Orbex - Forex Trading Library

Shares in Drugmaker Pfizer are trading a little lower ahead of the market open at the start of the week. Despite the sales, Pfizer shares have been higher over recent weeks. Price rallied up off the 2021 lows of around 33 though prices…
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Tomorrow and Wednesday we have a couple of the most important data releases for the pound this month. The general trend for the currency right now is pretty much down to expectations around the covid recovery. BOE officials have stressed…
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With the US dollar resurging, the euro is likely to push lower in the coming days. This is evident from the fact that price did not break past the 1.1952 level last week. The consolidation near this level indicates the potential…
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The current USDJPY structure indicates that an impulse primary wave Ⓐ is under formation. This wave consists of intermediate sub-waves (1)-(2)-(3)-(4)-(5). The intermediate wave (5) of this impulse consists of minor sub-waves 1-2-3-4-5.…
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EURUSD consolidates as reopening at stake A dovish US Fed has put the brakes on the US dollar’s advance. But for the euro to bounce back in a convincing manner, investors will need an internal catalyst. If the EU can coordinate an…
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AUDUSD tests key support In Australia’s worse-than-expected retail sales, traders saw not a reason to dump, but rather an opportunity to get in for cheap. After the RSI shot into the overbought territory post-FOMC, the indicator…
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USDZAR(USDZAR): Dollaro In Validazione Sui Supporti S2: 14.30        S1: 14.62     R1: 15.41     R2: 15.88 L’importante progressione ribassista per USDZAR sembra essersi esaurita, con il Dollaro USA che dopo aver trovato sostegno in…
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