Orbex - Forex Trading Library

DJI_5U 16450 A rising channel has been broken! Apple announcement did not make investor more optimistic about the US stock market; the price still within the expected range. This week will be the major week for all markets to see…
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XAUUSD 1106 Still confirming our breakout Market is going to lower levels as it is trading below 1125s, at the levels of 1180s/1190s the market would face a major support levels, which will be the real test of the market sentiment.…
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CL_5V 48.71 No major change since last week ! Still we see the market playing in our noticeable symmetrical triangle, with no major change, where you think the breakout out direction would be? For me still I think the selling…
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USDJPY 120.24 A symmetrical triangle on the 4H chart Is market has reversed its recent downward breakout or it is just retrace the move? More probably it is a matter of retracement and consolidation, to be in the safe side of…
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GBPUSD 1.5417 A test for the breached level! As shown on the chart the sterling (which its current Queen became the longest ruler for the United Kingdom!) The market has increased on its demand on that currency which pushed the rate…
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EURUSD 1.1315 Within the bigger channel The market today is trading higher than 1.13s levels which is considered as the pivotal level between the coming day’s directions (the direction up To touch the higher band of the channel @…
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Markets trading mixed on a quiet start to an important week Today's Economic Data: Japan revised industrial production m/m -0.8% vs. -0.6% Japan tertiary industry activity m/m 0.2% vs. 0.2% Switzerland PPI m/m -0.7% vs. -0.4%…
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Latest results show that the US wholesale prices, which are gauged through the PPI (Producer Price Index), are not different in August than in July even though fuel prices followed the trend of the crude and dropped significantly. The PPI…
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The Aussie closed the week with strong gains of over 2.6% closed followed by the Euro and the British Pound each of which closed with 1.73% and 1.72% respectively. The US Dollar was trading soft for most of last week with lack of any major…
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AUDUSD (0.70): The Aussie dollar is poised to close the week on positive gains led by a better than expected jobs report and a decline in the unemployment rate. The AUDUSD briefly tested the highs above 0.70 before consolidating. Home loans…
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