Orbex - Forex Trading Library

Gold futures well supported near $1200 After yesterday's testimony to the senate banking committee from the Fed Chair Janet Yellen, the US Dollar continues to ease back from its rally, providing some relief to Gold futures. Price actions…
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In the run up to Janet Yellen's testimony to the senate banking committee, the markets clearly shrugged off economic data which included a better than expected PMI services data but a weaker CB consumer confidence. On the headline…
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Key Forex Afternoon Notes: New Zealand inflation expectations q/q 1.8% vs. 2.1% previously German Final GDP q/q 0.7% vs. 0.7% Eurozone Final CPI y/y -0.6% vs. -0.6%; Core CPI y/y 0.6% vs. 0.6% BoE Inflation report hearing Later…
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Dow Jones: 18085 Equity on trading zone market managed last week to add more advance toward 18000 zone above 18050 market may activate more advance toward 18250-300 zone market may hold short-run trading zone between 17000 -…
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GOLD 1197 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…
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Oil (5J) 49.20...... 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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USD/JPY: 119.50 Japanese Yen on uptrend wave Short-run market managed to obtain drop correction after testing resistance level of 120.80 market managed to hit 120.45 last week before market retreated fast on speculation that Yen…
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GBP/USD: 1.5450 Pound & the rebound correction as we see over the chart, market managed to hold uptrend rebound correction where managed last week to test 1.5480 zone short-run showing support level around 1.5315 which as long…
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EUR/USD 1.1305 Euro tumbled after ُECB Draghi announced bigger QE Euro slump after Mr. Draghi announced bigger than expected quantitative easing which placed new drop pressure over Euro U.S labor market data managed to add more…
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After a relatively quiet start to the week, the markets head into what could likely turn out be quite a handful. Although the Asian session saw little to no major news releases today, starting from the European trading session, a lot of…
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