Orbex - Forex Trading Library

Shares Lower Ahead of US Open Shares in US technology company Qualcomm are trading lower pre-market on Monday. The company’s stock price has seen a spate of selling over recent days. Price is under pressure following a softer than expected…
Read More

For most of the latter half of last year, crude prices remained largely stable, with WTI hovering just a little over $40/bbl. This could have gotten some traders used to a relatively flat price range for crude. But if one thing is true…
Read More

USDCHF Surges Backed by Robust Jobs A combination of fundamental and technical factors have put the US dollar in demand lately. Last Friday’s positive NFP number may have offered the buyers more assurance, as improvement in the job…
Read More

IBM (IBM.N): Resistenza Strategica a 135 Dollari S2: 120.08     S1: 120.94     R1: 122.23     R2: 122.66 Il colosso informatico USA dopo aver validato la resistenza in area 135 dollari, in fase di reazione ha violato il supporto a…
Read More

Last week’s highlights RBA surprises with more QE The Reserve Bank of Australia held its monetary policy meeting last week. In a surprise to the markets, the central ramped up its QE purchases. Following the announcement, the Australian…
Read More

The leading equity index reversed losses from the previous week to close the week ending February 5th, 2020 on a bullish note. The declines came as the VIX index pushed higher last week. This led prices to briefly test the 3674 level of…
Read More

The precious metal managed to recover some of the losses on Friday. Price action closed with over one percent gains on the day, after falling to a three-month low previously. The retracement puts gold prices close to the 1817.80 level…
Read More

WTI Crude oil prices continued to advance with price action closing near a 13-month high. Prices briefly traded close to the next key resistance level of 57.35. We could expect a push higher for the commodity to test this level firmly.…
Read More

The British pound sterling continues to hold a strong bullish momentum. The strong reversal after price fell to a two-week low has now invalidated the ascending wedge pattern. This keeps price action biased to the upside. After Friday's…
Read More