Orbex - Forex Trading Library

Oil (CL_5U) New Contract 50.30 Longer consolidation phase, but no major changes on the fundamentals of that market After recording the lowest level of the year (45/44 levels) because of a material increase at supply side with a…
Read More

USDJPY 123.80 Bullish Scenario still valid for the pair After penetrating the bullish consolidation pattern; the market would still bullish unless the market is traded below 121.80/120.50. Market has rebounded after recording the…
Read More

GBPUSD 1.5330 Recovering from the bottom with accelerated counter-trend move The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to follow…
Read More

EURUSD 1.0920 Higher Volatility with higher uncertainty On short-Term the market is ranging between the levels of 1.08 and 1.13, any penetration of the market of one of those levels would push the market further on the breakout…
Read More

The EUR/USD has missed keeping up the pace with the session start thresholds, extending Euro’s loss 4th time in a row with today’s session closing. Although the evolution we saw today, analysts all agree that this downtrend doesn’t mean…
Read More

Dow Jones (DJI_5U) 17990 A rising channel … As shown on the chart the market is at the lower boundary of the rectangle patter ( the blue levels ) , and on the lower levels for the bigger rising channel at 17600/17500 levels , which…
Read More

Gold (XAUUSD) 1106 Gold penetrate !! A market hit the cheapest price for the yellow metal for the first time since March 2010. The market broke a declining symmetrical triangle, 1225 and 1162 represent the expected trading range for…
Read More

Oil (CL_5U) New Contract 50.05 Longer consolidation phase, but no major changes on the fundamentals of that market After recording the lowest level of the year (45/44 levels) because of a material increase at supply side with a…
Read More

USDJPY 124.30 Bullish Scenario still valid for the pair After penetrating the bullish consolidation pattern; the market would still bullish unless the market is traded below 121.80/120.50. Market has rebounded after recording the…
Read More

GBPUSD 1.5530 Recovering from the bottom with accelerated counter-trend move The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to…
Read More