Orbex - Forex Trading Library

Oil (G5) 56.20 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: 120.45 Japanese Yen on uptrend wave Short-run As we advised before, market managed to hit below 118.00 levels which may activate farther drop later toward 115.00-50 zone market managed to test the doors of 115.50 before…
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GBP/USD: 1.5545 Pound on trading zone As we advised before, market managed to jump above 1.5625 which allowed farther rebound correction where market managed to hit our target 1.5700-20 zone market now facing resistance at 1.5685…
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EUR/USD 1.2190 EURO on trading zone As we see over the chart, market still holding trades inside downtrend channel which still providing drop pressure over the pair Short-run market managed to sustain drop toward 1.2165…
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Key Notes for the 23rd December French consumer spending m/m 0.4% vs. 0.2% Italy retail sales m/m 0% vs. 0.2% UK Current account deficit -27.0Bn UK Final GDP 0.7% vs. 0.7%; GDP y/y 2.6% vs. 3% Canada GDP m/m 0.3% vs. 0.1%; GDP…
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The Swiss National bank had surprised the markets last week after it decided to charge negative deposit rates at -0.25% on sight deposits held at the Central Bank. The move was triggered largely due to capital inflows from the crisis ridden…
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Markets await US GDP and durable goods data In what is likely to be the last trading day for the year with significant data releases, the North American trading session will see major fundamentals being released ahead of the holiday…
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Data released earlier today from the ONS showed the UK's GDP for the third quarter unchanged at 0.7%, while GDP on an annualized basis declined to 2.6%, below expectations of a 3% increase. The index of services was unchanged at 0.7%…
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Give yourself plenty of room to tolerate an adverse move The Forex market for a currency pair will typically fluctuate on any given day, which means it moves both higher and lower.  When taking a position in a financial market that…
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Dow Jones: 17810 Equity demand Global Equity markets faced drop around the world , where continues drop of Oil threaten inflation for more drop , while Russian surprising rate hike placed demand for haven market managed to fell…
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