Orbex - Forex Trading Library

The Dow managed to break below the first support of 40500-50 while market still facing a second support around the 40000-100 zone. As we see over the chart and as long as the market holds above the support 40000-100, a chance for another…
Read More

Gold managed to print a 2393 low last week while the market still holds trades above the second support 2388. We predicted last week, if prices hold above 2388 a rebound correction could hit toward 2480. As we see over the chart market…
Read More

Crude Oil managed to have another drop as the market pushed below the resistance 82.50. The market managed to meet the first target at 79.25-80.00 zone with another drop ongoing towards the second targets at 77.50 and 76.00. The first…
Read More

USDJPY managed to hold below the resistance 157.90-158.15 and managed today to break below the first support 156.95. As long as prices hold below this zone, another dip toward 154.50 is still expected. Above 158.15 more advance will be…
Read More

We look to our previous outlook for the last few weeks as the GBPUSD managed to test the support of 1.2900 last week and held above. As we see over the chart the market is facing the first Intraday support around 1.2900. If prices hold…
Read More

We are still holding our previous outlook since last week as the Euro managed to test the support 1.0860. As we see over the Daily chart, prices now face the 1.0860 support level where as long as market holds above, then the advance wave…
Read More

Wednesday sees the release of a series of data points from around the world that typically have an impact on the markets. Global PMIs surveys are among the 'freshest' data available to traders. The flash figures, which we will be getting…
Read More

AUDUSD failing from peak The Australian dollar fell further as slowing inflation allowed the RBA to ease its hawkish stance. The impact of the RBA Inflation on market sentiment is evident as the pair continues to lose ground after it…
Read More

AUDUSD retreats as RBA becomes dovish The Australian dollar weakened after a bullish run saw over 200 pips being added to the pair since last month. The pullback came despite further losses in the US Dollar, even as US yields traded in a…
Read More