Orbex - Forex Trading Library

Crude oil prices are down over three percent on Monday. The declines come as oil traders turned skeptical following news of a new coronavirus strain. It was discovered in the UK, followed by Australia among other countries. This new…
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The British pound sterling gapped lower on the open on Monday. Prices fell steadily to intraday lows of 1.3289 before reversing direction. This also coincides with the 11 Dec gap. Back then, the GBPUSD gapped higher on optimism due to…
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The euro is looking to make back the losses from earlier in the day. After prices fell to a two-day low, the euro quickly recovered from the declines. This coincides with the trend line and the horizontal support near 1.2177. A…
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Air France Lower Pre-Market Shares in Air France are trading around 10% lower pre-market on Monday as a fresh wave of European lockdowns and travel bans has hit the aviation sector. Airline stocks had been rallying over recent weeks…
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GBPCAD Awaits Brexit News Breakout While the nine-month-long consolidation has offered substantial range-trading opportunities, all good things come to an end. A breakout might be imminent as a Brexit deal or a lack of it beyond…
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Tomorrow we get the final reading of the US' Q3 GDP numbers. We've already had the official adjustment, so there is little expectation that we'll see any major change. And we are nearly at the end of Q4 at this point. So, aside from…
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APPLE(APPL.OQ): Solido Trend Rialzista S2: 124.18 S1: 125.21 R1: 128.19 R2: 130.14 Il titolo Apple è visto in fase di assestamento, dopo i massimi segnati appeno sotto quota 130, ma le implicazioni tecniche assunte depongono sempre…
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The AAPL structure hints at an impulsive trend consisting of primary sub-waves ①-②-③-④-⑤. Horizontal correction wave ④ has taken the form of a contracting intermediate triangle. Currently, wave ⑤ consists of sub-waves…
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Gold prices have bumped up higher on Monday's open. The gains come amid a modest risk-off sentiment in the market. Gold prices, alongside the US dollar, are currently gaining ground. The precious metal, having already firmly…
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Crude oil prices are trading weaker on Monday after prices rose past the 49.00 level on Friday. The declines in the commodity currently reflect the market sentiment. Also, the strong gains in oil prices over the past few weeks make it…
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