Orbex - Forex Trading Library

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 1220s ; the breakout of one of these levels would push further the market on the direction of…
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Oil (5K) 58.99 Short-term Correction ; buying pressure still exist ! On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually until it has penetrated the key resistance 56.50, and the price…
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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: 1.5470 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, to achieve some temporary bearish…
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EUR/ USD Correction phase ; slopping upward 1.1145 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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. Surrounded by the PBOC and the RBA, the New Zeeland’s Central Bank may have no choice but to keep up with neighbors' monetary policy decisions.
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The British Pound which opened the weak on an uncertain note due to the UK elections saw a surprise rebound as the UK voters gave the Conservatives Party, led by David Cameron a thumping majority squashing all speculation of a hung…
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AUDUSD (0.79): The Australian Dollar was mostly range bound this week against the Greenback, trading within last week's range of 0.8075 and 0.7812. Economic data this week for the Aussie included the RBA monetary policy statement which saw…
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Dow Jones: 17914 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 1184 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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