Orbex - Forex Trading Library

While the U.S. economic calendar last week was relatively light, the Federal Reserve members spoke at length over the week which stood out. Many members have maintained the view that the markets can expect another two rate hikes from the…
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The US Dollar Index began the week higher again and broke above its 100 barrier, leading to another push higher all the way to 100.60’s earlier this morning. Such more would ease the chances for our head and shoulder pattern to continue.…
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Consumer prices in the eurozone which were seen making a lot of noise in the first few months of the year were seen pulling back after consumer prices touched 2% in February. Data released by Eurostat last week showed that consumer price…
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Are you in harmony with the markets? You’re an old hand when it comes to spotting familiar chart patterns like the Flag, Pennant or Head & Shoulders. Perhaps you’ve even heard of harmonic trading and are enticed by its promise of…
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as we advised last week and as we see over our previous chart Dow now facing a possible trading zone between 20580 and 20780 below 20580 the downtrend wave may retrive for farther drop toward target 20290 above 20780 more advance…
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as we advised last week and as we see over our previous chart Gold managed to head last week to test support 1240 where we advised before that as long as market holding above this zone more advance still available at market below 1240…
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we still hold our previous outlook for WTI Crude Crude oil managed to head for rebound correction as market maintain trading above 47.00 zone maket now facing resistance zone at 50.70-51.20 where as long as market holding below…
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Dollar/Yen fell below support 111.40-50 wbich may lead for farther drop to test 110.70-80 support zone as long as market holding below resistance 111.60-80 more drop toward 110.70-80 is expected above 111.80 market will face 112.20…
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British pound managed to head for rebound correction toward 1.2540-60 zone as we advised last week market now facing some drop pressure while market still facing support zone at 1.2420-50 as long as market holding above this zone more…
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Euro managed to hold trades below first resistance 1.0705 where downtrend pressure still active for the Intraday levels as long as market holding below 1.0705 more drop toward 1.0580-1.0600 zone is expected above 1.0705 more advance…
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