Orbex - Forex Trading Library

Yen unaffected by Abe's victory The spot forex markets seem to be following a trend of being anti-climactic. We saw a few weeks ago with the Swiss Gold referendum that was rejected by voters. Instead of expecting to see a weaker Gold and a…
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Weekly Forex Forecast: 15 – 19 December The US Dollar posted the first weekly decline after six straight weeks of rallying ahead of an important week which will see the FOMC release its monetary policy statement as well as meeting minutes…
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Trend is your friend! A trend is an established directional movement in an exchange rate observed over time. Many successful forex traders consider the trend to be their best friend as a trader, so they avoid trading against such a trend…
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Let Your Profits Run! An important aspect of most successful Forex trading money management plans usually involves allowing profits on winning positions to accumulate, or run, as long as the market is moving in a favorable direction.…
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Weekly Forex Wrap Up and summary of the week in Forex Weak US Dollar The US Dollar showed signs of weakness since the start of the week after the Dollar index hit a multi-year resistance level of 89.20 with lack of any fundamentals for…
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Dow Jones 12th December 2014 Dow Jones: 17450 Equity demand with Equity market managed to obtain drop correction with less than 10% which indicating the sustain of Long-Run uptrend wave market managed to jump fast in U.S equity…
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Gold 12th December 2014 GOLD 1222 Gold between deflation & Dollar hike Market managed to activate more drop pressure over Gold after FOMC rate projections for rising interest rate next year while economic data from…
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Oil (F) 12th December 2014 Oil (F5) 59.60 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…
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USDJPY 12th December 2014 USD/JPY: 118.25 Japanese Yen on uptrend wave Short-run as we see over the chart, market managed to hit below 118.00 levels which may activate farther drop latter toward 115.00-50 zone as long as market…
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GBPUSD 12th December 2014 GBP/USD: 1.5715 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 as long as…
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