Orbex - Forex Trading Library

USDCAD awaits breakout The Canadian dollar recovered after July’s GDP growth beat expectations. The daily chart still favors the greenback even though the hourly price action is stuck in a narrowing range between 1.2600 and 1.2800.…
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EURUSD sinks as US economy outperforms The US dollar surges to a ten-month high against the euro as the Fed tightening looms. Amid sell-off in risk assets, the greenback has outperformed thanks to its safe-haven status and the taper…
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A few weeks ago we talked about USOIL. The development of an upward impulse is assumed, which includes the primary wave ③. The 1H timeframe shows the final part of the primary third wave, where we see a completed impulse wave (3) of the…
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At the close of the third quarter yesterday, the Fed's reverse repo holdings hit another all-time-high. Virtually no mainstream media is talking about this, because it's kind of a complicated concept. But, it could have some important…
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USDJPY (USDJPY): Yen In Crisi Contro Dollaro S2: 109.09     S1: 110.70     R1: 112     R2: 112.82        Il Dollaro Usa continua a sopravanzare la valuta nipponica reagendo dai minimi di aprile a 107.5 nei confronti della valuta…
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USDCHF pulls back The US dollar stalled after higher-than-expected initial jobless claims last week. A bullish MA cross on the daily chart indicates an acceleration in the upward momentum after a three-month-long consolidation. A…
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As the first day of the month, tomorrow sees the release of PMI data from across the world. Heading into the weekend with China closed for a holiday, we could have some extra volatility in pretty much every currency pair. After the…
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