Orbex - Forex Trading Library

The British pound Sterling has formed a double top pattern on the four-hour chart and prices broke down below this level on Friday. As a result, this bearish pattern could possibly see the cable likely to continue to push lower. The…
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The euro currency resumes the declines with prices now inching closer to the 1.2050 level of support. The declines come as the euro currency remains in a short term downtrend for the moment. This is evident from the lower highs that have…
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Promising COVID Results Shares in US pharmaceutical company Johnson & Johnson are trading higher pre-market on Friday. This comes following further positive news on its COVID vaccine this week which saw the company’s shares gap higher…
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For a while now, there has been substantial expectation about what US president-elect Biden's proposal will be on the stimulus front. Many analysts have attributed the recent run-up in stocks as an anticipation of more fiscal spending.…
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AUDNZD has witnessed a smooth rebound from the beginning of December’s lows. The ascension has seen the currency pair break through the Ichimoku indicator as another attempt at yearly highs unfolds. The next test now would be 61.8% of…
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Jobless Numbers Spike The dollar had a choppy session on Thursday. However, it maintained its stance above the 90 threshold. This comes after President-elect Joe Biden unveiled a $1.9tn stimulus plan for the US economy before he takes…
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Gold Following the volatility last week as gold sold off in response to the USD, gold prices have had a much quieter week. The gold market has traded a very narrow range at the foot of last week’s decline, hugging the 1826.71 support.…
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AUDNZD(AUDNZD): Dollaro Australiano In Recupero S2: 1.073     S1: 1.07     R1: 1.078     R2: 1.081 AUDNZD fulcra un movimento di recupero dai minimi dello scorso dicembre a 1.0415 che recupera la prima resistenza a 1,0595, spingendo…
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