Orbex - Forex Trading Library

GBP/USD 1.4335 As we see over the chart market is building rising wedge formation where support at 1.4230 and resistance at 1.4370-90 zone market may keep trade inside this formation while any break above 1.4390 will add more…
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EUR/USD 1.0905 Euro armed with reverse Head & Shoulder formation while first resistance at 1.0940-50 as we see over the chart, market showing a reverse head & shoulder formation which if managed to control market will lead…
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The January FOMC meeting sent a message to the markets that the Federal Reserve was closely monitoring the global economic developments. Leaving the base rates unchanged in the 0.25% - 0.50% band with a unanimous vote, the Fed's statement…
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Credits: Image via Keoki Seu / Flickr Today’s Economic events Australia MI leading index m/m -0.30% vs. -0.30% previously Australia CPI q/q 0.40% vs. 0.30%; trimmed mean CPI 0.60% vs. 0.50% Swiss UBS Consumption indicator 1.62…
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Dow Jones 16000 as we see over the chart, short-run managed to jump above triangle formation where support lay at 15900 as long as market holding trades above 15900 another advance will be expected to test 16250 zone below…
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Gold 1117 as we see over the chart, Gold still moving in side with our expectation while managed to hit our first target 1106 so far short-run showing support sustain at 1109 where as long as market holding above this support the…
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Oil 6H - 30.30 Oil prices faces new drop pressure As Iran emerges from a decade of international sanctions while Saudi Aramco Says It's Sustaining Investments in energy projects. short run still showing downtrend pressure to…
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USD/JPY 118.30 market still showing ability to sustain trading zone between 116.20 - 119.20 as we advised last week as long as market holding below the 119.20 the short-run downtrend pressure may sustain for another visit to 115.60…
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GBP/USD 1.4310 As we see over the chart market managed to jump above downtrend line where managed to re-test resistance 1.4360-70 again as long as market holding trades above 1.4270 will expect market to sustain strength to break…
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EUR/USD 1.0875 Euro armed with reverse Head & Shoulder formation ahead of FOMC statement as we see over the chart, market showing a reverse head & shoulder formation which if managed to control market will lead for another…
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