Orbex - Forex Trading Library

Euro managed to head for some drop correction yesterday where market managed to hold trades above support 1.2180 which activated another advance as we advised yesterday where market closed today from target 1.2335 Euro went for another…
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Daily Forex Market Preview, 17/01/2018 The U.S. dollar continued to trade weak with the euro and the Japanese yen held onto it’s gains. Investors bid up the euro and the yen as both the currency's central bank meetings are coming up next…
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USDJPY intra-day analysis USDJPY (110.63): The USDJPY is seen attempting to pare losses as price action fell below the 110.70 handle yesterday. In the short term, the resistance level at 111.00 - 111.88 remains in play, as price action…
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NZDUSD intra-day analysis NZDUSD (0.7253): NZDUSD posted declines yesterday but price action has formed an inside bar as a result. This could potentially suggest a correction on a downwards breakdown. The support level 0.7160 remains the…
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The Bank of Canada is set to hike rates this week and will be holding its first monetary policy meeting of the year. According to many, the BoC is expected to hike interest rates by 25 basis points at this week's meeting. The rate hike…
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Will the Bank of Canada hike it's rates on this coming Wednesday? Some say it should and will. Others think rates should be kept on hold due to heightened uncertainty surrounding negotiations about the North American Free Trade Agreement.…
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Dow managed to head toward target 25980 while managed to break above where market facing now Intraday resistance at 26080 Market may have chance for trading zone between support 25900 and resistance 26200 While as long as market…
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Gold managed to retreate before testing resistance 1350-55 Intraday levels showing support at 1322-26 where as long as market holding above another advance wave toward 1350-55 will be expected Below 1322 more drop toward 1310 and…
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As we advised last week and as we see over our previous chart Crude oil managed to break above resistance 62.60 where market may have chance to sustain advance as next resistance laying at 66.00-60 zone From that zone market may have…
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As we advised yesterday and as we see over our previous chart Market still facing first resistance at 111.05-10 where as long as market holding below more drop toward 109.50 and maybe 108.15 may hit the maket Above 111.10 market may…
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