Orbex - Forex Trading Library

NAS 100 awaits earnings Gold wasn’t the only asset that fell due to rising yields, as the Nasdaq also saw a slowdown in rising price action. The weakness on Wall Street came with increased treasury yields, moving sharply higher over the…
Read More

Earlier this week, gold prices hit two new record highs in a situation when normally the price should be going down. But, these aren't normal times, and demand for safe havens seems to be outpacing the regular market dynamics. With a lot of…
Read More

XAUUSD gearing up for another high Gold pushes to remain bullish after pulling back from its all-time high. Some stiff selling at 2760 with an upper wick indicated a rejection of higher bids. The recent swift U-turn means that the bears…
Read More

The Dow fell below 42650 yesterday drop further toward the support 42300, before rebounding. As we see over the chart, price could head for a trading zone between support 42300 and resistance 42700. Above 42700 more advance could hit…
Read More

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.…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More