Orbex - Forex Trading Library

EURUSD (1.138): EURUSD has seen multiple rejections near resistance zone of 1.148 and 1.144 region. Price action currently is shaping into a triangle pattern which indicates a potential breakout in the near term. The bias remains to the…
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EURUSD Daily Pivots R3 1.1442 R2 1.1410 R1 1.1368 Pivot 1.1337 S1 1.1295 S2 1.1263 S3 1.1221   EURUSD (1.13): EURUSD closed below the short term support at 1.1348 yesterday and marks…
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China’s Q3 GDP beats estimates, rising 6.9% UK Rightmove HPI m/m 0.6% vs. 0.9% previously China Q3 GDP 6.9% vs. 6.8% China industrial production y/y 5.7% vs. 6.0% China retail sales y/y 10.9% vs. 10.8% Later FOMC…
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The Asian session has come with an increase in the NZD/USD major, as demand peaks after the New Zeeland CPI (Consumer Price Index) release. The qoq (quarter on quarter) CPI came out at 0.3%, with an expected value lower at 0.2% and a…
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The currency markets were mixed last week as the Kiwi emerged at the top gaining 1.67% for the week while the Australian dollar made up the tail end, losing -0.93% for the week. The US Dollar remained muted as most of the currencies…
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AUDUSD (0.72): The Australian dollar touched a new 7-week high this week; as prices were trading above 0.735 before the currency gave back some of its gains. The Australian dollar is enjoying a strong rally after the unemployment data…
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DOW .. (DJ_5z) 17100s Dow Jones still trading in high volatility range, the market in a reversal to upward mode .We do expect now the levels of 17350 . However, the new mid-term uptrend would be expected and the market’s target…
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XAUUSD 1179 Market has broken the mid-term down trend at the levels of 1120s , as long as the market trading higher than these levels then on the short-term the higher probability move would be upward with increasing buying pressure…
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Oil (CL_5X) 47 Failure descending triangle. However, the market confirmed for breakout of that pattern and break 49 level and now on the pullback scenario to re-test the broken pattern. Now oil price continues its bullish rally, and…
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USDJPY 118.97 A downward breakout to the major support at 118s , as expected . that was the result of weak dollar and penetration of the pattern as we highlighted on our charts . So what to come next ? we would see a pull back to…
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