Orbex - Forex Trading Library

GBP/USD: 1.4881 Correction Phase ; in rectangle pattern On the short-term ; rallied strongly to the upside to breach 1.5000 level but the market return to breaking 1.4800 level will stop the positive expectations temporarily, to…
Read More

EUR/ USD Correction Phase ; Downside Breakout 1.0685 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 rise…
Read More

Key Notes: RBA meeting minutes released Germany ZEW economic sentiment 53.3 vs. 55.6 Eurozone ZEW economic sentiment 64.8 vs. 63.7 Later: Canada Wholesale sales Canada budget release With no major events scheduled during…
Read More

The markets instantly reacted to the speech and the above comments with the Australian Dollar falling sharply across the board.
Read More

The Forex daily summary for 20 April features New Zealand CPI, Germany PPI, UK Rightmove HPI and Japan Tertiary industry activity m/m.
Read More

Dow Jones: 17880 Equity on a bigger consolidation pattern - with upward slope 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…
Read More

GOLD 1199 Wide Range Market - Consolidation Pattern On the short term , the market still ranging between wide levels 1185/1225 - we are still neutral until we get clearer signal for the next trend, through breaking 1181.00 support…
Read More

Oil (5K) 55.70 Short-term Correction ; further higher prices is expected On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually to approach the key resistance 56, Therefore, our bullish…
Read More

USD/JPY: 119.03 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: 1.4927 Correction Phase ; in rectangle pattern On the short-term ; rallied strongly to the upside to breach 1.5000 level and close the last four hours’ candlestick above it, which supports the continuation of the bullish…
Read More