Orbex - Forex Trading Library

NAS100 index more records, more worries The NAS100 index continues to close in positive territory as investors ignore President Donald Trump’s warning of more tariffs. As the ripple effects of a strong earnings season linger, traders…
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The Dow managed to meet the target of 43700 last week and broke below it. As we see over the chart, prices are facing resistances around 43800 and 44200-50 where one of those resistances could keep the downtrend pressure over the Dow for…
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Gold tested the support zone of 2910-20 last week and managed today to hit the target of 2945-50. As we see over the chart a chance for trading zone between support 2910-20 and resistance 2945-50 could control the market. Above 2950…
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Crude Oil remains under pressure towards 68.35. The market managed to re-test the resistance zone of 73.25-50 which is still intact on the chart. As long as the market holds below 74.60, the downtrend pressure could continue toward…
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USDJPY met the target of 149.35 last week while the market managed to hit a rebound. As we see over the chart, the market has a support zone at 148.60-149.35 which could push for a trading zone toward 150.90 and 152.30-50. Below…
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GBPUSD met the first target of 1.2600 and above. As we see over the chart, prices still have a chance for farther advance as long as the market holds above the support of 1.2520, where a second target is at 1.2725. Below 1.2520, more…
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The Euro passed above the downtrend resistance line which indicates strength in the market. Prices managed to advance today toward 1.0528 which close enough to the target. As we see over the chart, the market could hold this trading…
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The Euro bounced to a month high in the wake of the German elections, in apparent relief that the results are in line with what was expected from the polls. But, the gains could fade as forming a new government appears to be particularly…
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The FTSE(UK100) bearish reversal underway The FTSE(UK100) treads water ahead of major central bank decisions. The RSI’s double bottom in the oversold zone is a sign of overextension and could create a bullish divergence, which could move…
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