Orbex - Forex Trading Library

Just as markets were beginning to adjust to the situation in Venezuela, new geopolitical risks have emerged, which could leave markets on edge going into the weekend. The largest protests in years have erupted in Iran, with US President…
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(SPX 500 ) S&P striving for another record The (SPX 500 ) S&P holds onto gains as big tech and AI stocks continue to benefit from investor sentiment. The index is grinding above the psychological 6900 level, a major crossroads:…
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Friday marks the first on-time US NFP release since the shutdown began, allowing it to return to its market-moving position. The expectation is that the US job market will remain slack, which will justify further Fed easing. But there is a…
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Metals took another step lower as fresh profit-taking pulled the markets lower. As the Non-Farm Payrolls remain subdued, will safe haven buying come back into force? Timestamps XAUUSD 00:25 XAGUSD 01:45 Test your trading…
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The Dow managed to met the target at the 49500-600 zone. As we see over the previous chart, market facing the uptrend channel resistance line around 49800-50000 zone which may push for some drop correction toward 48760 As…
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Gold managed to met targets 4467, 4488 and still looks toward 4520. As we see over the chart, prices face supports at 4428-43 and 4388-98, where as long as the market holds above it, the advance could sustain towards 4520, 4550…
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Oil managed to hold below the downtrend line early today to drop and close towards the support of 54.80. As we see over the previous chart, if prices hold above 54.80, a chance for a rebound toward 57.05 and 58.00 could hit the…
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USDJPY still holds trades a trading channel. As we see over the chart and as long as the market holds above 156.10, another advance toward 157.30 and 157.75 will be expected. Below 156.10, the risk for a further drop towards…
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GBPUSD fell below the first support of 1.3490 which created some pressure over market as the second support is still at 1.3400. As long as the market holds above 1.3400, the scenario for another advance towards the 1.3610-40…
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The Euro managed to break a Rising Wedge formation which could cause a downturn towards 1.1490. As we see over the Intraday chart, prices still face a support zone at 1.1600-50, which could lead to an advance higher. Below…
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