Orbex - Forex Trading Library

The Euro broke below the first support of 1.0450 added more of a drop before holding above the second support 1.0370 so far. As long as the market remains above 1.0370 the chance for the current advance wave to sustain toward 1.0515-35 and…
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GBPUSD (Pound) remains heightened The GBPUSD (Pound) looks to hang onto a three-month high as traders shrug off the latest announcements coming out of the White House. The UK currency has defied expectations after President Trump said…
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China's economy is being pulled in opposite directions by two powerful forces. Which will prevail is crucial for how currencies that rely on the Asian giant will go. Over the last couple of weeks, markets have become increasingly worried…
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Dow(US 30) looks for reprieve The Dow(US 30) continues its choppy trajectory as the hesitant sentiment remains the same. The 900-point fall has been met with stiff selling pressure below the daily resistance of 43800. With a bearish…
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Dow managed to met target 43700 last week while managed to break below it As we see over the chart market facing resistances around 43800 and 44200-50 where one of those resistances may keep the downtrend pressure over the Dow for…
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Gold managed to hold a trading zone for some time before the market moved for further lows today. As we see over the Intraday chart, prices face the first Intraday resistance around 2898, where as long as the market hold below it, more…
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Crude Oil yesterday met the target of 68.35 before the market hit a rebound. If prices hold above 68.35, a rebound correction toward 70.15 could hit the market. Below 68.35 more of a drop toward 66.15-50 is likely. SUPPORT…
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USDJPY tested the 148.60 support few days ago and hit the target and resistance of 149.95 today. If the market holds above 148.60, a rebound correction toward 152.30-50 is still expected. Intraday resistances are at 149.95 and 150.75.…
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GBPUSD hit a high of 1.2715 yesterday closing from target and resistance of 1.2725. As we see over the chart, the market could hold a trading zone toward the 1.2520 support as long as prices keep holding below the resistance 1.2725.…
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As we see over the Intraday chart, the market is still holding above the first support at 1.0450. If the said support remains, then the market could advance towards 1.0610-30. Below 1.0450 more of a drop will be expected. The second…
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