Orbex - Forex Trading Library

The Bank of England meets today at 12GMT to review its monthly monetary policy. Expectations are rife that the BoE will leave the policy unchanged, keeping interest rates low at 0.5%. Just a few quarters ago earlier this year, there was…
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Technical Preview of Crude Oil: As global crude oil prices continue to drop, OPEC countries cut pricing to maintain their market share Crude Oil prices hit a multi-year low as both the technical and fundamental outlook for WTI Crude…
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Daily Forex Preview for 6th November 2014 The US dollar gained since the start of yesterday’s European trading session as investors across the Atlantic digested news of the mid-term elections which saw the Republicans gain seats, taking a…
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Key Notes for November 5th • Dollar gaining strength on results of the US mid-term elections as Republicans seen gaining seats • Germany services PMI falls to 7 month low at 54.1 • UK Services PMI weak at 56.2 • Eurozone retail sales…
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EURUSD Monthly Technical Analysis From the monthly charts, EURUSD has been forming a major long term descending triangle pattern since early 2008. The major support level for this pair comes in at 1.23 – 1.22 levels, which will be a bit…
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Dow Jones: 17260 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 after the last U.S GDP which…
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EUR/USD 1.2690 EURO on trading zone market managed to fell below 1.2700 amid U.S Inflation data , where market managed to test 1.2615 last week market still holding chance for more drop to test 1.2570 while short-run trading…
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