Orbex - Forex Trading Library

Markets have been rattled this week by a series of news events coming out of China. On top of a series of disappointing economic figures, there have also been a resurgence in worries about the housing industry. China's financial system is…
Read More

NZDUSD hits resistance The New Zealand dollar faltered after the RBNZ vowed to keep its cash rate unchanged. On the daily chart, the pair has slipped below May’s lows and the round number of 0.6000, putting immense pressure on those…
Read More

Please be advised that the zero spread offer mentioned in the article has now expired. Forex trading is one of the most popular forms of online trading, and it’s not hard to see why. The foreign exchange market is the most…
Read More

Yesterday there were two things that coincided which probably raised the eyebrows of a few traders. First was the news about Michael Burry. He's famous for having predicted the collapse of the subprime market, and there was a movie made…
Read More

EURUSD tests critical support The US dollar advanced after an acceleration in July’s retail sales figures. The pair is seeking support over the daily demand zone near 1.0870 at the base of the July breakout rally. This is an important…
Read More

There is a trove of data from the UK coming out this week, with two key data points that could be pivotal for determining how much the BOE will hike at its next meeting. After the GDP figures reported last week were better than expected,…
Read More

GBPUSD awaits inflation data The pound steadies as traders look for clues in July’s inflation data. Both job and retail data may stir up volatility but the CPI is likely to be a major market mover. The market has scaled back their…
Read More

USDCHF bounces higher The US dollar finds support from an increase in producer prices in July. The pair has been looking to hold onto its gains after a jump above 0.8700, turning the latter into a tested support level. The upper band…
Read More