Orbex - Forex Trading Library

GBPUSD held trades inside our expected trading zone so far and tested 1.3435 and fell toward 1.3260 so far. The trading zone between the support 1.3200-20 and resistance 1.3435 could control the market. Above 1.3435 more advance…
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The Euro managed last week to test the edge of our support zone of 1.1245-65 and rebounded toward 1.1380. As long as the market holds above this support zone at 1.1245-65, the advance wave could sustain for a further advance. Below…
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There is considerable investor interest in the release of China's trade balance on Friday. It will cover the period right after the Trump Administration ratcheted up tariffs to as high as 245% on some products. Of course trade has already…
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Yellow metal (XAUUSD) finds support Gold inches higher as the ongoing global tensions heightened as traders supported the yellow metal (XAUUSD). The price continues to push for another fresh high, but it will need to break 3440 to…
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The markets are pricing in a 107% chance that the BOE will ease at the next meeting, as a sign of just how dovish expectations are for Thursday's meeting. That means that as far as traders are concerned, the 25 bps cut is a done deal, and…
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UK 100 (FTSE) bulls remain in the market The UK100 (FTSE) maintained its winning streak as it broke the 8500 level. The rally has put the index on track to test this year's high. A continuation could signal a move to a new all-time high…
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The Dow managed to break above the resistance of 41100-200 last Friday. As we see over the chart, prices are facing Intraday supports around 40850 and 40600-50, where as long as the market holds above one of those supports, the…
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Gold broke above 3280 last week and managed to meet the targets of 3320 and 3350. Gold began this week with an advance toward the resistance zone 3380-88. As we see over the chart, the market is facing a chance for another drop…
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