Orbex - Forex Trading Library

The Euro is still holding inside the trading zone between support 1.1240 and resistance 1.1485-95, while the market still trades inside an overbought zone. As long as the market keeps holding below 1.1485-95, a correction could hit the…
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The tariff situation is not just an issue for traders, as it is proving to be a headache for central banks as well. This has added an unusual amount of ambiguity into what could be expected from interest rate policy going forward. And it's…
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NAS100 remains choppy The NAS100 (Nasdaq) pulled back slightly after last week's historical gains, which saw over 3000 points added to the index value. On the chart, a decisive break above 18800 would hint at another push higher in the…
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The Dow managed to meet the target of 39250-650 in the last two days before another drop movement toward 38425. As we see over the chart the market is facing resistance around 40915, where as long as prices keep holding  below this…
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Gold managed to sustain the advance rally so far and printed a new record high. As we see over the Intraday chart, the market is facing the first support level at 3210 where as long as the market holds above it, the advance wave could…
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As we see over the chart, Crude Oil is facing resistance around 63.60-65.10 where the market managed to test early this week before moving towards the 54.90 levels. As long as this resistance zone 63.60-65.10 holds, the drop wave could…
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USDJPY managed to fall below the support of 143.60 and hit a low of 142.00 closing from target 141.65. As we see over the chart, the market is facing resistance around 144.15-145.15. If prices remain below this zone, more of a drop will be…
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GBPUSD managed to break above the 1.2935 resistance to meet targets 1.3050-and 1.3110. As we see over the chart, the market is facing the first resistance around 1.3265 where as long as prices hold below it, a drop toward 1.2560-1.2600…
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The Euro broke above the resistance 1.1275 and closed in from the target 1.1485 where prices today to hit a 1.1473 high so far. As the market is now trading inside an overbought zone, resistance 1.1485-95 could block any further advance…
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Brent crude(UKOIL) hitting a higher high Brent crude(UKOIL) maintained the upward momentum as the current outlook for the black gold shows further demand. While tariffs threaten economic growth and demand, low energy prices could…
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