Orbex - Forex Trading Library

The Canadian dollar is at it again The strongest currency among the top 10-traded currencies last year and again the strongest since the start of the 2nd half of 2017. Last week’s rate hike to 1.00% was the 2nd of the year, which reverses…
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Statistics say that hardly 2% of traders actually make the cut. The remainders of the 98% are merely a flash in the pan. Some traders give up at the first taste of failure; others continue to spend money in hopes of finding the 'Holy Grail'…
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I have been monitoring the GBPUSD pair for quite some time now. It seems like the level it is sitting on right now is a major resistance level from the beginning of August. Today, we have seen quite a bullish day so far. The price is…
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Dow managed to sustain advance toward target 22100 as we advised before Market now facing resistance zone at 22100 which if managed to stop the market another drop correction toward 21780 will be expected Above 22100 zone more advance…
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As we advised last week and as we see over our previous chart Gold failed to obtain daily close above 1355 which may activate farther drop correction Market managed to hit below support at 1326 where more drop toward 1300-05 will be…
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As we advised yesterday and as we see over our previous chart Crude Oil managed to head for drop correction from 49.50 resistance zone as we advised last week As long as market holding above support 46.40-80 another advance wave…
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USDJPY managed to jump above 108.60 which activated more advance wave which may target 110.30-60 zone as we advised before From that resistance zpne 110.30-60 will expect another drop wave inside this trading zone toward 108.20 …
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British Pound managed to jump toward resistance 1.3280 on better than expected Inflation data which spur expectation for another rate hike this year As we advised before and once market broke above 1.3270 the market may enter new uptrend…
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As we advised last week and as we see over our previous chart EURUSD managed to hit above 1.2070 in signs of more advance yet to come As long as market holding trades above support 1.1930 more advance yet to come toward 1.2230…
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The Canadian dollar strengthened for fourth consecutive week against the US dollar, rising over 2% by Friday's close. USDCAD fell to a two-year low on Friday as price tested lows of 1.2061. Further gains can be expected from the USDCAD as…
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