Orbex - Forex Trading Library

Daily Forex Market Preview, 08/01/2018 The U.S. dollar index settled at 91.74 on Friday, after price action was seen consolidating above the 91.50 handle over the past four daily sessions. On Friday, the December nonfarm payrolls data…
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USDJPY intra-day analysis USDJPY (113.21): USDJPY extended gains for three consecutive days, with Friday's session briefly rallying to highs of 113.30 before the dollar eased back to settle at 113.08. Price action remains trading within…
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NZDUSD intra-day analysis NZDUSD (0.7155): The New Zealand dollar managed to complete its rally to the target area of 0.7160. Price action is showing some signs of exhaustion to the rally at this level. This is seen by the lower highs…
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Dow managed to hit target 25170 while market sustain advance and closing from second target 25500 as we advised last week and as we see over our previous chart Market showing first support at 25200-40 where as long as market…
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As we advised last week and as we see over our previous chart Gold managed to break above 1299 where market may set new uptrend wave that may target 1330-50 zone Market now facing main support at 1288 where as long as market holding…
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As we advised last week and as we see over our previous chart Crude Oil managed to sustain advance toward target 62.00 as we advised since last week Market now facing resistance level at 62.60 where as long as market holding below…
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As we see over our previous chart and as we advised 2 weeks ago USDJPY managed to hold trades below resistance 113.75 where market managed gto activate drop wave that may continue toward target 111.40-70 …
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British Pound failed to add more advance above 1.3585 which may be sign of more drop yet to come Market showing support levels at 1.3460 and 1.3400 where as long as market holding above one of those supports another advance wave may hit…
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Euro managed to continue drop toward 1.2000 support level as we advised last week while managed today to print below this support Intraday levels showing support at 1.1940-60 zone which in turn may provide another rebound correction…
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Economic data for the week ahead slips one notch lower, as data will primarily be focusing on the U.S. consumer price index data that is due to come out on Friday. The retail sales figures are also expected later during the same day.…
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