Orbex - Forex Trading Library

EUR/USD 1.0955 Market managed to hit above 1.1000 levels last week after US labor market data while as we see over the chart, market still holding trades below resistance levels of the uptrend channel that market broke below last…
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Towards the end of last week, the yellow metal went up to 13-moths highs due to the increased expectation of a slow in Fed’s monetary policy pace, which is based on the stagnation of hourly wages last month. The trading range was broad on…
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Image via ECB/ Flickr. ECB Council Meeting December 2015 The ECB meeting due this week on March 10th is likely to be the big event overshadowing other market events over the week. As pressure builds for the ECB to act, in light of recent…
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Image via RBNZ Museum The US Dollar closed the week as the weakest currency as a strong risk-on sentiment saw the AUD and the NZD close the week with gains of 4.31% and 2.81% respectively. The gains came on a broadly positive data from…
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The markets opened into a new trading month with the week starting off with various PMI numbers. Manufacturing remained a concern across the board with the US ISM manufacturing still remaining below the 50 index level which denotes…
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On Wednesday, the sterling went further down as pressure rose due to the latest UK data release. According to officials, the UK Construction PMI (Purchasing Managers' Index) came in at 54.2 for the month of February and for the January's…
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Following a steady uptrend since touching the lows below 95.5, the US Dollar Index has posted a reversal near the resistance level of 98.50 - 98.0 over the past two days. The rally from 95.5 has seen little to no pullbacks which open the…
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Today’s Economic events Australia AIG services index 51.8 vs. 48.4 previously New Zealand ANZ Commodity prices m/m 0.40% vs. -2.30% previously Australia trade balance -2.94bn vs. -3.22bn China Caixin services PMI 51.2 vs. 52.6…
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Mini Dow-Jones 16875 نجح السوق بالعودة لاعادة اختبار مستويات 900-16880 فيما لا يزال السوق يحافظ على تداولاته تحت منطقة المقاومه تلك طالما السوق مستمر بالتداول تحت مستويات المقاومه هذه فاننا سنتوقع هبوط تصحيحي اخر باتجاه مستويات…
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Gold 1242 لا يزال السوق يحافظ على تداولاته داخل منظومة المثلث السعري التداولي كما نرى على الرسم البياني طالما السوق مستمر بالتداول تحت مستويات 1250 فان مزيد من التداول ضمن منظومة المثلث السعري قد تكون متاحه فيما لا تزال توجهات…
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