Orbex - Forex Trading Library

Daily Forex Market Preview, 24/01/2018 The U.S. dollar was on the defensive yesterday as the currency posted some sharp intraday volatility as the funding bill was approved for a few weeks. The USD continues to remain weak against its…
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The markets this week will be focusing on the UK labor market and the advance GDP report coming out. The data is likely to shift focus back to the fundamentals amid continued developments on the Brexit talks happening in the background.…
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The Dow Jones managed to sustain its advances as we have been describing since last week. The market managed yesterday to hit its target of 26200 while more advances today brought the market close to its second target at 26350.…
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As we discussed last week and as we can see from our previous chart: Gold managed to hold trading above the support zone 1322-26 where, as long as the market keeps trading above this zone, further advances to test the 1350-55 zone are…
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As we discussed last week and as indicated from our previous charts: Crude oil managed to break above the resistance point of 62.60, where the market may have the chance to sustain its advances as the next resistance level lies at the…
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As we advised last week and as we can see from our previous chart, once the market broke below the 112.10 point the downtrend wave started to control the market. We are still maintaining the same model as we described previously. As…
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The British Pound managed to meet its target today in the 1.3980-90 zone as we have been discussing since last week. the market may face a drop correction from this zone, where 1.3805 and 1.3725 may become possible target areas. Above…
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As we see over from previous charts, we are still holding our previous model for EURUSD. The Euro managed to sustain trading above the support point of 1.2180 where, as long as market holds above this zone, the uptrend wave will continue…
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Daily Forex Market Preview, 23/01/2018 The Bank of Japan's monetary policy meeting held earlier today saw the central bank leaving interest rates and its QQE purchases unchanged. The Japanese yen was seen strengthening on the back of the…
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Daily Forex Market Preview, 23/01/2018 The Bank of Japan's monetary policy meeting held earlier today saw the central bank leaving interest rates and its QQE purchases unchanged. The Japanese yen was seen strengthening on the back of the…
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