Orbex - Forex Trading Library

The Kiwi (NZDUSD) drops at double top Much like the Aussie, the Kiwi (NZDUSD)i has seen gains confirmed with 60 pip move higher. A close above the recent consolidation zone, around 0.5740, has forced sellers to cover their positions,…
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A lot has been happening in the crude space, giving mixed messages to the markets. There was already a lot of uncertainty due to geopolitics, but now that tariffs have been added to the mix, there is another layer of questions. This could…
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S&P (SPX500) bounces back The S&P (SPX500) jumped higher as buyers looked to stop the sell-off in the index market. With stocks having their worst quarter in years due to the tariff chaos, a move above 5500 has lifted sentiment.…
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Copper prices last week hit an all-time record high at $5.24/lb. Normally, that would be a reason for markets to cheer. But the unusual and uncertain circumstances have caused another traditional indicator to provide a worrying signal. The…
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DAX(GER40) hits another low The DAX(GER40) topped another downward turn as the index ran into negative territory following potential tariffs from the US. With a bearish divergence underway, prices saw a slight dip away from 22500.…
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The RBA is widely expected to keep rates unchanged at the end of its meeting on Tuesday. So the focus turns to what Governor Michelle Bullock will say afterwards. That's because there is considerable uncertainty about what will happen at…
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S&P 500 index  turns lower The S&P 500 index  fell as traders worried that the recent tariffs could sink stock prices. The index is at a crossroads on the chart as prices hit the 5700 area again. A failure to lift bids to 5800…
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XAU/USD looking for another record As the dollar looks for its next direction, the announcement of US auto tariffs heightened concerns over this week’s reciprocal measures. Gold traders could be fearing the worst if more buyers enter the…
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Gold managed to break above resistance 3033-38 where managed to advance toward targets 3055-57 and 3080-85 As we see over the chart resistance zone of 3085 may push for drop correction wave Market will face support around 3057-59…
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As we see over the Intraday chart, dow facing support zone around 41840-42040 which may keep the rebound wave ongoing toward target 43000-200 Below 41840 the downtrend pressure may back to control the market where supports laying at…
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