Orbex - Forex Trading Library

GPBUSD managed to meet the first target at 1.2640 and also managed to move a few pips below. As seen on the chart and as we mentioned before, a rebound correction from this zone could hit the market before the Pound heads for a further…
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Our previous model is still valid with the EURUSD pair as we see on our previous chart. The market moved close to the triangle support trend around 1.0650, if prices hold above this support, a rebound correction could happen with…
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Last week's UK CPI and the results of the BOE left the pound in a somewhat unique situation. The more pressing matter for traders is trying to figure out if there will be a rate cut at the next meeting. But a broader view of the major…
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USOIL (Crude OiL WTI)  hitting fresh highs Crude OiL WTI hits another fresh high as economists expect a test at the $100 in the next few months. As a show of resilience, the price has managed to stay above the psychological floor of…
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GBPUSD remains under pressure BoE interest rates kept Cable downbeat as they remained on hold., denting Conservative hopes of a boost to finances just two weeks before the general election. With labour expected to take a victory with…
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Where Is the Euro Weakness? Typically, when the central bank moves towards easing, the market reacts by weakening the currency. Two weeks ago, the ECB cut interest rates for the first time in this cycle. Yet the Euro remains relatively in…
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USDCHF bounces back The CHF softened as the greenback moved over 100 pips to break the 0.8900 level. After a progressive rally for most of the past month, a sharp turnaround saw buyers step back into the frame. Bulls must clear the next…
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US financial markets are in a bit of disarray at the moment, as there seems to be data pointing in opposite directions. While this uncertainty could be good for the dollar in general, there does seem to be a decided risk-on attitude that…
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