Orbex - Forex Trading Library

Summary: German Ifo business climate hits the highest level since 1991 Businesses optimistic on economic outlook ECB minutes show members differ on announcing QE end date Eurozone flash manufacturing and services PMI rise…
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What has happened to all of the prophetic statements about the British pound falling below $1.15/$1.10 and remaining there? After crashing last year to $1.1840, a 31-year low (some prices suggest $1.1500), it is now up by 12%. The pound…
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Dow managed to break above 23640 yesterday where managed to add more advance toward taget 23750 and 23880 as we advised few weeks ago Dow still holding strong after Fed Chair Designate Powell Speech yesterday Dow also managed to…
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We still holding the same Model for Gold for the last few weeks As we see over our previous chart and as we advised before Gold managed 2 weeks ago to test 1296-98 resistance zone where market headed to another drop wave toward…
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Crude Oil start to show signs of ability for another drop correction wave before market restore uptrend wave Intraday Levels showing support at 56.80 where as long as market holding above the uptrend may sustain While below 56.80 a…
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One of the possible scenario for USDJPY is to maintain trading zone between 111.00 and 112.00 for the Intraday levels Market may hold this trading zone as we see over the chart while as long as market holding below 112.05 more drop…
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As we advised yesterday, GBPUSD managed to fell below 1.3280 where managed to re-test 1.3230 before maret advance fast after the U.K. cleared a major Brexit hurdle. Market managed to hit target 1.3415 while Intraday showing…
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Euro failed to maintain trades above support 1.1860 where managed yesterday to print below this support As we advised yesterday, that below 1.1860 another drop wave may hit the market toward 1.1710-30 zone Market now showing…
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XAUUSD intra-day analysis XAUUSD (1296.03): Gold prices have managed to maintain the upwards momentum despite some flat price action. Currently trading near the 1295 - 1296 level, gold prices are expected to see further gains, pushing…
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USDJPY intra-day analysis USDJPY (111.46): The USDJPY looks to have stalled in its declines above the 110.70 support level. However, the downwards bias remains as we expect to see a firm test of support at this level. On the 4-hour…
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