Orbex - Forex Trading Library

USD/JPY: 117.25 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: 1.5160 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 1.1600 Euro tumbled after 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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Weekly Forex Forecast: 19th to 23rd January The Swiss Shocker saw the Swiss Franc take the lead, rising 18.11% against the Greenback, while the Euro understandably turned the weakest losing -2.39% to the buck, as the largest known buyer of…
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Gold Futures – Technical Update Gold & Silver futures got a boost last week, thanks to the Swiss shocker. The Swiss Franc, often considered to be a currency proxy for Gold especially strengthened dramatically as the Swiss National…
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The Swiss Franc is still getting appreciated after the Swiss Central Bank’s decision from the last week. The USDCHF struggles under the support level at 0.8815 while the EURCHF managed to return to parity, but this equilibrium appears to be…
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Weekly Forex Wrap-Up: January 12th to January 16th Europe took center stage this week. While the ECJ’s ruling gave the ECB’s bond purchase program a green light, the SNB abandoned its peg of 1.20 Francs to the Euro, which rattled the…
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An extreme decision of the Central Bank of Switzerland Two days ago, in quite comfortable circumstances, we were speaking about the European Court of Justice, which was expected to decide the constitutionality of the OMT program. The time…
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Dow Jones: 17240 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 1259 Gold on demand as haven market jumped into haven Gold after SNB announced yesterday the ending of exchange rate cap with Euro which placed demand for haven over short-run market managed to jump above 1255 where…
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