarm Payroll (NFP) is a highly anticipated economic report which signals the strength of the US economy. It is closely analysed to predict Gross Domestic Product (GDP) growth and inflation rates and has the power to move global…
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Bespoke resistance is located at 110.00 and we have seen a reaction lower yesterday’s after the FOMC minutes. Channel support (pink line) is located at 107.80. With bespoke support seen at 107.55 this is our first prime support
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The European Central Bank was seen holding monetary policy unchanged at its meeting last Thursday. The ECB President Mario Draghi was widely expected to down play the concerns over the recent weak patch of economic data from the Eurozone…
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Dow failled to hold trades above support 24050 yesterday where market managed to break and head lower toward 23800 Intraday Levels showing first resistance at 24230 where as long as market holding below more drop toward 23500-700 target…
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Gold managed to edge lower below 1315 where managed to test 1302-05 support zone befor emarket rebound few dollars up As market closing from FOMC statement today a chance for the downtrend side to sustain as long as market holding below…
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Crude Oil managed to hold a trading zone where 69.50-60 resistance managed to hold the current drop correction mode where our target still remain toward 65.60-80 zone as we advised 2 weeks ago from that zone 65.60-80 a chance for a…
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The USDJPY managed to hold trades above 108.50 early this week where market managed to hold advance as we advised Market is closing from target 110.40-80 while Intraday Levels showing first support at 109.30-50 zone which may hold…
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The Pound managed to add rebound correction toward 1.3785 only last Monday befor the downtrend wave resume at market where managed to broke below 1.3715 and closed from target 1.3550 Intraday levels showing first resistance at 1.3660…
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In this May 2018 FX markets monthly outlook, The U.S. dollar emerged from a spell of selling as the greenback managed to emerge as one of the top currencies with gains last month in April. The USD was only second to the Canadian dollar…
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