Orbex - Forex Trading Library

USDJPY met the target of 155.20 today. As we see over the chart, and if the market holds below the 155.20 resistance, a correction could happen toward the 151.30-152.00 zone. Above 155.20, a chance for further advance could hit the…
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GBPUSD fell below 1.2790 yesterday and below this level more of a drop could hit the market toward 1.2665. As we see on the chart, prices now face the resistance zone around 1.2840-60. If prices hold below, more of a drop toward…
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The Euro tested the support level of 1.0600 again today. If prices hold at 1.0600, a correction could hit the market to test the 1.0680-90 resistance zone. Below 1.0600 a further drop will be expected toward 1.0520. SUPPORT…
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Markets have been reacting to the return of Donald Trump to the White House by pushing up the dollar. One of the main reasons for that is an expectation of increasing the intensity of trade wars. While that might fuel the greenback in the…
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The USDJPY grinds major resistance The Yen extended losses as the dollar train advanced across the board. On the chart, the price is crawling back to its 4-month high of 155.25 as the bulls look to keep the momentum going. In the near…
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The election of Trump to a new term in office puts a whole new light on US inflation data, potentially bringing the Trump effect into focus. It could be that the market simply looks past it, or it might cause renewed focus on the figures.…
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Nasdaq 100 index hitting higher highs The Nasdaq 100 index continued the rally as the aftereffects of a Trump victory and Fed rate cut rumbled on. The index is looking to hold above the 21000 level after jumping over a thousand points in…
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Cable hasn't had an inflection point like other currency pairs in the wake of the US election. Although the pound is weaker compared to the dollar, it's within the trend that was observed before the election. A good deal of that could be…
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