Orbex - Forex Trading Library

Daily Forex Market Preview, 06/12/2017 The U.S. dollar was seen strengthening for a second day fueled by the optimism from the tax cuts. The dollar maintained gains despite the ISM's non-manufacturing PMI coming out weaker than expected.…
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MiFID II has been the latest buzzword recently among the institutional trading circles. With some major changes expected to be implemented come January 3rd 2018, the retail Forex trading sector is also likely to be affected by the changes.…
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UK PM Theresa failed to reach an agreement with the EU regarding the first phase of the Brexit negotiations as a result of a last-minute disagreement over the Irish border. Northern Ireland’s Democratic Unionist Party, upon which PM Theresa…
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Dow managed to head for fast drop correction last Friday where managed to test support 23930 which in turn managed to push market for another advance wave toward 24500 Market facing Intraday support level at 24265 where as long as market…
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Gold still holding our trading zone between 1260-65 support and 1298 resistance as we advised in the last few weeks Market facing main support uptrend at 1260-65 where as long as market holding above another rebound movement toward…
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Crude Oil still holding trades above support 56.80 where uptrend wave still have a chance to sustain toward 59.60 as we advised last week from another hand any break below 56.80 may set more drop correction movement to re-test support…
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As we see over the chart , USDJPY facing Intraday resistance at 113.20-30 where as long as market holding below another drop wave toward 111.50 will be expected Above 113.30 more advance toward 114.30-40 zone is expected Below 110.85…
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GBPUSD managed almost to hit target 1.3560 last week Short-Run showing a trading zone between 1.3220-40 support and 1.3620-60 resistance Intraday showing that as long as market holding trades above support 1.3320-40 another advance…
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Euro managed to hold a trading zone between 1.1800 and 1.1940-60 zone As we see over the chart, EURUSD facing first Intraday resistance at 1.1880 where as long as market holding below the downtrend pressure will sustain toward 1.1715-30…
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XAUUSD intra-day analysis XAUUSD (1275.40): Gold prices continue to remain flat with price action showing strong consolidation near the 1274 level of support. Failure to establish a clear trend suggests that the sideways price action…
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