Orbex - Forex Trading Library

The Euro met the target of 1.1140 and tested the support of 1.1070. As we see on the Intraday chart, if prices hold above 1.1070, another advance will be expected with resistances around 1.1140 and 1.1200. Below 1.1070 a chance for…
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Prices of Brent have been topsy-turvy all month, as strong forces push in opposite directions. On the one hand is the sudden increased worry of a global slowdown that appeared in early August. On the other, tensions in the Middle East flare…
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The FTSE 100 Index (UK 100) bounces back The FTSE 100 Index eyes another fresh high, which has price action that breaks the previous resistance of 8400. The move has attracted further buying interest from the start of the breakout rally…
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The Dow managed to break above 41000 and added more advance toward the first target of 41400 and the second target is still toward 41800. As we see over the chart, the market is facing support around 40700-800. Prices managed to test a…
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Gold stills hold near an all-time high. As we see on the chart, the market still has a chance for another swing back inside the trading zone between support 2468-70 and resistance 2528-32. Above 2532 more advance could be expected…
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Crude Oil manged to drop but the short-term outlook still shows a chance an advance back toward 78.80 and 81.00. The main support trend is around 71.50-99 with Intraday supports at 73.50 and 72.60. Below 71.15 more of a drop toward…
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USDJPY still holds inside the downtrend channel as we projected early this week. As we see on the chart and if prices hold below 145.50, the chance for another drop could happen with supports at 144.40 and 143.40. Above 145.50 more…
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GBPUSD is still holding above support 1.3170 which the market tested in the last few days. If prices hold above the support 1.3170, more advance will be expected with resistances at 1.3300 and 1.3480. Below 1.3170, more of a drop…
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The Euro managed to hit few pips below the support 1.1070 which could create a drop r to test 1.1040 or the 1.0970-90 support zone. As we see on the chart, one of those supports could give the market the chance for another advance…
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