Orbex - Forex Trading Library

Key Notes: New Zealand Business manufacturing index 51.8 vs. 54.6 previously New Zealand retail sales q/q 2.7% vs. 1.6%; core retail sales 2.9% vs. 1.5% UK RICS house price balance 33% vs. 22% Japan preliminary machine tool…
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Dow Jones: 18085 Equity on a bigger ranging phase On the longer-term as long as market trading higher than 17,000 us dollar for the index ;then it is an buy opportunity to target $20,000. in case now rate hike by the Fed. However , on…
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GOLD 1215 Wide Range Market - breakout on the edge On the short term view ; the market is ranging widely between major levels of 1170s and 1225s ; the breakout of one of these levels would push further the market on the direction of…
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Oil (5K) 60.45 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: 119.25 Japanese Yen consolidate further - breakout soon to catch up the market movement As market has recorded a higher price over 120 yen per us dollar , the upward for the longer term view is more probable , however , the…
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GBP/USD: 1.5795 Higher volatility & Uncertainty about the new political scheme at the political structure On the short-term , market bounced clearly to the downside after testing 1.5500 level, and still stable above it, which…
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EUR/ USD Correction phase ; slopping upward 1.1418 On the short -term the market the market still ranging between 1.1000 and 1.1500 levels as awaiting a more data to decide the new mid-term direction. The market clear…
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The Kiwi Dollar find saw some relief after weeks of selling off sparked by comments from RBNZ Assistant Governor warning of rate cuts and followed up by the RBNZ's monetary policy decision a week later. Despite a weaker Greenback, the Kiwi…
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The precious metals markets has been particularly choppy for the past few weeks with price action showing that Gold and Silver futures have been trading within a broad range with no clear direction in sight, despite the broader weakness in…
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Key Notes: RBNZ Financial Stability Report released Japan bank lending y/y 2.6% vs. 2.6% previously Australia wage price index q/q 0.5% vs. 0.6% Japan economy watchers sentiment 53.6 vs. 52.1 China industrial production y/y…
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