Orbex - Forex Trading Library

China will release a bit of economic data on Sunday that could be crucial to understand the country's policies which have an impact on major commodity currencies. The iron ore market that is crucial for Australia has seen fluctuations…
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FTSE(UK 100) sliding lower The FTSE(UK 100) corrected lower as sentiment shifted over possible tariffs from the US. Prices now remain on a downward trajectory after bouncing off the 8900 area. In the medium term, the 8800 zone looks to…
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The Dow rebounded toward 43125 yesterday 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. The market managed so far to…
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Crude Oil still holds the downtrend wave and managed yesterday to hit a 65.12 low closing from support 64.75. As we see over the chart and if the market holds above 64.75, a chance for rebound correction toward 66.65 and 68.25 is likely.…
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USDJPY managed to hold below the 150.15 resistance and dropped to close towards the target of 147.40. 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 will be…
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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…
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The Euro sustained an advance without any correction over the Intraday trades and managed today to test the resistance of 1.0820. As we see over the chart and as long as the market holds below 1.0820, there is a chance for a trading zone…
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There is a lot riding on Friday's US jobs numbers, which even without that is usually the cause of quite a bit of volatility in the markets. Traders have become increasingly nervous about the state of the US economy of late. If NFP shows…
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