Orbex - Forex Trading Library

Oil hit a high around 64.10 last week and dropped to close in again to the support zone of 59.50-90. As we see over the chart, prices face resistance around 64.80 and support around 59.50-90 which could keep the market inside this trading…
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USDJPY met the target of 145.95 before the market hit a fast correction. As we see over the chart, prices are facing Intraday resistance around 144.45 with support around 143.40. As long as prices keep holding below 144.40, a chance for a…
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The Pound dropped as prices remained below the resistance of 1.3635-45 and printed a 1.3415 low yesterday. As we see over the Intraday chart, the market is facing the first Intraday resistance around 1.3525, where as long as the market…
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The Euro yesterday fell below 1.1365 as the second support at  1.1200 managed to push market higher again. As we see from the chart, the market is facing Intraday support around 1.1300 where as long as prices hold above it, a trading zone…
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Markets will keenly watch the different versions of purchasing managers index out of China over the weekend and early next week. The data will likely be pivotal for several commodity currencies, though could have an effect farther afield…
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XAUUSD (yellow metal) losing momentum Gold sank over $60 as the ongoing geo-political tensions meant a choppy ride for the XAUUSD (yellow metal). Prices are trying to safeguard their recent gains after a slight dip in price action…
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Markets are reacting to a surprise development in the trade war saga. A little-known Federal trade court in Manhattan issued a ruling late on Wednesday that the President doesn't have the authority to make such large tariff moves. The…
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The Dow Jones(US 30)regaining lost ground The Dow Jones(US 30) progressed as the index extended its winning streak. Price action goes from strength to strength after breaking above 42000. 41400 is the current support where buyers have…
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The Dow managed to hold above the first support of 41850 and added more advance to break above 42100 and close to the first target and resistance at 42435. First Intraday support starts from 42200 where as long as the market keeps above it…
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