Orbex - Forex Trading Library

USDJPY managed to print above the 149.50 resistance which could push for further move. As we see on the chart, prices face the first support around 148.25 while the second support is around 147.30. One of those supports could keep the…
Read More

GBPUSD fell below the 1.3000 support level, which could push for a further drop. As we see over the chart, Intraday levels show resistance around 1.3075. If prices hold below it, the downtrend pressure could sustain toward 1.2820-50.…
Read More

The Euro hit the target of 1.0880 and fell further yesterday. As we see on the Intraday chart, if prices hold below 1.0900, the downtrend pressure could sustain with support at 1.0780 and could lead to a correction. Above 1.0900 more…
Read More

Over the last month, the USDJPY pair has gained substantial ground, and has been threatening to break through the 150 handle for more than a week. Part of that is due to a stronger dollar as markets see fewer rate cuts from the Fed. The…
Read More

US 30 begins to pull lower The Dow Jones slid as traders failed to maintain the recent record high. A fall below 43000 has invalidated another peak, putting those who bought the recent dips under pressure. A new round of selling might…
Read More

As we see on our previous chart, the Dow fell below 42900-43000 and printed a low of 42689. The market managed so far to sustain trades above the second support of 42650 which could keep the advance wave ongoing toward 43400. Below…
Read More

Gold advances above 2666 and printed a high of 2682.60 so far, closing to the target 2685. As we see over the chart, the market could head for a trading zone between the support 2658 and resistance 2685. First Intraday support is at…
Read More

Crude Oil faces pressure as prices keep holding below the first resistance of 71.60 whilst targeting toward the 67.20-50 zone. This support zone 67.20-50 could push for rebound toward 71.00. Below 67.00 more of a drop toward 65.50…
Read More

USDJPY managed to print above the 149.50 resistance which could push for further advance. As we see on the chart, prices face the first support around 148.25 with the second support at 147.30. One of those supports could keep the advance…
Read More

If prices hold above the support of 1.3000, a rebound correction will be expected toward 1.3150-75 and above. The market today hit a few pips below 1.3000 with UK CPI data before rebounding. Below 1.3000 the market could head for a…
Read More