Orbex - Forex Trading Library

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…
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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…
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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…
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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…
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The week ahead will be a busy one with three central bank meetings lined up. The RBA starts off the week with its monetary policy meeting, followed by the Bank of Canada and eventually handing over the spotlight to the ECB. On the economic…
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Many traders believe that today is a big day, and it will actually give them some clues about September Federal Reserve decision on whether to raise the interest rate again or not, depending on the upcoming Jobs Report, which will be…
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The rate of change or ROC is a technical indicator that is classified as a momentum indicator. The ROC is similar in its behavior as an oscillator and falls in the same category of indicators such as the RSI or the Stochastics oscillator.…
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Let's start with the Euro today and then, you might want to read about Italy’s possible innovation, which can be the next big thing in Europe and the world. Earlier this week, the Euro shocked the banks around the world, rising well above…
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In May, Canada's GDP report showed that the economy expanded 0.6% on a month over month basis. This marked a seventh consecutive month of increase in economic activity. On a year over year basis, Canada's GDP expanded 2.6% during the first…
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The main question everyone asks nowadays is why are crude oil prices falling? Many traders are asking the same question over and over again, and so far, there is no logical answer for such question. If you are reading this article and you…
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