Orbex - Forex Trading Library

The USDJPY pair managed to hold below the resistance of 151.80 yesterday to meet the target of 148.50. As we see over the Daily chart, if prices remain above the support 148.50, a chance for rebound could happen with resistances at the…
Read More

GBPUSD managed to meet the target of 1.2730-50 and managed to fall below this support. As projected before and as we see on the chart, if prices hold below 1.2770-80, the downtrend pressure could sustain over the market for a drop toward…
Read More

We still looking to our previous outlook for the Euro as see on our previous chart. The Euro fell below the support 1.0860 which could push for a further drop toward the 1.0700 zone. As we see on the chart and if prices hold below…
Read More

AUDUSD bounces on improved risk appetite The Aussie appears to be stuck in a narrow range as the pair looks to recover after dropping over 200 pips in the past week. We could see further consolidation as traders prepare for this week's…
Read More

GBPUSD breaks lower The Dollar continued its advance over the Pound as prices broke the 1.2900 level. A new low below 1.2850 suggests a bearish continuation after hitting a fresh peak at 1.3000 in July. Such a downbeat confirmation in…
Read More

In the wake of the Fed's rate decision yesterday, there is a new focus on the upcoming jobs numbers that could be pivotal for the market's expectations for the rest of the month. The dollar's trajectory hangs in the balance as the Fed could…
Read More

USDJPY hits lower lows The Yen bounced as the BoJ raised its key short-term interest rate to 0.25%. The pair cut through the round number of 155.00, which sat at the previous swing high, sending a downbeat signal. 152.00 is the next…
Read More

The Dow managed to advance above 40500-50 resistance which could push for an advance toward 41100. As we see on the Intraday levels chart, market is facing support around 40400-50 where as long as the market holds above, the advance wave…
Read More

Gold managed to advance above 2400 after further Middle East tensions. Prices still have room for further advance where the 2431-35 resistance could push for a correction before the advance continues. Above 2435 more advance toward 2460…
Read More