Orbex - Forex Trading Library

As we advised last Friday and as we see over our previous chart market managed to head for rebound correction after better than expected Inflation data for the U.S. as traders noticed profit taking last week so far market facing…
Read More

The week ahead is slow with only a few major events lined up. The Reserve Bank of Australia and the U.S. Federal Reserve will be releasing the meeting minutes during this week which will provide further clues on the upcoming policy…
Read More

The US Dollar advanced further during at the beginning of the week but failed to hold on Thursday and Friday, despite the fact that most of the economic releases were positive. This fact strengthens the idea of the Federal Reserve rate hike…
Read More

Dow managed to add more advance where managed to test 20620 resistance zone with few pips above So far market showing support levels at 20315 and 20135 where as long as market holding above one of those supports the uptrend wave will…
Read More

we still holding our model for Short-Run over Gold as long as market holding below 1245 another drop wave to re-test 1170-80 zone is expected above 1245 more advance toward 1260 and 1280-90 will be expected…
Read More

we still holding our previous short-run outlook as we see over our previous report Short-run showing uptrend wave where support zone at 48.80-49.20 As long as market holding above this zone another uptrend wave may hit the market…
Read More

Market shift again toward downtrend movement as market failed to break above downtrend line 114.95 as we see over the chart Market fell below 113.60 which triggered farther drop toward 112.50-80 as we advised before Market now facing…
Read More

As we see over the chart, market managed to re-test downtrend line around 1.2525 before downtrend pressure back to affect market As long as market holding below 1.2525 the downtrend wave may sustain toward target 1.2250-70 Above…
Read More

market managed to head for rebound correction after better than expected Inflation data for the U.S. as traders noticed profit taking so far market facing resistance at 1.0700-10 zone where as long as market holding below another drop…
Read More

The steady decline in natural gas futures prices since late January coincides with the seasonal pattern in the natural gas futures prices. However, this time around, prices are likely to post a higher low, which could indicate a potential…
Read More