Orbex - Forex Trading Library

US 30 soars as Trump wins election Dow Hits a New High, jumping over 1000 points as the ripple effects of the 2024 presidential election rumbled on. The index continued to rally after breaking the previous record, as traders focused on…
Read More

Before the election, there was a near-unanimous expectation that the FOMC Rate Decision would result in a cut by 25bps at the conclusion of its policy meeting on Thursday. That expectation has only strengthened since then. While a Trump…
Read More

USDCHF breaks resistance The Dollar rallied after Donald Trump’s victory reached 270 electoral votes to declare him the next US President. The pair broke above the 0.8700 resistance level from the base of a recent bullish breakout. A…
Read More

Markets have had strong reactions to the results of the US elections. Although votes are still being counted, Trump Wins as the de facto winner of the contest, with former and now president-elect Donald Trump set to secure both the…
Read More

GBPUSD probes resistance Similar to most dollar pairs, Cable attempts to erase the recent losses but jumps back above the recent swing high. 1.3000 becomes the latest significant resistance as price action claws its way back into buying…
Read More

Dow managed to pass above 42050 last week where managed to test second resistance 42300-50 zone before market continue the drop wave As we see over the chart and as long as market holding trades below 42300-50 the drop wave may sustain…
Read More

Gold managed to hit another drop today before market showing some rebound chances As we see over the chart and as long as market keep trading above 2725 the the rebound movement may expand toward 2762-65 zone Below 2725 more drop may…
Read More

we still holding our previous trading model after ammending support zone As we see over the chart market now facing possible trading zone between support 69.20-70  and resistance 72.00-20 Above 72.20 more advance may hit the market…
Read More

As we advised last week and as we see over our previous chart USDJPY managed to hit another drop correction movement where market managed to re-test support zone 151.40-50 yesterday As we advised before and as long as market holding…
Read More