Orbex - Forex Trading Library

EURUSD (1.066): The sharp declines since the past couple of weeks saw the EURUSD break the longer term support near 1.10 - 1.0977 region followed by a lower support break at 1.0812. The median line currently points to a continued decline as…
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Eurozone CPI rises 1.1% beating estimates of 1.0% Japan Preliminary GDP q/q -0.20% vs. -0.10%; GDP annualized -0.80% vs. -0.20% Japan preliminary GDP Price index y/y 2.00% vs. 1.70% Australia new motor vehicle sales m/m -3.60%…
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Inflation numbers across the US, UK, Eurozone and Canada form the main theme for this week with the question being whether the Central banks in question will ignore the current deflationary pressures as being a temporary weakness and…
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DOW .. (DJ_5z) 17220 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 below 17000 market…
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XAUUSD 1092 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 40.22 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 122.95 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 1.0725 Market managed to fell below 1.0700 again while short-run still seeing ability for another rebound toward 1.0780-1.0805 zone as market holding trades above 1.0675 a rebound correction will be expected, below 1.0675…
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The end of last week found the EUR/USD major lingering in the 1.0780 area, due to latest German data release. There was no significant recoil in the trend after the publication of Germany's GDP (Gross Domestic Product) figures, which falls…
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