Orbex - Forex Trading Library

On the chart, Intraday levels show continuous pressure on Gold with support still around 2277. If the market holds trades below the resistance of 2350-60, the market could sustain this trading zone. Below 2277, more of a drop towards 2230…
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Crude Oil is still holding an advanced wave with the target still towards 80.40. As we see over the Intraday chart, the market is facing the first support around 76.90, and if prices remain above, then an advance toward 80.40 will be…
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USDJPY finally met the target of 158.00 today. As seen on the chart, the market could sustain this trading zone between support 155.70 and resistance 158.00. Above 158.00, the chance for a move toward 160.00 is likely. Below 155.70, more…
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We continue with our previous outlook from a few weeks ago, despite the market spike above 1.2815. As seen on the chart and if the market holds below 1.2800-15, then a further drop will be expected with supports at 1.2640 and 1.2450. A…
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The Euro dropped further due to the fallout of the political turmoil in France. Prices closed at the triangle support trend line around 1.0650. If the market holds trades above this support, then a rebound could have a chance with…
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Crude Oil advanced above 76.50, which could maintain the current advance for a while. As seen on the Intraday chart, prices face support around 76.00, where if prices hold above, the advance movement could sustain to the resistance zone…
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UKOIL (Brent crude) on the road to recovery Brent crude continues to push the boundaries of recovery as it aims to recapture the 84.00 level. The recent gains came as economists see summer fuel demand pushing the market in the coming…
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Oil prices have been on a bit of a roller-coaster lately. Falling to four-month lows in early June, then rebounding. The price dropping after OPEC+ affirms its plan for production cuts, rising after the dollar ends up a little stronger.…
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USDJPY bounces back The US dollar bounced after a dovish signal from the Bank of Japan. The pair managed to bounce back after falling over 100 pips due to the latest CPI data from the US. The latest surge above 156.50 has prompted…
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The yen has been behaving pretty well lately, keeping mostly below the 160 handle against the dollar that has become something of a line for Japanese financial authorities. That's despite a series of data points coming out from the US that…
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