Orbex - Forex Trading Library

GBP/USD: 1.5410 Correction Phase ; with accumulating buying pressure On the short-term , market break resistance levels which is considered a pivotal level on the mid-term (1.5200) and still stable above it, which forms good…
Read More

EUR/ USD Correction Phase ; a bigger range market 1.1206 On the short -term the market the market still ranging between 1.05 and 1.12 levels as awaiting a more data to decide the new mid-term direction. Now the market has…
Read More

Key Notes: UK Nationwide HPI m/m 1% vs. 0.2%; y/y 5.2% vs. 4.1% Spain retail sales y/y 3.7% vs. 3.6% UK CBI reported sales 12 vs. 25 German CPI m/m -0.1% vs. -0.1%; y/y 0.4% vs. 0.4% Canada IPPI m/m 0.3% vs. -0.1% US…
Read More

Dow Jones: 17912 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 1202 Wide Range Market - breakout on the edge On the Short-term ; the market has penetrated the short-term support area which is 1188 ; however , this breakout could not be trusted unless market would be traded below 1178.As we…
Read More

Oil (5K) 56.75 Short-term Correction ; Range Market on the upper range - Bearish signals are generated On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually to approach the key…
Read More

USD/JPY: 119.23 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: 1.5360 Correction Phase ; with accumulating buying pressure On the short-term , market break resistance levels which is considered a pivotal level on the mid-term (1.5200) and still stable above it, which forms good…
Read More

EUR/ USD Correction Phase ; a bigger range market 1.0990 On the short -term the market the market still ranging between 1.05 and 1.12 levels as awaiting a more data to decide the new mid-term direction. Note that the expected…
Read More

US dollar is experiencing a difficult period after the macroeconomic reports last week, which strengthened the hypothesis of a slowing US economy. Read more
Read More