Orbex - Forex Trading Library

AUDUSD boosted by the RBA The Australian dollar continued its comeback as the RBA decision held off on cutting interest rates for now. As the pair searches for a full recovery to the previous swing high at 0.6700, a bearish RSI…
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There is a lot of expectation around tomorrow's Swiss National Bank (SNB) meeting, and either outcome could jolt the Swissie. A lot has happened since the last time the bank has met, or at least traders are behaving like they think so.…
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US30 fails to recapture recent high The Dow Jones 30 steadies as traders await more news of a jump in tech stocks. A close above the daily resistance of 39000 would help bulls regain control of the direction, with a bullish MA cross…
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Cable is in for a potentially rough couple of days with upcoming economic events. That is, unless a series of particular notes is reached that matches a lot of different expectations. All eyes are on the BOE rate decision on Thursday. But…
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USDJPY corrects from recent peak The JPY remained subdued after the BoJ kept its policy unchanged. The double bottom at 155.60 has seen a continuous bullish drive, and the 200-pip push has kept buyers in the driving seat. May’s swing…
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There is near unanimous expectations that the RBA will stick with the "hold club" of central banks when its two-day meeting ends tomorrow. That's a bit in spite of some of the recent data trends, such as the slowing economy and the pain of…
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AUDUSD breaks another support The US dollar continues to gain traction across the board after the Fed held its cash rate. The current rebound from the 0.6700 top has kept momentum to the downside. Now that buyers are seemingly out of the…
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As mentioned last week and as seen on our previous chart, the Dow is facing two main resistances around 38900 and 39220. If prices remain below one of those resistances, the. another drop toward 37700 will be expected. Above 39220, more…
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