Orbex - Forex Trading Library

GBPUSD seems prepared for further advance at the daily close above 1.2815. Prices are facing the first Intraday support around 1.2730. If prices hold above, more of an advance to attack the resistance of 1.2860-90 is expected as wait…
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The Euro managed to hit a 1.0830 high at closed at the target 1.0850. As we see on the chart, the market is facing a resistance trend on the triangle formation around 1.0890-1.0915.  If prices fail to break, then another drop towards…
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Rising Crude: Fear or Greed Factor? Crude prices rose to the highest they've been in two months this week. Headlines were quick to point to Hurricane Beryl, which is in the southern Caribbean. It's the largest storm (Category 5) to be…
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AUDUSD breaks resistance The Australian dollar inched higher after breaking through the psychological 0.6700 barrier. Price action looks to push higher with a spike at 0.6730, with hopes to keep the bullish bias intact. According to the…
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The Dow managed to sustain trades above the 38900 support and managed to rebound toward 39450 in the last few trading days On the Intraday chart, the first support is at 38900, which could keep the chance for some rebound correction and…
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Gold managed to hit the target of 2353-56 yesterday. As we see on the Intraday chart, the market is facing support around the 2345-50 zone. If prices remain above it, then there is a chance for a further advance with resistance at 2387.…
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Crude Oil met the target of the 83.00-60 zone and retreated as expected. Should prices remain below 83.60, a correction could hit the market with support at 80.00. Above 83.60, the market could head for a further advance toward 85.50.…
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USDJPY managed to hit a fast drop yesterday and managed to test the support 160.90. As we see over the Intraday chart, if prices hold below the resistance of 161.70, another drop could hit the market to test the 159.75-95 support, which…
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As projected earlier this week, the GBPUSD pair hit a rebound towards the target of  the1.2740-60 zone. The resistance trend zone at 1.2740-60 could push for a drop as seen on our previous chart, with supports laying at 1.2690 and…
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We are still holding our outlook for the EURUSD for the past few weeks as shown on our previous chart. The Euro managed to initiate another advance yesterday and printed 1.0815 high. Should prices hold above the support trend zone of…
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