Orbex - Forex Trading Library

Oil (G5) 46.90 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: 117.80 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: 1.5125 Pound under drop pressure market managed to hit 1.5035 low before rebounding 2 weeks ago market rebound above support level of 1.5100 which indicating ability for farther rebound correction as long as market…
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EUR/USD 1.1575 Euro tumbled after Swiss Central Bank Ends Minimum Exchange Rate with Euro market managed to sustain drop movement as expected as Euro holds trades below 1.2040 , where market showing target towards 1.1375 zone ,…
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The Bank of Canada meets later today during the US trading session. Between the BoJ and the ECB, today's BoC event has been sidelined and rightly so. The BoC's policy has been relatively stable somewhat compared to their peers across other…
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China, the second-largest economy by both nominal total GDP and purchasing power parity, proved in the last quarter of 2014 to have temporarily stabilized its situation. Yesterday the Chinese economy reported a better than expected, but in…
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Bank of Japan left its monetary policy unchanged and threw no surprises in what seems like a critical week for the currency markets. The inflation expectations, as widely discussed saw the BoJ lower its forecasts while announcing the…
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Have patience and humility Overconfidence tends to result in excessively large position taking or even over-trading, while impatience can severely hamper the amount of money your winning positions could make. Both of these emotion driven…
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Key Forex Afternoon Notes: China GDP y/y 7.3% vs. 7.2%; industrial production y/y 7.9% vs. 7.4% Germany PPI m/m -0.7% vs. -0.4%; PPI y/y -1.7% vs. -1.4% German ZEW Economic sentiment 48.4 vs. 40 Eurozone ZEW Economic sentiment…
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Dow Jones: 17500 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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