Orbex - Forex Trading Library

The dollar will have a pretty active week, with several key data points being released starting with Durable Goods Orders later today. The next event is Thursday's release of the Fed's preferred inflation measure, PCE (the last before the…
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USDJPY double top resistance Inflation data dropped again in Japan, which halted the yen's decline against the dollar. On the chart, a bullish MA has failed to move above the recent double top above 151.00 in the near term. The pair…
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Tomorrow sees the release of the latest CPI report from the BOJ. But analysts generally expect it to largely feed into general rhetoric that seems to suggest that ultra-easing won't change. The thought was that if inflation picked up in…
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XAUUSD begins consolidating Bullion steadied as the US dollar lifted briefly after days of weakness. The precious metal consolidates around the 2030 zone in the gold market as buyers look for another $40 jump. 2038 is the immediate…
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The Nasdaq 100 retraces as AI stocks flourish The Nasdaq 100 saw a slide away from record highs as the Fed remains cautious about its monetary policy. However, with Nvidia jumping over 12% as revenues soar, this strong performance will…
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The latest data could be pointing to further downside for the Euro, even taking into account the recent drop. This trend could accelerate if US figures next week confirm the positive trajectory for the economy. Although another dip into…
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The FTSE 100 falling from its peak The FTSE 100 turned lower on fears of a deep recession in the second quarter. The RSI’s overbought condition indicates overextension, though there is no confirmation of a fallback yet. 7650 is the…
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The US has been reporting growing inventories over the last several weeks, yet the price of Crude's not only hasn't gone down, it has actually increased. What happened to the law of supply and demand? It would be…
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