Orbex - Forex Trading Library

The (FTSE) UK100 continues chopping grind The (FTSE) UK100, along with most global equities, found relief in sustained signs of trade deals. The index remains heightened after the brief sell-off came to a rest near the recent low of…
Read More

(Nasdaq)NAS 100 another day, another record The (Nasdaq)NAS 100 is the gift that keeps on giving as the tech-heavy index enjoys another bull run thanks to stocks such as Microsoft and Meta. The strength in chip stocks is pushing…
Read More

Markets were on an upswing this week, after the EU-US trade deal and strong earnings from US tech firms. But there was some trepidation as Friday is August 1st, when the 90-day moratorium on the "Liberation Day" tariffs would run out. And,…
Read More

(USOIL)WTI takes a breather (USOIL)WTI looks to shake off the recent pullback after dipping below 70.00. A close above the previous swing high of 70.50 could open the door to a broader recovery in the medium-term by forcing sellers to…
Read More

The flash reading of July CPI for the Eurozone will come out on Friday, as the ECB sets off on a new course of action. The EURUSD has been declining this week, but that has been chiefly attributable to events in the US. The question is…
Read More

(US 30) Dow tests daily support The (US 30) Dow holds steady as the market digests the recent Fed announcement. The recent spikes in price action suggest the index is testing the previous swing low at 44600, a significant level to keep…
Read More

The Dow managed to hit the target of 44600. The market faces support around 44400-50 which could push for another rebound toward 44900-50. Below 44400 more of a drop will be expected with supports around 44200 and 43870. …
Read More

Gold managed to meet the target of 3331-38 while breaking below it to hit the second target of 3310. As we see over the chart the market is facing resistance around 3335-45, where as long as prices hold below it, more of a drop will be…
Read More

USDJPY managed to hold above the support of 145.70 which pushed for a rebound towards 147.20-90. As we see over the chart prices face support around 147.50 which could keep the advance wave ongoing toward 149.20 and 152.00. Below 147.50…
Read More