Orbex - Forex Trading Library

Dow Jones: 17685 Equity on trading zone Dow managed to hit zone of 18000-100 last year which provided good zone to re-short-sell market as we advised before as long as market holding trades below 18100 will expect some drop…
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GOLD 1241 Drop pressure back to affect Gold market back to dump haven as europe negotiating to keep Greece in the union block while Russia-germany-france meeting over ukrainian crises helped to dump haven more so far market…
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Oil (H5) 52.30 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 Energy…
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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 showing ability to sustain the drop correction , where as long as market holding…
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GBP/USD: 1.5215 Pound under drop pressure market managed to fell after ECB announced QE program , while market managed to break below 1.5035 which initiate new downtrend wave that may target 1.4800 as first target as long as market…
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EUR/USD 1.1315 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 last week…
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The American Non-Farm Payroll report was published on Friday up to 257k and the Average Hourly Earnings rose to 0.5%, leading to an immediate strength of the US Dollar. It seems that the engines of the U.S. economy are running at its full…
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In a couple of hour’s time, China will release its yearly inflation data. Estimates are already on the downside, as economists surveyed expect inflation in China to rise at a slower pace of 1.1%, down from the 1.5% growth previously in…
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After closing last week in a sharp doji candlestick pattern, which incidentally comes right after a hanging man pattern from the week before, the week ahead could possibly turn out to be quite an interesting one at least as far as the US…
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Weekly Forex Forecast: 9th to 13th February A major rebound in Crude oil prices managed to help lift off the currency markets with the Canadian dollar leading the way, gaining as much as 1.6% against the Greenback while also supporting the…
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