Orbex - Forex Trading Library

Euro managed to break above 1.0460 whicj may sustain this advance wave toward target 1.0610-30 as we advised before As we see over the chart , market facing first support level at 1.0440-50 while second support laying at 1.0340-70 where…
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The S&P(SPX500) No signs of slowing The S&P(SPX500) continues to push after hitting an all-time high, as tech shares rallied on artificial intelligence optimism. The combination of a resilient economy and earnings season…
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Next week is quite busy on the economic calendar, and China will lead it off by announcing the latest PMI figures, a closely watched indicator for the economy. Then comes the lunar new year holiday, which leaves the Asian giant on holiday…
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WTI crude (USOIL) continues correction WTI crude (USOIL) maintains its bearish stance after failing to cover the recent downward gap. Sellers have clawed back most of the losses from the bullish rally as prices are at a crossroads now.…
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The yen has been consolidating over the last few days, aided in part by verbal intervention from Japanese authorities. However, analysts attribute the bulk of the gains to a near certainty that the BOJ will raise rates on Friday. The latest…
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The Dow managed in the last few days to meet the second target of 43700 and managed from there to hit a drop correction toward 43220, before advancing again and breaking above 43700. As we see over the chart, above 43700 more advance…
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Gold managed to obtain a Daily close around 2742-45 while managed today to add more advance above this trend. As we see over the Intraday chart, the market is facing support around 2738-45 where as long as prices keep holding above it,…
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Crude Oil dropped toward 76.40 and below and managed to maintain trades above the second support of 74.75. As we see over the chart and as long as the market holds above 74.75, another advance toward 79.20 will be expected. Below…
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USDJPY managed to rebound from the second support of 154.90 while the downtrend pressure still affects the market. As we see over the chart and as long as prices keep holding below 157.10-20 the drop pressure could continue towards…
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GBPUSD managed so far to keep below the second resistance of 1.2375 which is still holding the downtrend pressure. As we see over the chart and as long as the market keep holding below 1.2375, the pressure could sustain to test the…
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