Orbex - Forex Trading Library

Dow Jones: 17975 Equity on a bigger consolidation pattern 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.…
Read More

GOLD 1187 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 on of these levels would push further the market on the direction of…
Read More

Oil (5K) 59.45 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…
Read More

USD/JPY: 120.38 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…
Read More

GBP/USD: 1.5120 Correction Phase ; temporary bearish correction On the short-term , market bounced clearly to the downside after testing 1.5500 level, to achieve some temporary bearish correction, market break resistance levels…
Read More

EUR/ USD Correction phase 1.1105 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…
Read More

The Reserve Bank of Australia, in its policy setting meeting today decided to cut interest rates by 2%. Today's policy decision see's the RBA cut rates by 25bps from 2.25% previously, bringing the overnight cash rate to 2%. In its…
Read More

Key Notes: Australia MI inflation gauge m/m 0.3% vs. 0.4% previously New Zealand ANZ commodity prices m/m -7.4% vs. 4.6% previously Australia building approvals m/m 2.8% vs. -1.7% Australia ANZ job advertisements m/m 2.3% vs.…
Read More

Dow Jones: 17987 Equity on a bigger consolidation pattern 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.…
Read More

GOLD 1183 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 on of these levels would push further the market on the direction of…
Read More