Orbex - Forex Trading Library

GBPUSD managed to hit below 1.3370 two days ago which could push the market for a further drop. As we see over the chart prices are facing resistance around 1.3410-50. If the market holds below it, more of a drop toward 1.3250 and below is…
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The Euro moved below the 1.1550 support which could push for a further drop to test 1.1400-50 which in turn could activate another advance. Intraday resistance level is at 1.1600. Above 1.1600 more advance toward 1.1750 is…
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Crude Oil managed to break above 68.50 as prices remain inside the uptrend wave. As we see over the chart the market is facing support around 67.50-70 where as long as the market holds trades above it, the advance wave could sustain…
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Over the last few months, PMI indicators were closely followed for signs of the effects of tariffs. The survey includes two key elements that are likely to be influenced by increased import levies. Those are pricing and orders. Pricing can…
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(DAX) GER40 remains choppy The (DAX) GER40 looks to get back on track after finding some firm support. A sharp fall below 24400, following a lengthy consolidation, is a sign of selling pressure by short-term bulls. The RSI is…
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There is a massive amount of US data coming out this week, with the most proximal events that could shake up the markets being US GDP and the FOMC rate decision. There is near-unanimous agreement in the market and among economists that the…
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The Dow managed to hit the target of 45100. As we see over the Intraday chart, prices still hold above the first support at 44600, and the advance wave could sustain toward 45500 and above. Below 44600 more of a drop is…
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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…
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Crude Oil still holding our expected trading zone between support 63.70 and resistance 68.00 in the last few weeks This trading zone may sustain while bigger rebound movement toward 72.15 and above still expected Below 63.70…
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