Orbex - Forex Trading Library

Key Forex Afternoon Notes: UK BRC retail sales monitor y/y 0.2% vs. 0.2% previously Australia NAB business confidence 0 vs. 3 previously China CPI y/y 1.4% vs. 1%; PPI y/y -4.8% vs. -4.3% Japan Prelim machinery tools orders y/y…
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Dow Jones: 17896 Equity on trading zone 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. short-run Market on short-term is in a correction…
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GOLD 1158 Drop pressure back to affect Gold Market back to dump haven on Europe-Greek agreement while Russia-germany-france meeting over Ukrainian crises helped to dump haven more while market faced more drop pressure on Ukraine…
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Oil (5J) 49.63 Oil in a bigger trading range Market managed to add more drop pressure after the International Energy Agency predicting the lowest demand growth since 2009 Market still holding drop pressure over WTI where Global…
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USD/JPY: 121.89 Japanese Yen on uptrend wave Short-Run Market managed after U.S labor market data last week to add more advance . Market still facing resistance at 122.50 zone , where as long as market holding trades below…
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GBP/USD: 1.5035 Pound to be effected by the higher demand on US dollars Market managed to hold downtrend pressure after U.S labor market data last week , where managed today to print 1.5028 low market still facing support level…
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Inflation data from China released earlier today showed inflation in the month of February rise to 1.4% beating estimates of a slower increase to 1%. Overall, February's inflation was stronger compared to the previous month's dip to 0.8%.…
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Dow Jones: 17840 Equity on trading zone Market managed last week to enter our targeted zone 18250-300 which will consider as take profit zone for the long-buy positions market still facing resistance zone at 18250-320 zone , where…
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GOLD 1175 Drop pressure back to affect Gold market back to dump haven on Europe-Greek agreement while Russia-germany-france meeting over Ukrainian crises helped to dump haven more while market faced more drop pressure on Ukraine…
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Oil (5J) 49.80...... Oil tumble after OPEC decision with no supply cut Oil prices sustain drop after OPEC meeting where countries agree that no supply cut action Market managed to add more drop pressure after the International…
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