Orbex - Forex Trading Library

Crude Oil WTI (USOIL) holding ground Crude Oil WTI rallied as geo-political tensions heightened. A surge above the psychological level of 70.00 continues to fuel the bullish impetus, putting the price on its way to breaking 73.50. The…
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Markets seem to be holding their breath ahead of key September NFP data expected on Friday. There have been a lot of events in the world this week to push markets around. But the focus seems to still be on a combination of whether the…
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XAGUSD bounces off resistance The silver price is stepping back from its recent peakas it bears an eye on a correction in the market. The price is hovering above the daily double bottom of 31.00, which is a critical floor for keeping the…
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China is on a week-long national holiday, but the events going on are of such significance that they are still affecting the market. Analysts are hotly debating the implications for the markets. Which by extension means that Forex could be…
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The run-up to every presidential election, including the upcoming US Presidential Election, is usually a volatile one. Both candidates reveal their strategies for the next four years to tempt voters into their camp. Markets usually await…
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The EUR USD breaks lower The EUR tumbled after CPI data failed to lift sentiment in the bloc. After a short-lived grind over 1.1200, a bearish breakout has seriously dented the bullish bias from the daily chart’s perspective. The round…
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Gold managed to fell below 2642 yesterday and dropped further toward the 2622-25 zone. The market rebounded and is now closing to the resistance trend around 2652-55. Above 2655 more advance will be expected toward 2665 and 2680.…
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Crude Oil managed to hit the target of 70.90 and added more advance while still holding below the resistance 71.50-72.50. As we see over the Intraday chart, if prices hold below 72.50, another drop will be expected toward 63.90-64.75.…
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The Dow managed to hold above the support 41825 and advanced toward 42600. Prices hit a drop correction yesterday toward the 41915 level while holding above the support 41825. Below 41825 more of a drop could hit the market with…
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