Orbex - Forex Trading Library

The Dow managed to retreat below the support of 44400 and held above the second support of 44220 so far. As we see over the chart, the advance wave has a chance if prices hold above 44220. Below 44220 more pressure could affect the…
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Gold advanced above the resistance of 2942 which could open the door at a further advance toward 2980 and above. As we see over the Intraday chart, the market is facing the first support around 2938 where as long as market holds above…
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Crude Oil remains under pressure towards 68.35. The market managed yesterday 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…
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USDJPY fell below the support of 152.40 which could add more pressure over the market. As we see over the chart and as long as prices hold below 152.40, the pressure could sustain for a further drop toward 149.35. A daily close above…
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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. As we see over the chart, the market is facing Intraday support around 1.0370. If prices remain above this level, more advance will be expected…
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Traders are likely to be looking at Friday's Flash February PMIs with particular interest this time around. That's because the flash PMI figures are the first major data to cover the period since Donald Trump took office and started…
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GER 40(DAX) breaks higher The GER 40(DAX) remains bullish as investors eye the Fed and ECB decisions. On the chart, the index broke through another resistance to move past the 22600 resistance level. The RSI’s overbought nature saw a…
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The Dow managed to retreat below the support of 44400 and held above the second support of 44220 so far. As we see over the chart, the advance wave has a chance if prices hold above 44220. Below 44220 more pressure could affect the…
Read More