Orbex - Forex Trading Library

Oil (5K) 59.35 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 )…
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USD/JPY: 120.20 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: 1.5130 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…
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EUR/ USD Correction phase 1.1139 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 RBA meets on Tuesday, the 5th of May 2015 for its policy setting meeting. In all likelihood, this policy meeting could turn out to be a very close call once again. The consensus has been inclined towards a rate cut at this meeting, a…
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All eyes are on the report of the Australian interest rate level, expecting a cut to 2%. Read more fundamentals and Australian dollar analysis
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The US Dollar saw a roller coaster ride last week as with most of the currency pairs. However, towards the end of the week, the Greenback managed to regain some of its lost ground, while the previously gaining currencies such as the Aussie…
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The currency markets were very volatile this week with the US Dollar paving the way for a correction. The weakness in the Greenback saw most of its peers rally across the board after what seems like ages after a bearish trend. It is still…
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How a trade journal can help you improve trading performance and some tools that can help you to stay on the right path towards your success in forex.
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The five habits that every aspiring trader who wants to become successful in their forex trading should follow.
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