Orbex - Forex Trading Library

The EURUSD currency pair has posted one of the strong recovery rallies in just a few weeks, taking the currency pair from being one of the weakest to the strongest. Price action extended gains all the way from 1.0870 through 1.1250 before…
Read More

Yesterday, Crude Oil prices advanced and closed the day higher, posting the highest level since the beginning of this month. The rally, of course, is supported by a lot of remarks by many of oil producers (OPEC and Non-OPEC) regarding the…
Read More

Dow managed to sustain advance where market now facing the only support for the all time high record around 21170 as long as market holding below this zone another drop correction wave may hit market toward 20795 above 21170 market…
Read More

as we advosed early this week Gold still holding trades above support 1245 where as long as market holding above this zone more advance will be expected toward 1275-80 zone which in turn may push market for some drop correction below…
Read More

as we advised yesterday on our previous chart, USDJPY managed to head to test 112.05-40 zone which will consider the resistance zone for the coming short-run market managed to head for some drop correction from that…
Read More

as we see ovre our previous chart Crude Oil managed to sustain advance as we advised since the last week , while market approaching from target 52.50 as we see over the chart, market may head from that resistance zone 52.50-60 for…
Read More

as we advised yesterday and as we see over our previous chart Intraday levels showing first support level for EURUSD around 1.1160 zone, where as long as market holding above this zone more advance still on hand toward target 1.1290…
Read More

as we see over our previous chart, GBPUSD still holding trades inside uptrend channel where a trading zone may control the market between support 1.2915 and resistance 1.3100-10 market may sustain this trading zone for the coming…
Read More

FOMC Meeting Minutes – What you should know The US Federal Reserve released the meeting minutes from the May 2nd – 3rd monetary policy meeting where interest rates were left unchanged Fed officials were rather mixed but the…
Read More

Despite the recent developments in Europe, especially in the UK, Manchester attack, and raising the level of security in the UK, markets have been trading with low volume. Moreover, the European session today was quiet amid a lack of…
Read More