Orbex - Forex Trading Library

Japan all industry activity falls on weaker construction and industrial output RBNZ releases economic report suggesting further easing was required Australia NAB business confidence falls in Q2 UK retail sales falls to a…
Read More

As we see over our previous chart, we advised yesterday that Pound still have room for more advance toward 1.3260-80 zone before downtrend pressure back to affect mrket as long as market holding below 1.3315 the downtrend pressure will…
Read More

Market managed to signal small rebound correction as market hit above 1.1025 as we show in our view yesterday market awaiting ECB press conference today where economist saying Mr. Mario Draghi may head to signal more stimulus at press…
Read More

Summary: ECB expected to sit on its hands at today’s meeting with no changes expected to key rates ECB likely to wait and assess the impact of Brexit before making any changes to monetary policy ECB could address the issue of…
Read More

The New Zealand dollar fell sharply this morning, down 0.70% at one point after the RBNZ released its economic update. In the report, the central bank said "At this stage it seems likely that further policy easing will be required to ensure…
Read More

The IMF cut its global growth forecasts for 2016 by 0.1 percent points to 3.10% Germany Producer Prices Index falls less than expected UK unemployment rate falls to 2005 lows at 4.90% in May Today’s Economic events…
Read More

As we advised before, market managed to broke above 18360 which provide more advance toward target 18500 while still have room for 18620 (done today) market support at 18400 where as long as market holding above the uptrend rally will…
Read More

Market managed today to close again toward support 1320 which may give chance to head toward support zone 1305-10 today or tomorrow from that zone 1305-10 will expect another rebound movement toward 1360 below 1300 expect…
Read More

Market managed to head toward our first support zone 44.40-60 as we advised before today will set range for the new contract CL-6U which open with gap of 0.90$ from the old contract as long as the new contract holding trades…
Read More

As we advised before, market still holding trades below resistance zone 106.80-107.25 where as long as market holding below this zone another drop toward 103.40-60 will be expected above 107.25 expect farther advance toward 108.50 zone…
Read More