Orbex - Forex Trading Library

Gold managed to hold above 2875 and advanced towards the target of 2935-40 again. If prices hold below 2942, another drop back toward 2900 will be expected. Above 2942 more advance toward 2980 is likely. SUPPORT RESISTANCE…
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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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Wondering about the Ukraine peace deal and forex? When Russia invaded Ukraine back in 2022, it had a major impact on geopolitical impact on forex and the markets. Now that international headlines are focusing on a concerted push to reach a…
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S&P(SPX500) record after record The S&P(SPX500) rallies as an upbeat sentiment continues to push the index higher. A close above the psychological level of 6100 suggests that buyers remain in the market. However, as a…
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The main element on the economic calendar that the markets could latch on to this week is Wednesday's release of the minutes of the last FOMC Minutes meeting. There's been a lot of data released that could allow for a new interpretation of…
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