Orbex - Forex Trading Library

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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Dow jones(US 30) tests supply area The Dow jones(US 30) dropped over 600 points as traders digested the latest tariff data. On the chart, the index is looking for some retracement as price action moves back up towards 43000. A break…
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Both markets and economists agree that the ECB will cut interest rates by 25 bps at the conclusion of its policy meeting on Thursday. So, the issue that will move the markets will be if there is any indication for what will happen after…
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Pound(GBPUSD) fighting resistance The pound(GBPUSD)  remains buoyant as a break above the 1.2700 level has seen the pair reach multi-month highs. The pair staged a bounce away from the psychological level of 1.2500 as the recovery…
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China takes center stage for currency markets this week, and not just because of the doubling of tariffs that went into effect on Tuesday. China's legislature holds a key meeting through the course of the week, and is expected to make some…
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Crude oil (WTI)under pressure Crude oil (WTI)fell lower AS OPEC announced a tentative agreement to begin increasing production. A bounce away from the 70.00 zone indicated that sentiment remains subdued. With prices hitting lower lows,…
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Sow still holding trades below second resistance 44200-50 which still holding the downtrend wave ongoing As we see over the Intraday chart, market now testing resistance 44000-60 inside the Open-End-Triangle formation while more drop…
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