Orbex - Forex Trading Library

Gold is still holding a trading zone while today Federal Reserve Chair Jerome Powell’s speech could shake things up. As we see over the Intraday chart and as long as market holds below 3358, the chance for a drop to test the 3282 support…
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Crude Oil managed to break below the 63.70 level which could push for a further drop. As we see over the chart, prices face resistance around 64.40 where as long as the market holds below it, more of a drop toward 59.50 could hit the…
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As we see over the Intraday chart, USDJPY managed to hit another rebound which could push the market for a  further advance. As we see Intraday support at 147.95, if prices remain above it, the advance movement could sustain…
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GBPUSD managed to met target of 1.3585 and dropped towards the 1.3360-90 support. As we see over the Intraday chart, if prices remain above the support at 1.3360-90, a rebound towards 1.3585 and above will be expected. Above 1.3605 the…
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The Euro tested the support level at 1.1590 which could lead to a rebound. As we see over the Intraday chart, prices show a strong chance for another move towards the 1.1675 zone with supports at 1.1590 and 1.1500-20. Below…
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Cable has been trending lower this week, despite inflation coming in hotter than expected. That unusual situation is an illustration of how multiple factors can influence the performance of the forex market. In this case, diverging economic…
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Crude oil (USOIL) finds support Crude oil (USOIL) rallied after jumping over $1 yesterday, with global tensions growing. A close above the previous swing high of 64.00 could open the door to a broader recovery by forcing short sellers to…
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Markets are in a holding pattern ahead of the Jackson Hole Symposium. It's often the venue for the Fed announcing a shift in monetary policy, and there are high expectations going into the event. But, there is also a high risk of a…
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Dow managed again yesterday to hit our target zone 45100 As we see over our previous chart and as we advised since last week Market still facing support 44650 where as long as market holding trades above it more advance toward 45500…
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The (Dow) US30 waiting for the next signal The (Dow) US30 took a breather as the market turned its attention to the Fed's FOMC minutes. The index is testing the previous swing high and daily resistance at 45000, a critical level to…
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