Orbex - Forex Trading Library

The release of December US Non-farm payrolls (NFP) on Friday is expected to show that the labor market remains resilient. But investors will be keen to look for any signs that the Fed might come under renewed pressure to ease. There is…
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AUDUSD grinds support The Australian dollar (AUD) found some firm resistance as risk appetite remains volatile across all markets. The latest move higher towards 0.6300 met stiff selling pressure, and prices are at a major crossroads…
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The Crude oil prices have been on the rise for over a month, which is all the more impressive considering the dollar getting stronger in that period as well. Interestingly, this rise has coincided with both OPEC and the IEA cutting their…
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Dow (US30) holds onto gains The Dow (US30) inches higher after moving away from the recent double bottom. The index is attempting to head towards 43500, but the psychological level of 43000 is proving to be a difficult hurdle to…
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The announcement of resignation from Canada's Prime Minister Justin Trudeau on Monday opens up some important questions for where the CAD (Canadian dollar) will be going over the next couple of months. The immediate reaction was for it to…
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FTSE (UK 100) holds onto gains The FTSE (UK 100) hits a slight consolidation as investors hold their breath ahead of US payrolls amid growing rate cut expectations. The index so far has held onto its gains after a tentative break above…
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The consensus is that EuroStat will report that inflation increased in the Euro Area during December when it releases its preliminary data on Tuesday. But, the consensus is also that the ECB is inclined to keep easing, potentially even more…
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As we advised last week and as we see over our previous chart Dow managed to meet target 42500 as we advised last week while managed to add more drop while support 42000 remain intact As we advised before and as we see over the chart…
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