Orbex - Forex Trading Library

Heikin Ashi, is the Japanese name for a type of Candlestick pattern which slightly differs from how price is calculated and represented. The main difference between the Heikin-Ashi Candlesticks and the traditional candlesticks is that…
Read More

Stochastics oscillator is one of the standard and default indicators that are widely available with most trading and charting platforms, including MT4. It is one of the most popular oscillators for measuring momentum of the closing prices…
Read More

While the traditional moving average cross over method offers a fairly decent trade set up, in times of ranging markets, the crossovers of the moving averages can get choppy resulting in quite a few losing trades. Instead of buying and…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More