Orbex - Forex Trading Library

Mini Dow-Jones 17175 Market managed last week to break below rising wedge formation while holding above support 16745 prevent the confirmation of such break market may hold trading inside this tight zone as market moving closer…
Read More

Gold 1256 As we see over the chart, market still holding trades inside uptrend channel where market facing support zone at 1240-45 as long as market holding above 1237 will expect another bull wave toward 1285-90 zone below 1237…
Read More

Oil 6J - New Contract 37.65 Market managed to hold advance after testing 36.10-30 support zone , while market retreated after testing 39.00 zone as long as market holding above 36.10 will expect continues uptrend movement toward…
Read More

USD/JPY 113.65 Market managed to rebound almost from 112.15 support level while market still facing resistance at 114.25-55 zone which fail to break above last week as long as market holding below 114.25-55 zone will expect farther…
Read More

GBP/USD 1.4355 Market managed to sustain advance as expected last week where managed to hit our target 1.4380-1.4405 zone market managed to hit above this zone in signals for ability to sustain advance toward second target 1.4540…
Read More

EUR/USD 1.1120 Market managed to hit 1.1217 high last week after ECB Mario Draghi signaled no farther interest rate to come which spur demand for Euro. so far market still have chance to re-test 1.1240-80 zone as long as market…
Read More

At Orbex, we publish a video analysis on the US Dollar Index every week, accounting for both the technical and the fundamental events shaping the Forex markets. Do you know what the US Dollar Index is and more importantly how can the US…
Read More

Last week saw the Australian dollar post strong gains, rising 1.74%. The gains came about as the AUDUSD closed a second week with strong gains. Overall, the Aussie is up nearly 10% since the start of 2016 trading near the 0.755 handle. The…
Read More

"Too early, too dark, and too cold to get out of bed? There was a reason you set that alarm in the first place. So sit up, put your feet on the floor, and don’t look back because we’ve got work to do." Watch the most recent #TradeFit…
Read More

It was a week of Central Bank decisions with the Bank of Canada, RBNZ and the ECB being the main events of the week which saw two rate cuts and a neutral stance. The Bank of Canada decided to leave interest rates unchanged in this month's…
Read More