Orbex - Forex Trading Library

Daily Forex Market Preview, 27/11/2017 The euro currency managed to post strong gains on Friday with the U.S. dollar identified as weakening. The rally in the common currency saw the 1.1900 handle being reclaimed once again. The decline…
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FX Week Ahead 27.11.17 Economic data next week will be focusing on the U.S. inflation figures amid a rather slow week. Traders will also focus on the confirmation hearing for the proposed Fed Chair, Jerome Powell. His nomination is…
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XAUUSD intra-day analysis XAUUSD (1291.57): Gold prices have managed to maintain their gains above the 1285 resistance level that was breached earlier. However, price can be seen struggling to push higher. Current price action in gold…
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USDJPY intra-day analysis USDJPY (111.48): The strong declines in the Japanese yen stalled after price action closed with a doji candlestick pattern on the daily chart. This indicates a near term correction in price. However, there is…
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The euro extended it’s gains yesterday as economic data was upbeat, including the regional data from Germany. The U.S. and Japan markets were closed but the currency managed to push higher amid lower trading volumes. The broad flash PMI…
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Last week’s economic data for the UK was a mixed bag. While inflation remained broadly flat compared to the previous month, wage data indicated worrying signs as employment numbers fell. This comes amid a SME survey result indicating…
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Dow managed hold trades above support 23250 where managed to hit first target 23620 before heading for some drop correction Intraday showing support at 23460 where as long as market holding above a trading zone between 23460 and 23640…
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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 last Friday to test 1296-98 resistance zone where market showing another drop wave Market…
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As we advised last week Crude oil managed to sustain advance toward 56.80 and 57.80 targets Market still holding uptrend wave that may lead for more advance toward 59.60 and maybe 60.40 As long as market holding above support 56.60-90…
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USDJPY managed to break below 111.90 yesterday where market sustain drop toward 111.50 and below Short-run showing resistance at 112.00 zone where as long as market holding below another drop wave will be expected toward 110.50 and maybe…
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