Orbex - Forex Trading Library

FTSE 100 (UK100) stuck sideways The FTSE 100 (UK100) looks for direction as prices, along with the RSI, remain in a lengthy consolidation. The bounce off April’s low showed solid interest in keeping the bullish bias intact and…
Read More

Dow managed to hold trades below resistance 42560 where managed to met target 42000 and closing from second target and support 41600 As long as market keep holding trades above 41600 support another advance may hit the market where…
Read More

As we see over the Intraday chart, Gold managed to test the edge of support zone 3103-20 while managed to rebound toward 3154 so far As we see over the chart and as long as market holding trades above support 3103-20 a farther rebound…
Read More

Crude Oil managed to met targets 61.50 and resistance 63.50 while managed to hit some drop correction movement and closing again from support zone 59.50-90 As we see over the chart and as long as market keep holding trades above support…
Read More

USDJPY managed to hit some drop correction where managed today to close from support 145.40 As we see over the chart market may head again for another advance from 145.40 support while target and resistance zone laying at 148.20-60…
Read More

GBPUSD managed to add more rebound correction while managed to test downtrend resistance line around 1.3360yesterday As long as market keep holding trades below this resistance 1.3360 another drop movement will be expected to test…
Read More

As we advised early this week and as we see over our previous chart Euro managed to print 1.1065 low last Monday while managed to rebound toward resistance zone 1.1265 As we see over the chart, Market keep trades inside this trading…
Read More

Japan's central bank has been cautiously trying to raise rates for over a year now. With the economy staying in the green, it had room to do so. But, now that the consensus of economists points to the first negative GDP reading since the…
Read More

The Dax (GER40) cruising higher The Dax (GER40) continues the climb with upbeat trade deals that have boosted global indices. A tentative break below 23000 caused some profit-taking but was not enough to spook most buyers. A follow-up…
Read More

The EURUSD has revered to a downward trend over the last week, mostly as a result of dollar strength. But on the European side, there doesn't seem to be much that could help arrest the fall. That is, if the dollar continues to gain. The…
Read More