Orbex - Forex Trading Library

Euro broke above the resistance of 1.1290 and managed to print a high around 1.1350. As we see over the chart, the market is still targeting the 1.1380 resistance zone with support at 1.1265. Below 1.1265 more of a drop could hit the…
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The release of flash PMIs from certain key economies on Thursday is likely to give some key insight into how tariffs are affecting economies. This could be particularly important for the Euro and the dollar, as there is considerable debate…
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The Dow(US30) continues choppy upturn The Dow(US30) shrugged off the latest credit downgrade to end another positive session. A move above the recent high of 42500 has put bears under pressure, and with layers of support underneath,…
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The consensus among economists is that inflation in the UK accelerated in April. But, this is not expected to shift the outlook for the BOE, because the increase is baked into the model. But, it does provide a platform to keep the pound…
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USOIL (WTI OIL) feeling the pressure USOIL (WTI OIL) fell over 1% again as geopolitical tensions continued to simmer. The price has given up some of its monthly gains, and the bearish bias could attract more selling interest. A drop…
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Gold managed to hit the target zone of 3230-60 again today. As we see over the chart and as long as the market holds below the resistance of 3230-60, another drop swing toward the 3120-50 support zone has a chance. Above 3260 more…
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The Dow managed to meet the target of 42560 with a strong chance still ongoing toward the second target of 42835. As we see over the chart and as long as the market holds Intraday trades above 42100-200, the advance could push toward the…
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USDJPY managed to drop today to hit a 144.80 low. As we see over the chart prices could head again for another advance toward the resistance zone at 148.20-60. Below 144.40-80 the market could head for a further drop towards…
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