Orbex - Forex Trading Library

Since the end of March, the dollar index has been trending downwards. We can attribute a lot of this to increasing concerns about inflation, as the Biden Administration announced successive spending plans and the economy recovered. At…
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SILVER (XAGUSD): Alla Ricerca Di Un Minimo Intermedio S2: 26.97     S1: 27.42     R1: 28.28     R2: 28.69 Come commentato nei precedenti report, l’Argento dopo l’esplosione rialzista con target centrato in area 30, cioè su 2 STDV…
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EURUSD confirms bearish divergence The US dollar further recovers after the ADP showed nearly a million jobs added last month. A bearish RSI divergence in the supply area (1.2255) was a forward warning that the previous rally was…
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There is a lot riding on the result of the NFP coming out tomorrow. There are quite a few moving parts to what's going on, and it could get markets jumpy not just after the data release, but in the lead-up as well. The key question is…
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GBPUSD retreats from major resistance The pound slips due to concerns over possible delays to June 21 lockdown lifting. The pair saw strong selling interest at the supply zone (1.4200) from last February. The RSI’s failure to achieve a…
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