Orbex - Forex Trading Library

The met the target and resistance of 1.3360-70 and managed to print a few pips above it. As we see over the Intraday chart, prices face the chance for some a correction towards 1.3250-60 before advancing back again. Above 1.3385 more…
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Prices advanced above the downtrend line as we see from the previous chart which could push for further advance. The market is facing Intraday support around 1.1590, where as long as prices hold above it, the advance could continue toward…
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( FTSE ) UK 100 breaking lower ( FTSE ) UK 100 broke lower through its recent consolidation zone, with prices holding out for support. Stiff selling could be expected if price action drops below 9600, as previously trapped bulls would…
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The Aussie has been gaining some strength in the days ahead of the RBA rate decision, thanks to improving commodity prices. The AUDUSD has also benefited from a weaker dollar ahead of the Fed. The upcoming central bank meetings could…
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The beginning of every year has traders wondering where to invest next. Should portfolios be rebalanced, or remain the same? Has an asset reached its peak, and now it’s time to sell the winners and buy the losers? Or is it a good idea to…
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Nasdaq 100 (NAS 100) tests resistance The Nasdaq 100 index has recouped most of its losses from the November sell-off as sentiment remains cautious. The spike at 25600 is a key obstacle where a breakout could ease any signs of selling…
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(XAUUSD) the gold stuck sideways (XAUUSD) the gold continues to feel the squeeze as prices get caught up in a consolidation battle. As the Fed seeks to control the direction of the dollar and gold through the end of the year, the…
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China will report its trade balance early on Monday, with markets looking at the data for indications about the health of the global economy. Traders have largely moved on from the tariff narrative and are adapting to the "new normal" as…
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