Orbex - Forex Trading Library

Crude Oil held below the resistance at 66.30-60 which managed to push prices for a further drop toward 65.00 so far to close in on the first support of 64.85. Intraday first resistances are at 65.50 and 66.30-60. If prices hold…
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USDJPY managed to break above the 147.70 resistance to add more advance and hit above the second resistance of 148.65. As we see over the chart and  as long as the market keeps hold above the second support of 147.50-70, then the…
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GBPUSD dropped to hit the target of 1.3400 and fell further. As we see over the chart, the market is starting to show chances for a rebound starting from 1.3425, while as long as prices keep holding above 1.3370 the advance wave…
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The Euro managed to fall below the support of 1.1650 yesterday on US Inflation figures. As we see over the chart, the second support is around 1.1535-50 which in turn could keep the advance wave ongoing. Below 1.1535 more of a…
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Gold prices have largely trended sideways since the end of April. Not only that, but volatility has also shrunk, with the yellow metal trading in an increasingly narrow range. It's a dramatic change from the over 30% rise in the first four…
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(DAX) GER 40 finding bullish trend The (DAX) GER 40 weakened as the recent tariff war imposed on the EU shook the index. A break below 24500 dented the market mood in the near term. However, with prices now moving into a bullish…
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The consensus among economists is that inflation in the UK during June will be well above the BOE's target. However, recent comments from Governor Andrew Bailey have put the emphasis on the labour market. With many other major central banks…
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The Dow still shows some pressure towards the 43870 support which in turn could activate an advance. Above 44870 more advance will be expected with resistance around 45100. Below 43870 the market could drop toward 43100…
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Gold hit the target of 3375-80 yesterday. As we see over the Intraday chart, prices face resistance around 3375-80 where as long as prices hold below it, another drop toward 3305-15 will be expected. Above 3385 more advance will…
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