Orbex - Forex Trading Library

As we see over the chart , Crude Oil still holding this trading zone between support 66.15 and resistance 72.00-50 As long as market keep holding trades below resistance 70.15 a chance for farther drop may hit the market while support…
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USDJPY managed to met target 151.30-50 while managed to break below this support As we see over the chart, market facing support around 149.00-40 where as long as market keep holding trades above it a rebound correction may hit the…
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GBPUSD managed to advance above 1.2610 resistance where managed to sustain advance toward target 1.2715-65 zone As we see over the chart , market facing 1.2770 resistace where as long as market keep holding trades below it another drop…
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Euro managed to advance above 1.0550 while still facing second resistance around 1.0610 As long as market keep holding trades below 1.0610 another drop movement still expcted where supports laying at 1.0525 and 1.0400-25 Above 1.0610…
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UKOIL steadies as worries ease Brent avoided a slide below 70.00, which was supported by further tensions in the Middle East. The market failed to show any reaction as OPEC+ delayed its meeting by four days. The organisation for…
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Over the weekend and on Monday we will get a series of data that has become increasingly important to currency markets. Central banks around the world are in a race to cut rates, with few exceptions. The main driver is concern over slowing…
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XAUUSD remains in the zone Gold price held onto the 2600 level as sentiment continued to shift in favour of gold. The current horizontal consolidation is an opportunity for the bulls to take a breather after a drop this week. A close…
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Earlier this week, US President Elect Donald Trump threatened to apply tariffs to both Mexico and Canada if those countries didn't take more action to curb illegal migration and drugs. The two affected dollars and the peso reacted as…
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US 30 breaks critical resistance The Dow soared to another peak, achieving record highs as the US economy remained hopeful of a soft landing. By breaking above last month’s ceiling of 44000, the index has more than recouped the losses…
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Normally, inflation data like what we will get out of the EuroZone over the next couple of days, especially the November CPI, is pivotal for currencies. And that might still be the case, if the data comes significantly out of line from…
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