Orbex - Forex Trading Library

UK Unemployment rate drops to 5.3%. Average earnings rises 3.0% Australia Westpac Consumer Confidence m/m 3.9% vs. 4.2% previously China Industrial production y/y 5.6% vs. 5.8% China retail sales y/y 11.0% vs. 10.9% UK Average…
Read More

DOW .. (DJ_5z) 17740 Dow managed to full fit our targets toward 17800-900 zone short-run still in confused mode between continue the uptrend room toward 17900-18075 zone or heading for drop correction toward 17420-50 zone…
Read More

XAUUSD 1090 market managed to sustain drop as expected toward target zone 1082-92 after U.S employment data last Friday we also advised that this zone may be consider as long(buy) zone for the short-run trading as long as market…
Read More

Oil (CL_5Z) 43.80 market sustain trading in trade zone while market have more than scenario to ably as long as market holding trades above 42.60 another rebound to test 48.85 will be available while below 42.60 market may…
Read More

USDJPY 123.05 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 first support at 122.70 where…
Read More

GBPUSD 1.5165 Market managed to obtain rebound correction toward 1.5135 while more advanced occur last night where market trying to test 1.5200-50 resistance zone as long as market sustain trades below 1.5250 the downtrend pressure…
Read More

EUR USD 1.0740 Market went for rebound correction after yesterday break below 1.0705, while market still facing 1.0790 resistance zone as market holding trades below 1.0790 the downtrend pressure will sustain over short-run where…
Read More

The beginning of the week brings a bearish tone for the AUD/USD, the Chinese news during the weekend (emphasized on the commodity sector’s evolution and the global economic environment) pushing down the major FX pair. According to the…
Read More

The US Dollar Index has gained steadily over the past three weeks. On average, the Dollar Index notched up gains of nearly 4.72% from the lows at 94.68 during the week of 19th September to forming an interim top at 99.15 on the week of 2nd…
Read More

China inflation remains low. Producer Price index falls for the 44th straight month Japan Current Account 0.78Tn vs. 1.50Tn Japan Bank lending y/y 2.5% s. 2.6% previously UK BRC Retail sales monitor y/y -0.2% vs. 2.6% previously…
Read More