Orbex - Forex Trading Library

Wednesday’s Federal Reserve announcement on interest rates (2 pm New York, 7 pm London, 11 pm Dubai) is widely expected to produce a 25-bp rate hike in the Fed funds rate range to 1.25-1.50%. Traders will look out for these two crucial…
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Dow managed to sustain trades above 24300 where market still have chance to continue advance toward 24700 target zone As long as market holding above 24300 the uptrend wave will sustain Below 24300 market may restore the old drop…
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As we last week and as we see over our previous chart Gold managed to break below 1260 last week which may trigger a new downtrend wave over the comming short-run toward 1215-25 zone As long as market holding below 1265-70 the…
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As we advised last week and as we see over our previous chart Crude Oil managed to head for another advance before re-testing 54.80-55.00 support zone Market may head for a trading zone within the comming short-run between 54.80 and…
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As we advised last week and as we see over our previous chart USDJPY managed to break above 113.20-30 resistance zone which may activate farther advance toward 114.40 zone As long as market holding above 113.00 more advance toward…
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GBPUSD managed to hit below 1.3320 last hour which may be the sign of break throw As long as market holding below 1.3360-80 resistance zone more drop will be expected toward 1.3220-30 zone Above 1.3435 market may head again to re-test…
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As we advised early this week, EURUSD still face downtrend pressure below 1.1815-25 resistance zone As long as market holding below 1.1815-25 another drop wave to test 1.1710 is expected which in turn may provide another rebound…
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NZDUSD intra-day analysis NZDUSD (0.6925): The NZDUSD currency pair closed bullish yesterday as price action is looking to maintain the bullish momentum. Following the consolidation off the triangle pattern formed near the bottom, NZDUSD…
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USDJPY intra-day analysis USDJPY (113.50): The USDJPY attempted to post further gains but with price action closing with a doji candlestick pattern on the daily chart, we expect the rally to stall in the short term. The downside bias is…
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Daily Forex Market Preview, 12/12/2017 The U.S. dollar was seen consolidating on Monday ahead of the two-day FOMC meeting that starts today. The lack of economic data kept the greenback in check as investors await tomorrow’s FOMC rate…
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