Orbex - Forex Trading Library

EURUSD inflation worries increase The pair flirts with the 1.0400 area as investors digest last week’s NFP data, with EURUSD inflation concerns remaining in focus. followed by Jerome Powell’s testimony, in which he is expected to give…
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Something that has been going under the radar in forex markets is the potential for Germany to "reform" its debt brake. It's understandable, given that the issue is kind of technical, and there is a lot going on in the markets. But a change…
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XAGUSD(silver) grinds higher XAGUSD(silver) continues the comeback as prices hover at the 32.00 handle. The price is testing the top at 32.50 from the recent sharp sell-off. As a firm impulse develops, a bullish breakout would trigger…
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The Dow managed to add another advance toward 44500 and closed from the second target of 45100 again. As we see over the chart, if prices remain below 45100, another swing back could happen with supports at 44500 and 43700. Above…
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Gold managed to break above the resistance of 2845 and managed to add more advance and closed from the second target of 2885. As we see over the chart, Intraday levels show support around 2740-45, where as long as the market holds above…
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We still hold our previous model as last week where crude oil remains under pressure toward 68.35. We adjusted the key resistance level to be around 74.30-60, where as long as the market holds below it the drop pressure will sustain.…
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USDJPY managed to maintain a drop wave and met the targets of 153.15 and 151.80. As we see over the chart, the market is still holding above the trend support of 151.80, where as long as prices keep above it, another rebound toward…
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GBPUSD managed to advance above the 1.2470 resistance which could be the sign of more advance on the way. As we see over the chart, prices face supports around 1.2380 and 1.2250-90. If prices remain above one of those supports, more…
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The Euro passed above the 1.0350-60 resistance as our target still stands toward 1.0610-30. Intraday support zone starts from 1.0350-60. Below 1.0175 more of a drop will be expected toward 1.0075 and maybe 1.0000. SUPPORT…
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Discourse in the markets seems to be dominated of late by tariff concerns and their economic impact. But the key data coming out on Friday might be an opportunity for traders to refocus on fundamentals. After the Fed's "hawkish" hold last…
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