Orbex - Forex Trading Library

How does one apply the concept of currency correlation correctly and is there any actual benefit to using currency correlation?
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Dow Jones: 17934 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 1194 Wide Range Market - breakout on the edge On the short term view ; the market is ranging widely between major levels of 1170s and 1220s ; the breakout of one of these levels would push further the market on the direction of…
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Oil (5K) 60.19 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: 119.95 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: 1.5680 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 1.1252 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 penetration for the…
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The British Pound continued its bullish momentum after data released by the Office for National Statistics (ONS) showed that manufacturing production for the month of April saw activity increase 0.4%, above estimates of 0.3%. There was more…
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Key Notes: Australia NAB business confidence 3 vs. 3 previously Eurogroup meetings BoE Bank rate, interest rates unchanged at 0.5% Later: US Labor market conditions index China cuts interest rates over the weekend…
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Dow Jones: 18123 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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