Orbex - Forex Trading Library

GOLD 1188 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) 58.65 Short-term Correction ; buying pressure still exist ! On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually and still above key resistance 56.50, and the price continues…
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USD/JPY: 123.87 Yen Breakout ! 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 opens the way towards the continuation…
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GBP/USD: 1.5250 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, and any break for 1.5400 level will…
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EUR/ USD Continuation of the Down Trend 1.0970 On the short -term the market with downside scenario and ranging between 1.1200 and 1.0800 levels. The market it was ended last week’s trading with strong negativity and confirm…
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As is the case with any profession, a person interested in taking a professional approach to the business of forex trading needs to know how to use the tools of their trade. This means understanding their application and practicing using…
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Although the situation is tensed, it seems that the euro does not want to perceive anything else but the positive rumors from the Greek-European negotiations. Every EURUSD correction of the downtrend is made by hungry traders and the rising…
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Gold futures have been consolidating within a larger price range of around 1230 through 1185 for the past couple of weeks indicating a possible break out from this range. On the weekly chart time frame, Gold futures have been trading near…
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Forex news events trading offers one of the most lucrative opportunities to trade the currency markets with minimal holding times while giving room for some big moves in the markets that a trader can capitalize on. Forex news trading is not…
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Euro recovers as Pound Sterling weakens on unchanged GDP estimates Key Notes: Japan retail sales y/y 5% vs. 5.3% Australia private capex q/q -4.4% vs. -2.3% Switzerland trade balance 2.86bn vs. 2.77bn German import prices…
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