Orbex - Forex Trading Library

USDJPY managed to test the support zone of 151.40-50 last Friday and rebound towards the  target 153.80. As we see over the chart, the advance wave is still ongoing and if prices remain above the support of 151.40-50, the advance wave…
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GBPUSD printed above 1.3015 which could be the first sign of further advance. As we see on the chart, the market is facing support around 1.2900. If prices remain above it a rebound movement toward 1.3150-75 will be expected. Below…
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The Euro tested the support trend of 1.0760-80 and pushed for a correction toward 1.0840 so far. As we see on the chart, if prices remain above the support of 1.0760-80, a rebound toward 1.0940 and 1.1000 will be expected. Below…
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The US is publishing a wealth of major data points these days that are determinant for figuring out what the Fed will do next week. That will define the trajectory of the greenback for months to come. It's a particularly fraught time for…
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US 30 stays pressured The US 30  (Dow) continued to underperform as it registered another drop in the past week. The index is hovering above 42000 as price action attempts to stay afloat. This is a necessary support to keep the bids…
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As we see over the chart, the Dow dropped as the market still holds above the uptrend line support of 42000. As long as the market holds above 42000, a rebound toward the 42600-700 resistance zone will be expected. Below 41800 more of…
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Gold met the target of 2758 and moved higher. As we see on the Intraday chart, the market is facing support around 2776, where as long as prices hold above it, the advance wave could sustain toward 2800. Below 2776 more of a drop…
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Crude Oil maintained trades below the resistance of 69.65-85 and dropped further. As we see on the Intraday chart, prices face resistance around the 68.00 zone and if prices hold below it then the downtrend wave could move toward the…
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USDJPY managed to test the support zone of 151.40-50 last Friday, while managing to rebound toward the target 153.80. As we see over the chart, the advance wave is still ongoing and if prices remain above the support of 151.40-50, the…
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GBPUSD managed to sustain trades below the resistance 1.3075 and dropped toward 1.2907. As we see on the chart, prices face a downtrend resistance around 1.3015. If prices remain below it, then the downtrend pressure could sustain toward…
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