Orbex - Forex Trading Library

The precious metal is trading flat on Thursday following the sharp declines from the day before. Price action has not yet tested the 30 November lows of 1764.22. For the moment, we expect gold prices to consolidate between 1817.80 and…
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Oil prices are down over one percent on Thursday. The declines come after the commodity rose to intraday highs of 62.22 before giving back the gains. The overall bias in crude oil remains to the upside. Therefore, unless there is strong…
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The British pound sterling posted a strong reversal snapping a two-day losing streak. Price action was bullish as it broke past the previous highs near 1.3950. On an intraday basis, the GBPUSD rose to highs of 1.3985 before giving back…
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The euro currency is making a solid recovery, in a bid to recoup the losses from Wednesday. Price action is posting a reversal after it broke out from the long term daily trendline for the second time. However, the current pace of…
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CISCO(CSCO.OQ): Supporti In Fase Di Validazione S2: 45.43     S1: 45.89     R1: 46.60     R2: 46.85 Il trend di CISCO è visto sempre in fase rialzista, ma sul breve periodo le quotazioni dopo aver fulcrato un re-coil sui massimi a…
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Shares in US bank Citigroup, the country’s third-largest bank by assets, are trading down ahead of the US open on Thursday. The company’s stock price has seen plenty of volatility over 2021 so far. Citi started the year with a 16% rally,…
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The day before yesterday, Bank of America published a survey of investors. It showed that the vast majority believed that the US equity markets were in a bull market. It split along 53% believing the stock market was in the late stage,…
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Gold It’s been a disappointing week for gold bulls. Following the recovery rally seen across the first week of February, the gold market has swung back into net sales this week. Gold prices are falling from highs of around the mid-1826…
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EURGBP has seen a downward spiral since the start of the year, with prices continuously trading in a descending channel. After a short revival and a peak at the 0.92 region, bears entered the market and the freefall began. The trend has…
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