Orbex - Forex Trading Library

Forex price action, as one might have guessed now is a rather broad term and is, in fact, an umbrella term with various approaches involved to trading with forex price action. In this article, we will outline a few forex price action…
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Looking over yesterday's trend, we can see that the AUD/USD pair traded modestly around the 0.6871 handle, having a hard time retracing the dip to 0.6865 due to the data release. According to latest data, China's economy in the 4th quarter…
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Precious metals are trading mixed this week but are relatively stronger compared to their peers. Gold prices on a week to date basis has gained 0.20% while Silver has moved 0.71% higher. Overall, the precious metals are well supported this…
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Today’s Economic events China Real GDP y/y 6.80% vs. 6.90% China Industrial production y/y 5.90% vs. 6.10% China retail sales y/y 11.10% vs. 11.30% Germany CPI m/m -0.10% vs. -0.10%; y/y 0.30% vs. 0.30% Swiss PPI m/m…
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Dow Jones 16140 Market managed to hit our 1000 pips target zone at 15800-900 last week while this drop movement still consider as drop correction so far market facing resistance at 16180 and 16285 where as long as market holding…
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Gold 1085 Market managed to rebound from 1070 last week where managed to test 1095-96 zone twice last week so far short-run showing support zone at 1080-83 zone where market managed to test today, while as long as market continue…
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Oil 6H - New contract 31.00 Oil prices faces new drop pressure As Iran emerges from a decade of international sanctions. short-run showing resistance at 31.75 where as long as market holding below this level the downtrend may…
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USD/JPY 118.00 market still showing ability for trading zone between 116.20 - 119.20 while first resistance lay at 118.40 as long as market holding below the 119.20 the short-run downtrend pressure may sustain for more drop toward…
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GBP/USD 1.4270 Market managed to head toward our target 1.4250 while as advised before being in the oversold zone around 1.4200 levels so far market showing short run downtrend pressure as long as market holding trades below 1.4360…
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EUR/USD 1.0866 Market managed to advance last Friday while retreated from resistance 1.0990 before applying daily close above 1.0900 level so far market showing this trading zone which took place and time more than anticipated…
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