Orbex - Forex Trading Library

Crude Oil managed to resume the from yesterday to close towards the target 70.90. As we see on the Intraday chart, the market is facing resistance around 70.90-71.50 and if prices remain below it, another drop  will be expected toward…
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USDJPY managed to break above 141.20 which could now push for an advance as projected yesterday. As we see over the Intraday chart, prices are facing support around 141.20 where as long as the market remains above, more advance toward the…
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As we see over the chart, GBPUSD facing resistance around 1.3240-70 which could push for another drop toward 1.3090 and 1.3000. Above 1.3270 the market could have chance for farther advance toward 1.3435. SUPPORT RESISTANCE…
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The Euro managed to re-test the resistance zone of 1.1120-40. The Market could still drop toward 1.1025 which in turn could activate another advance. Below 1.1025 more of a drop to test 1.0930-40 is likely. Above 1.1155 more advance will…
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The markets are poised for a potentially radical reaction to the outcomes of the FOMC meeting today, which will conclude on Wednesday. That's in part because of the major shift in expectations over the last few days. With no clear forecast…
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GBPUSD steady ahead of BoE decision Cable remained bullish after jumping over 200 pips, with the BoE interest rate decision being up next. The price could continue to be skewed to the upside after breaking the 1.3200 level. The RSI’s…
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The Dow managed to meet the second target of 41600. We still hold our previous outlook with the target now toward 42600. First support is at 41335 and below this price, the next test will be at 41000 which in turn could activate the…
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As we see over the Intraday chart, Gold faces supports around 2563-65 and 2550 where one of those supports could activate an advance wave again. Below 2550 more of a drop to test the 2528-32 support trend could hit the market.…
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Crude Oil dropped toward 67.66 and managed to sustain prices above the support zone 67.00-15. As long as the market holds above this support more, advance will be expected with resistance around 70.90 and 72.50. The Market managed to test…
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USDJPY hit below the 140.20 support which could push prices lower. As we see over the chart, the market is facing the first resistance around 141.20 where as long as prices remain below this resistance, more of a drop will be expected with…
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