Orbex - Forex Trading Library

Daily Forex Market Preview, 23/02/2018 Data from the UK showed that the second revised estimate was lowered to 0.4% down from the first estimate of 0.5% for the quarter. This brought the annual GDP in the UK to 1.4% on the year missing…
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What happened in the two hours following the release of the January Federal Reserve meeting minutes?  A 1.8% fall in equity indices, accompanied by a rapid jump in bond yields and a broad recovery in the US dollar. The Dow Jones Industrials…
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Dow managed to fell below 25000 2 days ago which activated another drop wave Intraday Levels showing resistance at 24900 and 25200 where as long as market holding below one of those resistance the downtrend wave will sustain toward…
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Gold managed to retreate below 1334 2 days ago where market may activate more drop movement toward 1300 zone As long as market holding below 1331-36 zone more drop toward 1300 zone will be expected Above 1336 market may head for…
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As we advised 2 days ago and as we see over our previous chart Crude Oil still holding trading zone as we advised early last week Market now facing resistance at 62.10 while Intraday support at 59.60 Another trading zone between…
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USDJPY managed to jump above resistance 107.20 which activated more rebound correction that will face resistance at 108.20-45 As long as market keep holding trades below resistance 108.20-45 another drop wave to re-tetst 106.00-20 zone…
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British Pound still facing drop pressure with market testing Intraday support at 1.3870 Below this level more drop willl be expected where market still facing another support at 1.3760 which if managed to support market another rebound…
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Euro managed to sustain drop wave where market closing from support zone 1.2220-30 As long as market keep holding trade above 1.2220-30 another advance wave will be expected toward 1.2420-50 zone Below 1.2220 Market may add more drop…
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Summary: Australia unemployment rate falls to 5.5% in January 2018 Australian economy adds 16,000 jobs during the month A decline in full-time jobs that was offset by an increase in part-time jobs Wage growth continues to…
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Daily Forex Market Preview, 22/02/2018 The FOMC meeting minutes released yesterday sent the U.S. dollar to close higher on the day as investors brace for a March rate hike. Although the Fed minutes did not reveal anything new, the upbeat…
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