Orbex - Forex Trading Library

The Euro managed to meet the target of 1.0930-50 while dropping toward 1.0825 so far. As we see over the Intraday chart and if prices remain below the 1.0930-50 resistance, a correction could hit the market towards 1.0740-65. Above 1.0950…
Read More

Inflation in Canada during February is expected to have bumped back up. But, because it's for technical reasons, the market seems to think it won't affect the outlook for the BOC. The central bank's focus is still on supporting the economy,…
Read More

XAUUSD(Bullion)begins consolidating XAUUSD(Bullion)steadied after hitting another record as global trade tensions escalated. The precious metal consolidates around the 2990 zone as buyers look for another jump. 3000 is the immediate…
Read More

NAS 100(Nasdaq) retraces to fresh low The NAS 100(Nasdaq) hit a fresh low as the sell-off in the stock market continues. Equities, in general, were unable to shake a multi-week market rout under the weight of new tariff threats from…
Read More

Monday's release of United States Retail Sales  data will be closely scrutinized by traders, and could be a turning point for markets. Investors are on the lookout for signs of a potential recession, or evidence that one can be escaped.…
Read More

EURUSD hits resistance The dollar (USD) pulled back from the recent rally as prices hit resistance. On the chart, a bounce away from the 1.0900 level suggests that a correction is due after a long bullish rally. The pair has moved over…
Read More

Cable has been on an upward trajectory since the start of the year. The Rise of Cable has seen the pair gain over 300 pips in less than three months. While that initially sounds like quite a lot, we must factor in the other half of the…
Read More

The Dow tested the support zone at 41100-80 which managed to push for some rebound correction. As we see over the chart and if prices remain above the support 41100-80, the rebound could have a chance for an advance toward 42100-300…
Read More

Gold added more advance above 2930. As we see over the chart the market is facing a trading zone between 2905-15 and resistance 2950-55. Above 2955 more advance toward 2980 is likely. Below 2905 more of a drop toward 2880 and 2860…
Read More

Crude Oil remained above the support of 64.75 and managed to rebound toward the first target of 66.65 so far. As we see from the chart and as long as the market keeps holding above 64.75, a chance for a further rebound toward 68.25 is…
Read More