Orbex - Forex Trading Library

The week ahead will see the continuation of the central bank decisions with the focus turning to the RBA and the RBNZ. Both the central banks are expected to remain on the sidelines, however, as no rate hikes are expected this week.…
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The tax reform bill, unveiled Thursday by US Republican House Representatives may not be the piece of news long anticipated by currency traders favouring the US dollar. The bill imposes a one-time 12% tax on US companies’ accumulated…
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As we advised yesterday and as we see over our previous chart the uptrend wave still ongoing Dow managed to hit above resistance 23480 before heading for some drop correction As long as market holding above support trend 23250-300 the…
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We still holding our previous model for Gold As we advised last week and as we see over our previous chart Gold managed to sustain drop toward target 1260-65 As long as market holding above 1260 another advance wave may hit…
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As we advised few days ago and as we see over our previous chart Crude Oil managed to hit target 55.00-20 as we advised before Market now having chance for some drop correction as long as market holding trades below 55.20 where a…
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As we advised yesterday and as we see over our previous chart USDJPY managed to jump above 113.75 where managed to test 114.10-25 zone yesterday From this zone 114.10-25 will expect market to construct another drop wave that may…
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GBPUSD managed to head for fast drop wave after BOE rate hike yesterday while market add more drop below target 1.3100 zone Short-Run support 1.3030-50 still holding in market where as long as market holding above 1.3030 another advance…
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EURUSD managed to test yesterday resistance 1.1675 with try to break above before market retreat fast Short-Run resistance zone still at 1.1720-30 where as long as market holding below this level the downtrend wave will sustain toward…
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Summary: US economy expected to add 300k on average jobs in October The hawkish forecasts come after September’s data that showed a decline of 33k Average hourly earnings expected to pull back from 0.5% increase (m/m)…
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Dow managed to hit above resistance 23480 before heading for some drop correction As long as market holding above support trend 23250-300 the market may sustain uptrend wave toward target 23620 and 23750 Below 23250 market risk for…
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