Orbex - Forex Trading Library

GBPUSD remains pressured Cable price saw a small advance come to a halt after failing to move past the 1.2600 area. The Cable price is treading above 1.2500, and is looking for some firm support. 1.2580 is the key obstacle to lift before…
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The Dow managed to break above resistance of 44100-200 last week and hit the target of 44800. As we see on the chart, prices face a new support zone around 44100-200, where as long as the market holds above it, the advance wave could…
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Gold dropped further today and hit a 2605 low. As we see on the chart, Intraday levels show support around 2605-10 which could keep the chance for a rebound toward 2643 and 2658 intact, which in turn could push for another drop. Above…
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Crude Oil held above the support of 66.15 and rebounded toward the targets 69.25 and 71.25. Prices hit a correction toward 68.50 and if prices remain above 68.50, more rebound will be expected with the target and resistance zone at…
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GBPUSD managed to hit a rebound correction and managed today to test the resistance zone of 1.2580-1.2610. As we see on the chart and as long as the market keeps holding below 1.2580-1.2610, more drop toward 1.2300 will be expected.…
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USDJPY held below the 155.25 resistance and managed to sustain a drop toward the target zone of 153.25-70. As we see on the chart, prices still hold inside this trading zone between support 153.25-70 and resistance 155.25. Above…
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The Euro managed to test the resistance zone of 1.0525-50 and managed to drop toward 1.0425. As we see on the chart, prices still face a downtrend line resistance around 1.0525-50. If prices remain below this resistance, more of a drop…
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 Nasdaq100 index tests resistance The Nasdaq100 index recouped some losses as traders bet the Fed might leave rates unchanged at their next meeting. The index is trying to claw back some of the previous losses, but sentiment is still…
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