Orbex - Forex Trading Library

Crude Oil managed to hit a  fast correction and as result of easing tensions in the Middle East. As we see over the chart, and as long as the market holds above 63.70, a chance for a rebound toward 68.00 is likely. The market managed…
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USDJPY managed to rebound above 143.40-90 and printed a 145.22 high last week while target is still toward 145.70-90. Intraday levels show supports around 143.65 and 142.65 with resistance at 145.70-90. Below 142.65 more of a drop…
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GBPUSD hit a drop towards 1.3560 while more of a drop still expected to 1.3400. As we see over the chart the market resistance is at 1.3785 with support at 1.3370 which could create a trading zone. Above 1.3785 more advance toward…
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The Euro met the second target of 1.1690 and above. As we see over chart, the market is still on an uptrend wave which is still looking for the third target at 1.2000. The market is still holding above the support of 1.1650-60.…
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There is a solid consensus that the RBA will agree to cut rates by 25 basis points at the end of its meeting on Tuesday. However, there are still some economists who disagree, and some have provided relatively strong comments about what is…
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(NAS 100) hits another high The Nasdaq (NAS 100) closed at another record as investors see a path to clarity for the Fed. On the chart, the price is reaching 23000 as bullish momentum continues to attract buyers. However, a bearish RSI…
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Crude prices gained this week despite broad expectations that OPEC+ will implement another production increase when it meets over the weekend. There has been some positive economic news regarding demand. This was also offset by a surprise…
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SPX (S&P 500) extending gains The (S&P 500) extended gains after a progressive job report from the NFP and a decent unemployment reading. The US economy defied expectations after exceeding forecasts as America woke up from its…
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(US30) hits another peak The Dow (US30) remained bullish as price action hit another higher high. Since a confirmation break past 44,000, a slight increase in value followed by stiff consolidation has led to a top at 44,600. A move past…
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Aside from some variations around geopolitical events, the price of gold seems to have plateaued a bit since late April. It's still up almost 30% since the start of the year, as a weaker dollar combines with investor interest in safe…
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