Orbex - Forex Trading Library

Euro managed to add more advance above 1.1860 while market still facing Short-Run resistance at 1.1940-60 As long as market holding below 1.1940-60 another drop wave toward 1.1710-30 zone is expected Below 1.1830 market may add more…
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NZDUSD intra-day analysis NZDUSD (0.7007): The New Zealand dollar posted some declines, but price action managed to bounce off the lower median line. As price attempts to test the previous highs we see that the Stochastics oscillator has…
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USDJPY intra-day analysis USDJPY (113.39): The USDJPY managed to push higher, marking a two-day gain. Price action is seen attempting to test the previous highs near 113.7. Following the breakout above the resistance level at 113.06 -…
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Daily Forex Market Preview, 21/12/2017 The Bank of Japan's monetary policy meeting held earlier today saw interest rates and the central bank's QQE purchases remaining unchanged as expected. The board members voted 8 -1 to keep monetary…
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The European Central Bank concluded its final monetary policy meeting last week. As widely expected, following the tapering decision at the October meeting, the markets were expecting to see the ECB hold the line. The central bank left…
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NZDUSD intra-day analysis NZDUSD (0.6958): The New Zealand dollar was seen declining for the second day as price action failed to reach the 0.70 handle. The declines could see the kiwi dollar falling back to the 0.6917 level where…
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USDJPY intra-day analysis USDJPY (112.98): The U.S. dollar was seen trading stronger against the Japanese yen with price managing to close at a four-day high yesterday. On the intraday charts, price action is back at the resistance level…
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Daily Forex Market Preview, 20/12/2017 The U.S. House of Representatives passed the tax reform legislation yesterday, but the market reaction was broadly muted. Another round of voting is expected to take place today following which, the…
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The Bank of Japan will be one of the last central bank meetings lined up for this year this week. The central bank is expected to make no changes with its QQE program and interest rates which currently stand at -0.10%. This comes amid…
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Dow still holding uptrend wave where market constantly printing new record highs Intraday levels showing supports at 24770 and 24670 where as long as market holding above one of those supports the uptrend wave will sustain toward new…
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