Orbex - Forex Trading Library

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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This week is pretty compact for dollar traders. US markets will be practically closed for the last two days of the week, with all the major data coming out over the course of Tuesday and Wednesday. Markets are open for half a day on Friday,…
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USDJPY fails to progress The Yen (JPY) saw some slight reprieve after inflation cooled towards the 2% target. Recent profit-taking at 155.80 didn’t dent the optimism too much, with 154.00 proving to be a robust support. A combination of…
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The Dow remained above the support of 42900 and broke above the resistance of 43550. Prices are now closing to the target and resistance of 44100-200, which, if managed to hold, then a correction toward 43550-600 could hit the market.…
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Gold managed to break above 2643 and managed to sustain an advance toward 2680-90 and above. As we see over the chart, the market tested the 2710 resistance and if prices remain below this level, a drop toward the 2670-75 zone will be…
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Crude Oil held above the support of 66.15 and managed to hit a rebound movement toward 69.25 and 70.35. As we see on the chart and as long as the market holds above 66.15, a chance for more advancement toward 70.35 and 71.35 will be…
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