Orbex - Forex Trading Library

On Friday, WTI Crude oil prices closed with back to back losses. This led to the weekly price action closing in the red after prices briefly rose above 61.35 earlier in the week. The declines come after oil prices have been moving in a…
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The British pound sterling has closed with gains for six consecutive weekly sessions so far. The gains put the GBPUSD over a three and half year high, closing on Friday at 1.4018. This puts the currency pair near a multi-year…
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The euro currency managed to pull back after hitting a two week low during the week. Price action remains steady within the 1.2050 and 1.2144 levels for the moment. The overall trend remains flat with the key price level established.…
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USDJPY(USDJPY): Prospettive Positive Per JPY S2: 104.95     S1: 105.18     R1: 105.71     R2: 105.98  Configurazione negativa di natura impulsiva per il Dollaro Usa nei confronti della valuta nipponica, in raccordo alla precedente…
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Amazon Lower Pre-Market Shares in US tech company Amazon are trading a little lower ahead of the final stock trading session of the week. The company’s shares have seen very congested price action over recent months with price settling…
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Dollar Cut Short on Jobless Numbers The US index halted its recent ascent as it closed 0.33% lower on Thursday. The greenback slumped after the US government reported a larger than expected reading for initial jobless claims.…
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The price of WTI appears to have peaked in the middle of the week, as the weather conditions in Texas are improving. This, despite many refineries still shuttered in the region after the once-in-a-century cold front devastated the area.…
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NZDJPY has seen an impressive ascent from the recent 2020 lows witnessed during the height of the pandemic. Since then, prices have been trading in an encouraging ascending channel. A few tests at the lower border of the channel has seen…
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Crude oil prices have broken out to fresh one-year highs this week as the market continues to derive demand amidst the ongoing bullish sentiment across risk assets recently. With traders focusing on the US economic recovery, the prospect…
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