Orbex - Forex Trading Library

After taking a pounding from last week's BoE inflation report hearing where the Bank of England cut the inflation outlook into early 2015, the latest CPI data released by the ONS showed that the UK's inflation remained slightly upbeat.
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The EURCHF has been the sole forex pair that has well respected the Swiss National Bank's floor at 1.20. With the pair trading near the 1.201 handle, many traders will be keenly watching this level and the SNB's peg of 1.20
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The forex markets opened on a gloomy tone weighed down by Japan’s GDP contraction during the third quarter, declining -0.4%. The Yen, which initially weakened on Monday’s Asian session quickly retraced from the lows...
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Despite upbeat economic releases across the board from the US, with the exception of the import prices, US Dollar declined across the board after the release of the UoM consumer sentiment.
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In a week marked by low volatility, the Japanese Yen was the sole currency which was trading on account of the conflicting news from Japan. While initially, the Yen weakened on rumors of Shinzo Abe calling for snap elections and a delay to…
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The much anticipated Eurozone GDP and CPI figures were released today at 8AM GMT following data from France and Germany. The Euro which was seemingly upbeat since yesterday’s trading session initially saw some gains on a better than…
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The Japanese Yen continues to trade erratic reflecting on the continuing rumors about the sales tax hike delay and snap elections. There has been no official confirmation yet
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Gold futures bounced back from last week’s low of 1132 to form a sharp pin bar rejection candlestick pattern. Unless we see a lower close below 1132
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During the early Asian trading session, RBA assistant governor Kent Wheeler made a speech where he noted that the RBA has not ruled out Fx intervention while calling the Aussie to depreciate further in the coming year.
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In this tutorial, we'll delve a bit deeper into identifying the different type of flag patterns that are formed as well as provide insights into how to draw flag chart patterns correctly
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