Orbex - Forex Trading Library

XAUUSD 1123.5 XAUUSD has broken the pattern and the down trend which means we will see an upside move till the level of 1172(This is the higher probable scenario last week , however , now as long as market is trading at 1120s levels…
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Oil (CL_5X) 45.10 A descending triangle, theoretically, this triangle should be broken downward because of increasing selling pressure, however, there is no SHOULD word to be said in the market. Awaiting a confirmation evidence for…
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USDJPY 120.30 Nothing to be said in the range market, technically, we are awaiting a successful breakout for the shown symmetrical triangle. So, 121 & 119.20 we will consider it the upper band and lower band for the that range…
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GBPUSD 1.5180 GBP-USD, has rebounded significantly from the major support of 1.5150s, with an increasing buying pressure, so, with this new development the most probable scenario is a short up trend toward 1.5320s. However, if the…
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EURUSD 1.1205 EUR – USD is trading with a major confusion, ranging between 1.11s & 1.12s. So, any penetration of one of these levels we will consider the new direction for the short-term. As shown on the chart the neutral…
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EURUSD (1.120): EURUSD formed a doji candlestick pattern yesterday indicating the previous session's bullish engulfing candle was probably losing strength and momentum. Today's bearish close is likely to confirm the bears coming back into…
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Monday came with the release of the new personal spending data in the US. Figures show higher than expected values for Augusts' personal spending, and also a reduction in the income's growth pace. The personal income rose last month with…
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Gold futures have been particularly rough over this week despite a promising rally late last week. Gold gave up all of its gains and is down -1.73% for the week. On a broader perspective, there is a scope for a Gold rally above 1122/1125…
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Equities fall on commodity prices. Risk aversion is back Today’s Economic Data: German import prices m/m -1.5% vs. -1.4% Spain flash CPI y/y -0.9% vs. -0.6% German flash CPI m/m -0.2% vs. -0.1%; CPI y/y 0.0% vs. 0.1% UK M4…
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DOW .. (DJ_5z) 15970s Dow Jones still trading in high volatility range, and as we see from yesterday chart and today chart , the market in a bearish era .We do expect the levels of 15,500s as the Mid-Term Target ( Higher probable…
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