Orbex - Forex Trading Library

Monthly: Moving higher from the 2016 low of 1.1905. The last two months have posted Inside Harami candles (or soldiers), a clear sign of investor indecision. Bespoke resistance is at 1.4390 Weekly:  Moving higher within a bullish channel…
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Weekly:  Last week’s price action resulted in USDCAD trading to the lowest level in 5 weeks. However, we are assessed as being inside the large Descending Wedge formation that has an eventual bias to break to the upside. On a move through…
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Monthly: Posted a bearish Outside Month in March. This pattern often highlights the top of a trend and the start of a new downward bias. The Marabuzo level (mid-point from open and close) is located at 132.76 Weekly: A 261.8%…
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Daily Forex Market Preview, 06/04/2018 The U.S. dollar was seen trading stronger on the day as economic data from the Eurozone and the UK disappointed. The equity markets pushed higher on improving market sentiment as investors took a…
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Daily Forex Market Preview, 06/04/2018 The U.S. dollar was seen trading stronger on the day as economic data from the Eurozone and the UK disappointed. The equity markets pushed higher on improving market sentiment as investors took a…
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Daily Forex Market Preview, 06/04/2018 The U.S. dollar was seen trading stronger on the day as economic data from the Eurozone and the UK disappointed. The equity markets pushed higher on improving market sentiment as investors took a…
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Daily Forex Market Preview, 05/04/2018 The British pound came under selling pressure as the construction PMI report showed a contraction as the index fell to 47.0 in March. This was below estimates of 50.9 and lower than February's 51.4.…
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Daily Forex Market Preview, 05/04/2018 The British pound came under selling pressure as the construction PMI report showed a contraction as the index fell to 47.0 in March. This was below estimates of 50.9 and lower than February's 51.4.…
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Daily Forex Market Preview, 05/04/2018 The British pound came under selling pressure as the construction PMI report showed a contraction as the index fell to 47.0 in March. This was below estimates of 50.9 and lower than February's 51.4.…
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GBP/CHF has been trading within a Complex Corrective Structure following Brexit and the Flash Crash. The Structure has been labeled as a Double Three and it is unfolding within a Rising Channel. GBP/CHF is sitting at some important…
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