Orbex - Forex Trading Library

EURUSD managed to hit above 1.1920 zone in signs of more advance yet to come toward 1.2020-40 as we advised early this week From that zone 1.2020-40 will expect another drop wave to hit market toward 1.1660-80 zone above 1.2070 market…
Read More

The month of August largely passed off as a non-event with most of the markets trading flat. The US dollar continued to weaken during the month as investor sentiment continued to drop. The weakness in the greenback was spurred by both…
Read More

The US Bureau of Labor Statistics released the monthly payrolls report for August. Coming off the recent private sector hiring published by the ADP, the markets were slightly disappointing. According to official data, nonfarm payrolls rose…
Read More

A few weeks ago, we thought that the geopolitical tensions have finally eased after North Korea announced its decision to delay the attack on the US Air-Base in Guam island. The US President Donald Trump thought that his threats to North…
Read More

With US Bank closed today will expect low liquidity for equity market Dow now facing support at 21830 where as long as market holding above more advance toward 22100 will be expected below 21830 more drop toward 21600-50 zone will be…
Read More

Gold managed to sustain trades above support 1300 as we advised last week, while as long as market hold trades above 1300 more advance toward 1350-55 will be expected before a drop correction may hit market again toward 1300 as we see over…
Read More

Crude Oil managed to advance above 47.20 while market facing downtrend resistance line at 47.80 As long as market holding below 47.80 another drop chance may hit market toward 46.55 or 45.60-80 zone while from there the uptrend may…
Read More

As we advised last month and as we see over previous chart for Mid-Run projection Market managed to re-test Short-Run and Mid Run support at 108.10-60 where as long as market holding above another advance wave will be expected toward…
Read More

As we advised last week and as we see over our previous chart GBPUSD managed to rebound above 1.2850 where market managed to add more advance to re-test 1.2915 as we explained on our previous report Short-Run now facing resistance…
Read More

Euro managed to retreate below 1.1910 last week which may add more drop pressure over Short-Run As long as market holding below 1.1920 more drop pressure will sustain toward 1.1820-30, while below 1.1820 more drop movement will be…
Read More