Orbex - Forex Trading Library

The Dax(GER 40) moving higher The Dax(GER 40) has seen a remarkable surge in recent sessions as the European markets make a comeback. A bearish divergence on the RSI caused a gap lower. However, since then, prices have been looking to…
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The market is broadly expecting the BOE(Bank of England) to cut by a quarter of a point on Thursday. That puts the onus of for the market reaction on the commentary from the central bank, including Governor Andrew Bailey's post-rate…
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The Kiwi(NZDUSD) fight to cover gap The Kiwi(NZDUSD) remains indecisive after failing to cover the recent weekend gap. With the greenback making gains across the board, the pair has seen a choppy 100-pip move in the last 48 hours. On the…
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We still holding our previous model for the last two weeks as we see over our previous chart. The Dow managed to maintain trades above the support 43700 and managed again to rebound toward 44500 and above. As long as the market keeps…
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Gold sustained an advance wave as prices remained above 2765. As we see over the chart, Gold faces a resistance trend which managed to test yesterday around 2830, while the main resistance is at 2840-45 which could keep the chance for…
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Crude Oil also managed to open trades this week with a price gap and managed to hit the 74.60 level before the market dropped and covered the gap. Crude Oil remains under  pressure toward 68.35. We adjusted the key resistance level to be…
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USDJPY managed to fall toward 153.70 before hitting a rebound correction movement. As we see over the chart the market is facing Intraday resistances around 156.00 and 156.75. If prices hold below one of those resistances, then the drop…
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GBPUSD also managed to cover the gap price while the market still holds below the downtrend resistance zone as we see over the chart. As long as the market remains below 1.2470, another drop swing toward 1.2160 could hit the market. Above…
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The Euro opened this week with gap lower after the new US tariffs, as the market managed to cover the price gap all the way toward 1.0350. As we see over the chart, the market is facing Intraday resistance around 1.0350-60 which could…
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