Orbex - Forex Trading Library

The Dow managed to advance above the 40500-50 resistance which could push for a further advance toward 41100. As we see on the Intraday levels chart, prices are facing support around 40400-50 where as long as the market holds above this…
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Gold managed to advance above the 2388 level and managed to re-test the downtrend channel resistance around 2403-05 last week and today. As we see on the chart and as long as the market keeps holding below this resistance, then another…
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Crude Oil managed to meet the target of 76.00-50 as we previously predicted. As we see on the chart the market is still holding above the support 76.00 despite the market hitting a few pips below it last week. If prices keep holding above…
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USDJPY managed to sustain trades above the support of 151.80 and managed so far to rebound toward 154.70. Prices managed to re-test the support of 153.10 twice so far. Market will face the first Intraday resistance around 155.35 which…
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The GBPUSD pair fell below the support 1.2900 where we projected before that below this level more of a drop toward 1.2730-50 could hit the market. Intraday resistance is at 1.2940-55 where as long as the market holds below it, more of a…
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The Euro fell below the support of 1.0860 as the market fell back inside the old triangle formation which could push for a further drop toward 1.0700. As we see on the chart and as long as the market holds below 1.0870, the downtrend…
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Get ready to trade the NFP Live webinar on 2-8-2024 with our leading experts! Join our resident US market specialists, David Kindley and Daniel John Grady for an exclusive live webinar on the upcoming Non-farm Payrolls release, on August…
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EuroZone Q2 CPI, GDP, and Chances the Euro Can Resume the Trend? The Euro could get jostled around a bit this week with a series of very influential data that will jostle for pole position to drive the shared currency. Chief among them is…
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XAUUSD bouncing back Gold slide after upbeat GDP data came in higher than expected. However, the price seems to have secured a foothold around the psychological level of 2400, and a series of higher lows combined with a tentative break…
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USDCAD jumps as The Bank of Canada cuts again The Bank of Canada lowered its interest rate again by 25 basis points in hopes of continuing its balance sheet normalisation policy. This has led to a significant drop in the Canadian dollar,…
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