Orbex - Forex Trading Library

USDJPY 120.05 The price fail to broke symmetrical Triangle. however, we will see again the market is trading in the range between 118-121, waiting for successful breakout . in case market return to break 121.25 again next target at…
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GBPUSD 1.5192 Sterling One more time a sell-off generated after the previous re-test of the broken channel , however now all the market players are keeping an eye on 1.51s . This level if market below it then 1.49 the target on…
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EURUSD 1.1165 Eur / USD as shown on the chart, the pivotal level would be 1.11s on the short-term (Even Intra-day); so the higher probability scenario to be on the downward move * which means the breakout the mentioned levels is the…
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Janet Yellen, Fed’s Chairman, stated on Friday that most probably a rate hike will occur this year, though the timing will be given by the economic outlook. Other details given by her at the Philip Gamble Memorial Lecture held by the…
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The US Dollar closed the week with the strongest gains across the board. The strength in the Greenback was largely on account of hawkish Fedspeak from various FOMC members who took the stage last week repeatedly reiterating the US Fed hike…
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DJ_5z 16343 Dow Jones is highly expected to be in trading range (Highly Volatile move is there and would continue) for the coming sessions. However, if this bull back penetrated the levels of 16,600s then the new mid-term uptrend would…
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Xauusd 1144 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) . However, if the market fall below 1125 then a target at 1104, is the…
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Oil CL_5X 45.33 For oil we can expected the coming move as long as the market within the shown triangle (Symmetrical Triangle). The major upper resistance at 47s and the lower band 44s. So, be neutral till we get more information and…
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USDJPY 120.96 The symmetrical Triangle has been broken and more upside move is expected and a coming target at 121.70, under a condition that breakout was successful no fail move to come (fail= a bear candle to enter the shown…
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