Orbex - Forex Trading Library

The BOJ is widely expected to keep rates unchanged when it finishes its meeting on Thursday. Usually, the focus is on what Governor Kazuo Ueda has to say in the post-rate decision press conference. That is an opportunity to provide some…
Read More

The DAX(GER40) hitting a higher high The DAX(GER40) continues higher as sentiment remains upbeat across the European markets. A move above 22000 indicates an acceleration to the upside. Following a brief consolidation, bulls are now…
Read More

The Euro is set to be rocked this week with two major data releases that typically shake up the markets. Both US and EU GDP figures are coming out on the same day, which could lead to some market readjustment for the EURUSD. Euro Area flash…
Read More

FTSE (UK100) tests key resistance The FTSE (UK100) continues its sideways movement after failing to close above 8500. On the chart, after hitting a bottom at 8380, the rebound is lifting the index back towards its previous peak. A…
Read More

Gold dropped after the market opened today as mixed signals still affecting the market. As we see from the Intraday chart, the market still faces a continued trading zone between support 3260-70 and resistance 3330-35. Above 3335,…
Read More

The Dow still holds trades below the resistance of 40915 which keeps the chance for another drop wave toward the 37500-800 zone. Above 40915 more advance toward 41400 and 42500 could hit the market. SUPPORT RESISTANCE…
Read More

Crude Oil hit a high around 64.80 last week as prices still hold below 65.10. As we see on the Intraday chart, the market faces a chance for a  trading zone between support 61.50 and resistance 65.10. Prices printed a low around 61.72…
Read More

Read More