Orbex - Forex Trading Library

The downtrend in the metals market has seen a sharp slump in prices across the board. Gold prices have declined sharply by -9.06% since the interim top formed on the 19th of October at 1177.94. At the time of writing, Gold is trading near a…
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On Monday we found out that the Eurozone’s CPI (Consumer Price Index) ticked higher in October, surprising markets for the better. Eurostat’s release puts the 19-nations block’s inflation at 0.1% for the month that has just passed, up from…
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The Single currency's decline in the past week is evidence of a major pricing in factor ahead of the December ECB meeting. The single currency declined nearly -5.62% against the British Pound while losing -6.27% to the US Dollar over the…
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US Consumer inflation remains steady RBA releases meeting minutes UK CPI m/m 0.1% vs. 0.1%; CPI y/y -0.1% vs. -0.1% UK Core CPI y/y 1.1% vs. 1.0% UK PPI Input m/m 0.2% vs. 0.2%; PPI output m/m 0.0% vs. -0.1% UK RPI m/m 0.0%…
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DOW .. (DJ_5z) 17515 Market managed to sustain drop on Market open where managed to test our target zone 17100 as market holding trades above 17000 will expect another rebound correction toward 17600-800 zone market managed to…
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XAUUSD 1080 market managed to sustain drop as expected toward target zone 1082-92 after U.S employment data 2 weeks ago we also advised that this zone may be consider as long(buy) zone for the short-run trading as long as market…
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Oil (CL_5Z) 41.35 Market managed to hit low 40.07 where closing to support zone 39.60-40.00 zone as long as market holding trades above 37.75 a rebound correction chance will sustain at market where targets would be toward 57.00…
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USDJPY 123.25 Med-Run channel still controlling market as USDJPY managed to break 121.65-95 resistance zone Market managed to hit our first target 123.50 while second target still toward 124.40 zone of 121.60-122.30 will…
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GBPUSD 1.5200 Market managed to sustain advance where managed to test 1.5200-50 resistance zone as long as market sustain trades below 1.5265 the downtrend pressure will sustain with first target toward 1.5110 and 1.5080 above…
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EUR USD 1.0665 market managed to sustain drop to hit below 1.0675 where market now facing trading zone between 1.0600 - 1.0780 market awaiting today U.S Inflation data which may control the market market first resistance at…
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