Orbex - Forex Trading Library

Key Notes: Australia employment change -2.9k vs. 4.0k; unemployment rate 6.2% vs. 6.2% Germany factory orders m/m 0.9% vs. 1.5%; y/y 1.9% vs. 1.9% France industrial production m/m -0.3% vs. 0.1%; y/y 1.3% vs. 1.1% France…
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Dow Jones: 17702 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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Oil (5K) 60.93 Short-term Correction ; 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 ( now considered as a pivotal support ), and…
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USD/JPY: 119.13 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: 1.5216 Correction Phase ; Today higher volatility expected to occur by the election cycle 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 1.1331 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. Now the market has reached the upper band of…
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The US Dollar Index continues to remain weak and to date has posted close to 16 straight sessions of declines with minor corrections in between. A continuing trend that we notice since the past few weeks has been a strong selloff in the US…
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The commodity risk currencies, namely the Australian and Kiwi dollars, in recent weeks have taken on sharply diverse paths. While the Aussie remained resilient and continues to push higher, the Kiwi Dollar remains very subdued and…
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Dow Jones: 17910 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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