Orbex - Forex Trading Library

Crude oil still holds the advanced wave, with prices moving toward the 83.00-60 target zone. The market could sustain this trading zone where support is still around 80.00. Above 83.60, the market could head for a further advance…
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As seen on our previous chart, we still hold our previous outlook for the EURUSD. The market closed from the triangle support trend and managed to print a 1.0665 low last week. If the market holds above the support trend of 1.0650, a…
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GBPUSD still shows chances for a rebound correction toward 1.2740-60 if prices keep holding above the 1.2610-25 support. Below 1.2610, more of a drop will be expected, with the target towards 1.2450. Above 1.2770, the market could add…
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European Inflation: Enough to Resume Slide? The Euro experienced a bit of a relief rebound early on Monday following the election results in France. But uncertainty remains until the second round this weekend. And the data has been…
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USOIL remains bullish WTI crude continues the rally due to supply threats over recent geo-political tensions. The price remained bullish after moving over $10 in value this month. A series of failed dips in price action sees bulls firmly…
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As we projected yesterday and as seen on our previous chart, the Dow managed to sustain trades above the 38900 support and rebounded toward 39275. As we see on the Intraday chart, the first support is at 38900 which maintains the chance…
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Gold managed to break above 2318 where the market is now inside our target zone of 2335-38. As we see on the chart, a possible trading zone between the support 2315-18 and resistance 2358-60 could hold the market while eyes on US PCE index…
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As projected earlier this week and as seen on our previous chart, Crude Oil managed to sustain an advance on escalating risk in the Red Sea. Intraday levels show the first support at around the 80.00 zone. If prices remain above this…
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As seen on our previous chart,  the USDJPY pair managed to break above the 160.00-20 resistance zone which could keep the uptrend toward second target of 162.00. As we see on the chart, the market is facing the first intraday support…
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As we predicted early this week and as we see on our previous chart, the GPBUSD pair managed to meet the first target of 1.2640 and moved lower. The market also managed to hit a rebound correction toward  the 1.2700 level while the…
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