Orbex - Forex Trading Library

USD/JPY 120.65 dollar/yen jump after Kuroda cut the rate on excess reserves held by financial institutions at the BOJ to minus 0.1 percent. as we see over the chart market facing resistance at 121.60-70 zone , while the downtrend…
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GBP/USD 1.4310 As we see over the chart market still trading inside rising wedge formation despite the false break of today, while support at 1.4280-90 and resistance at 1.4415 zone market may keep trade inside this formation while…
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EUR/USD 1.0915 Euro armed with reverse Head & Shoulder formation as we see over the chart, market showing a reverse head & shoulder formation which if managed to control market will lead for another test to 1.0990…
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On Wednesday, the Federal Reserve announced that the federal funds target range will remain unchanged between 0.25% and 0.5% after a two-day policy meeting, offering also an overview regarding March's meeting agenda. While the decision was…
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Bank of Japan surprised the markets today by introducing negative interest rate policy. The Central Bank is expected to change interest for excess reserves for financial institutions which park their funds at the BoJ. A rate of -0.10% will…
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Today’s Economic events Australia Export prices q/q -5.40% vs. -3.90%; import prices q/q -0.30% vs. -0.80% Spain retail sales y/y 3.20% vs. 4.20% previously UK Q4 GDP preliminary 0.50% vs. 0.50%; y/y 1.90% vs. 1.90% UK Index of…
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Dow Jones 15910 Dow still holding uptrend line as we see over the chart where market still trying to hold advance to test 16250 zone market facing support channel at 15800-20 zone , while any break below 15770 may add more drop…
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Gold 1118 as we see over the chart, Gold still moving in side with our expectation while managed to hit our resistance channel around 1128 so far short-run showing support sustain at 1109 where as long as market holding above this…
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Oil 6H - 32.60 As we see over the chart, market may hold short-run trading inside potential rising wedge formation short run resistance at 32.80-90 while support at 30.60-80 zone above 32.90 market may have chance to sustain…
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USD/JPY 118.90 market still showing ability to sustain trading zone between 116.20 - 119.20 as we advised last week intraday signals showing first support at 117.65 where as long as market holding above this zone the uptrend will…
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