Orbex - Forex Trading Library

Gold hit the target of 2728 yesterday and pushed for a further drop to test support at 2714. As we see over the chart, Intraday levels show the resistance level around 2740 which could create some trading zone toward the 2722-26 support.…
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As we see over the chart, Crude Oil still has the chance for another drop toward the 68.60-90 zone. As long as the market remains below 72.00, this drop correction is still valid. The first Intraday support is at 70.30. Above 72.00…
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USDJPY managed to sustain an advance to hit the target of 150.90 and 152.00. 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 could expand toward 153.80 and…
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GBPUSD managed to sustain trades below the resistance 1.3075 and dropped toward 1.2907. As long as the market holds below 1.3075, the downtrend pressure could continue toward 1.2820-50. Above 1.3075, the market could have the chance…
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The Euro tested the support trend of 1.0760-80 and pushed for a correction. 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 1.0720 prices could head…
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Markets are taking a new look at US economic performance, which seems to be out of step with the general depression in the rest of the world. Some are even talking about a "no landing" scenario, where US GDP continues to rise. But that also…
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Dow 30 index (US 30) looking for bids The Dow 30 index remained subdued after failing to recapture its recent record high. As sentiment is still cautious, a limited bounce above 43000 could give bulls what they need to re-enter the…
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The Dow managed to fall below the support of 42900 where the market is now facing a second support around 42650. As we see over the chart, the market could head for a trading zone here toward the 43050 resistance. Above 43050 more advance…
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Gold advanced today to print a high of 2758. As we see on the chart, Intraday levels show the first support around 2748. If prices remain above it, the advance movement could sustain to test the 2762-65 resistance which in turn could push…
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