Orbex - Forex Trading Library

US dollar shaky as markets start to consolidate ahead of the Jobs report tomorrow Key Notes: Australia retail sales m/m 0% vs. 0.3% France unemployment rate 10.3% UK Halifax house price index 3m/y 8.6% vs. 8.5% Greece…
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Dow Jones: 18000 Continuation the uptrend ; with lower liquidity On the longer-term as long as market trading higher than 17,000 $ dollar for the index ;then it is an buy opportunity to target $20,000. . However , on the chart we can…
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GOLD 1184 Wide Range Market - breakout on the edge On the short term view ; the market is ranging widely between major levels of 1170s and 1228s ; the breakout of one of these levels would push further the market on the direction of…
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Oil (5N) 59.80 Short-term Correction ; buying pressure still exist - All eyes on OPEC meeting On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually and still trading between 58 support…
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USD/JPY: 124.10 Yen Breakout ! can not ignore the buying pressure ... Market has penetrated the resistance level of 121.50 and the consolidation pattern as well , and succeeded to confirm breaching the previously recorded top, which…
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GBP/USD: 1.5430 Higher volatility; more downside pressure On the short-term , market bounced clearly to the downside and break support and settled below the bullish channel’s support at 1.5500. while the negative effect still…
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EUR/ USD Short-term Correction ; buying pressure 1.1360 On the short -term the market with correction buying pressure scenario and ranging between 1.1000 and 1.1500 levels. The market Still trading above 1.1050 level after…
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Despite a few economic indicators showing some pickup in the US economy, the US Dollar has failed to capitalize on the positive data. The recent slump in the Greenback was triggered earlier this week on account of a weaker PCE data which…
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The US Dollar Index seems to have given way to the sellers as the Doji candlestick we noted in last week's analysis saw price failing to push higher. Instead, price closed back below the 96.90 support/resistance level, marked by a strong…
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The outlook for the euro became better yesterday as official sources claimed that Greece's creditors drafted the broad lines of an agreement which is due to be discussed today in a meeting between Alexis Tsipras and the European Commission…
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