Orbex - Forex Trading Library

GBPUSD managed to sustain trades below the resistance 1.3075 and dropped toward 1.2944. 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 for…
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The Euro managed to hit the target 1.0780 today. As we see over the chart, the market faces a support trend around the 1.0760-80 zone which could push for a rebound correction toward the 1.0940 and 1.1000 zone. Below 1.0720 prices could…
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The release of Global Flash PMIs and partial (or flash) results from the ongoing PMI surveys of key economies around the globe could have an outside impact on the markets in the current situation. Particularly for commodity currencies,…
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NZD/USD pair tests support The New Zealand dollar attempts to halt the slide after falling from the level seen last July. Despite a widespread cautious mood, the kiwi seems to have found a foothold around 0.6050. A tentative break above…
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Despite expectations of a cut, the upcoming BOC rate meeting could be a chance to add some strength to the Loonie. The Canadian currency has been falling against its southern counterpart all month, in anticipation of lower rates. But the…
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S&P index (SPX 500) moves to another record The S&P index and the other US indices have moved higher after a robust earnings season so far. 5700 at the base of a bullish extension is a crucial level to see if the price action…
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The Dow managed to close to the target of and printed a high so far around 43340. As we see over the Intraday chart, prices face the first Intraday support around 43140. If prices remain above 42900-43000, the advance wave could sustain…
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Gold managed to break above the 2720 resistance and managed to add more advance toward 2736 today. AS we see on the chart, Intraday levels showing resistance around 2736-40 which could push for a drop toward the 2701-04 zone which in…
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Crude Oil dropped last Friday to print a 68.15 low closing from our support trend line. The market faces resistance around 71.20-60 and if prices keep hold below it, the chance for another drop toward 67.25-60 zone is likely, which in…
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