Orbex - Forex Trading Library

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…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More

Markets are resoundingly convinced that the BOJ Rate Decision won't result in a hike at the upcoming meeting that ends on Thursday. But, it also seems the BOJ is having trouble breaking its habit of shocking the market. And economists have…
Read More

NAS 100 Keeps Building The Nas 100 (Nasdaaq) continued to drive higher on progressive earnings as the season got underway. After hitting support at 19900, the latest rebound came to a rest at 20400, forming a double top. This suggests…
Read More

This week has a lot of risk events for the Euro. Two key data points will be released, the Euro CPI figures and Q3 growth estimate. But the national components will come out ahead of the data for the whole of the EuroZone, giving the market…
Read More