Orbex - Forex Trading Library

Crude Oil still holding our expected drop wave correction where we advised last month that continues trade below resistance 66.60 may hit drop correction toward 59.00 Intraday Levels showing a break 2 days ago below 62.75 where the…
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As we advised yesterday and as we see over our previous chart USDJPY managed to fell below 109.00 where market managed to add more drop movement where market facing now support 108.00-20 zone As long as market holding above 108.00…
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GBPUSD managed to retreate fast after yesterday advance which indicate farther drop yet to come as market managed to break below 1.3835 moments ago Market showing ability for farther drop toward 1.3730-60 where below this zone more drop…
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As we advised yesterday and as we see over our previous chart Euro managed to sustain drop movement where market still trying to test 1.2165-1.2200 support zone Intraday Levels showing support zone at 1.2165-1.2200 where as long as…
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The Bank of England held its monetary policy meeting this week. As widely expected, the central bank in the UK left interest rates unchanged at 0.50% with a unanimous vote. The central bank’s asset purchases were also unchanged at the pace…
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Daily Forex Market Preview, 09/02/2018 The Bank of England's monetary policy meeting yesterday surprised the markets with hawkish tone from the central. Officials voted to leave the interest rates unchanged at 0.50% at yesterday's…
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Daily Forex Market Preview, 09/02/2018 The Bank of England's monetary policy meeting yesterday surprised the markets with hawkish tone from the central. Officials voted to leave the interest rates unchanged at 0.50% at yesterday's…
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Daily Forex Market Preview, 09/02/2018 The Bank of England's monetary policy meeting yesterday surprised the markets with hawkish tone from the central. Officials voted to leave the interest rates unchanged at 0.50% at yesterday's…
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In last week’s piece, I asked if rising bond yields could threaten gold prices. Today’s question asks whether the rise in bond yields will endanger equity indices. As I write this, US equity indices are finally posting declines of more than…
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The Bank of England will be holding its first monetary policy meeting of the year this week. The markets expect no changes to interest rates which remain at 0.50%. The Bank of England hiked interest rates for the first time in a decade in…
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