Orbex - Forex Trading Library

USD/JPY: 119.50 Japanese Yen on uptrend wave - Buy in Dip Market now on the testing phase on the symmetrical triangle on the daily chart as shown . The market after retested the previous high of 121s levels back again to re-test the…
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GBP/USD: 1.4905 Pound would be traded in a bigger range market ( Wide and in rectangular shape ) As shown on the chart , market has successfully broke the declining channel , but , did not succeed to continue the up breakout and…
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The US dollar is clearly still digesting the last Wednesday Fed’s meeting. Atlanta Federal Reserve President, Dennis Lockhart, came to the aid of the central bank on Friday when he declared that he expects the U.S. central bank to raise…
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A dovish FOMC and confused markets was what last week could be summed up as. While the FOMC meeting saw a selloff in the Greenback, markets recovered back to pre-FOMC levels on Thursday only to selloff on Friday. Adding to the pressure was…
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An unusually large number of scheduled speeches from the FOMC members this week are likely to keep the Dollar volatility alive as the markets try to understand the FOMC's stand on the interest rate hike. From its recently concluded FOMC…
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For novice traders, spending some time and money participating in a quality forex trading educational program before they move from a forex demo account to a funded trading account makes a lot of sense. Such a training program can really…
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RBA Minutes neutral but rate cuts still an option The RBA published its meeting minutes for the recently concluded March monetary policy. The minutes revealed that the RBA would be monitoring the various indicators such as unemployment,…
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Dow Jones: 18037 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.…
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GOLD 1165 Drop pressure back to affect Gold Market is expected to be trading between 1273 and 1148 levels ; which is a trading range condition. The move for yesterday nigh was so fast and we explained the reasons on the previous…
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Oil (5K) 45.26 Oil To continue its down trend after breaking its previous trading range Market has corrected to 47s levels yesterday , but has been sold of once it touched the downtrend as shown on the chart ; the more downward…
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