Orbex - Forex Trading Library

Oil (H5) 52.95 ...... old contract 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…
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USD/JPY: 118.60 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…
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GBP/USD: 1.5375 Pound & the rebound correction as we see over the chart market managed to obtain daily close above 1.5380 which may provide farther rebound movement toward 1.5580 zone market support zone now around 1.5200 where…
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EUR/USD 1.1415 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…
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The Asian capital markets have gained ground on the base that Japan is recovering from recession as it posted the Preliminary GDP at 0.6%, the Preliminary GDP Price Index increased to 2.3% and the Revised Industrial Production decreased to…
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The Kiwi and the British Pound were the strongest currencies last week as a weaker Greenback helped push other currencies such as the Euro, Canadian Dollar and the Yen to gain. The Australian Dollar was the weakest, besides the Swiss Franc,…
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Capitalizing on the Dollar's weakness, the downtrend in the EURUSD, GBPUSD and Crude Oil has started to show signs of bottoming out. Although the fundamentals supporting the currencies and the commodity were mixed, it was evident that from…
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Think again and count to ten before entering a trade For the best chances of success, forex trading should be performed only after engaging in planning and strategic thought. Although some trading opportunities are admittedly fleeting,…
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Weekly Forex Wrap Up: February 9th to February 13th Dollar Weakness was the theme of the week in what seems to be a growing evidence of a possible correction looming for the US Dollar index. The British Pound and the Euro saw a bullish…
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Dow Jones: 17965 Equity on trading zone market managed today to add more advance toward 17985 zone above this zone market may activate more advance toward 18250-300 zone market may hold short-run trading zone between 17000 -…
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