Orbex - Forex Trading Library

Today’s Economic events Japan current account 1.65 trillion vs. 1.60 trillion BoJ Bank lending 2.10% vs. 2.0% Australia ANZ job advertising m/m -0.80% vs. 0.40% previously China trade balance 343bn vs. 313bn China-US…
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Market Context: The US dollar got off to a weak start last week managed to gain some bullish momentum after Friday's job report. The dollar index was seen heading higher mid-week and gathered the momentum with the Bank of England's policy…
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Market back to advance after tested support level 18250 where managed today to hit above 18550 zone market now facing support zone at 18400-50 where as long as Dow holding above this zone more advance may be expected toward 18750 level…
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Gold managed to head for drop correction as we advised last Friday, while managed to break below 1346 and tested our second target support 1328-30 as long as market holding above 1328 a rebound correction may hit market toward 1340-45…
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We advised last Friday that above 42.20 market may activate bigger rebound correction toward 44.40 while market will face another resistance at 43.50 market now facing support at (41.05-50) zone where as long as holding above expect…
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As we see over our previous chart, we advised the above 102.00 market may add more rebound where second resistance at 102.85 zone market managed to break above 102.00 after US labor market data last Friday which may drive more advance…
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British Pound managed to hold downtrend wave as market sustain trades below resistance (1.3200) as we advised last week market now showing resistance at (1.3105) where as long as market holding below more drop is expected toward (1.2900)…
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As we advised last friday, that any break below 1.1110 may set new drop pressure toward 1.0940-70 zone market now facing resistance level at 1.1115 where as long as market holding below this zone the downtrend wave will sustain toward…
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The US dollar managed to recover last week with most of the gains being attributed to last Friday's payrolls report which managed to revive the dollar bulls. Still, the Japanese yen was the strongest currency last week, gaining 0.52%…
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The markets opened to a new trading month this week with Monday seeing global manufacturing PMI's as traders kept an eye on the RBA and Bank of England monetary policy decisions. In China, manufacturing and services PMI was mixed as the…
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