Orbex - Forex Trading Library

Brent oil (UKOIL) remains optimistic With Brent oil (UKOIL) gearing up for another move higher, prices have seen over $3 added to the value over the past week. Bulls are striving to keep the latest bounce valid at 65.00 after the price…
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The S&P(SPX 500) looking for a full recovery The S&P(SPX 500) grinds higher as last week’s underwhelming ADP and NFP job numbers raised the hopes that the Fed could act sooner rather than later with a potential rate cut. The…
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Monday's data releases will be key for commodity currencies, with a particular focus on China. There has been some doubt recently that the world's second largest economy can power through the effects of tariffs. Which is crucial for…
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USDCHF finds support The US dollar continues its recovery against the franc as prices bounced away from the recent floor. Having seemingly bottomed out near the mid-0.8100 area, the pair started to recover some lost ground. 0.8150 is the…
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The labor market in the US is expected to show signs of further deterioration when Friday's May NFP are reported. But, it's still an open question of whether the data will be bad enough for the Fed to move towards cutting rates. A…
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Dow Jones (US30) heading for another peak The Dow Jones (US30) ignored the recent tariffs imposed on steel and aluminium as stocks spiked higher. The index reached the mis-42000 level before a slight pullback saw some sideways…
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The European Central Bank (ECB) is widely expected to cut rates by a quarter of a point at the end of its meeting on Thursday. The question that could move markets is what happens after that. There is a fair consensus that the July meeting…
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The Dow managed to meet the target of 42600-700 today. The index held above the support of 41850 and hit the targets 42435 and 42600-700. As we see over the chart, prices could head for another drop swing inside this trading zone as…
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Gold found support yesterday around 3325-30 which could keep the advance wave going towards the 3415 resistance. The market could create a trading zone between support 3325-30 and resistance 3415. Above 3415 more advance will be…
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