Orbex - Forex Trading Library

The central bank of Canada is sitting down to a very difficult decision about what to do with rates. The markets seem pretty convinced that they will go for a quarter point cut, like the last sic times. If that were the case, then the…
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Cable (GBPUSD) tests key resistance Cable (GBPUSD)  paused the recent rally as price action consolidated at the 1.2900 area. On the chart, the pair is testing multi-month highs dating back to last November. The previous swing…
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Brent oil(UKOIL) remains pressured Brent oil(UKOIL) continues to trade below $70 a barrel as tariff uncertainties continue. Adding to the bearish sentiment, stockpiles posted a larger-than-expected build recently, as investors worry…
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The Dow rebounded toward 43125 two days ago before prices dropped. As we see over the chart and if prices remain below 43200-300, the downtrend pressure could sustain for a farther drop toward 42050 and 41650. Above 43300 more advance…
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Gold managed to advance toward targets 2898 and 2920-30. As we see over the chart, Intraday levels still show a resistance zone at 2920-30 which could push for a correction toward the 2880-90 support zone. Above 2930 more advance to…
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Crude Oil managed to hit a 65.12 low in the past two days closing to the support 64.75. As we see over the chart and as long as the market holds above 64.75 a chance for a rebound correction toward 66.65 and 68.25 could hit the market.…
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USDJPY managed to meet the target 147.40 as prices attempt to hit a rebound. As we see over the Intraday chart and as long as the market holds below 148.40-90, more of a drop to test the support 147.30-40 where below 147.30 more of a drop…
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GBPUSD managed also to sustain an advance toward 1.2725 and 1.2810. As we see over the chart, the market is facing support around 1.2680-1.2715 which could keep the advance wave ongoing toward the 1.3000-50 zone. Below 1.2680 more of a…
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The Euro passed above the 1.0820 resistance which could give room for more advance on the market. As we see over the chart the market is facing support around 1.0740-65 which could keep the advance wave ongoing toward 1.0930-50 and 1.1000.…
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