Orbex - Forex Trading Library

EURAUD finally broke through the six-month trend line. The last few trading sessions saw further downside, after a brief recovery in the first half of December. Prices are currently looking for yearly lows as the latest long-term…
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AUDNZD(AUDNZD): L’Oro Stabilizza Il Dollaro Australiano S2: 1.059     S1: 1.0624     R1: 1.068     R2: 1.0702 AUDNZD recupera la prima resistenza stimata in precedenza a 1,0505, spingendo in “boost” fino a 1.0668, ricostituendo un…
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Congressional Leaders Compromising on Stimulus The US index fell by 0.25% on Tuesday as it gravitated back to a 32-month low. This comes as Congress leaders double down on efforts to break the long-standing stimulus deadlock by the end…
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The precious metal is trading over 1% on Tuesday. The gains come amid fresh talks in the US Congress about a new proposed coronavirus stimulus bill. If this bill is passed, this would put an end to the weeks of speculation in the…
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Oil prices are trading bullish once again following the previous few sessions where price action was rather subdued. As the bullish momentum slowly grips, oil prices are seen advancing to the previously formed nine-month high. A…
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The British pound sterling continues to trade flat albeit, price action is firmly supported above the 1.3300 level. Following the gap higher at the start of the week, the GBPUSD has been pushing lower. For the moment, there remains an…
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The euro currency is once again back on the front foot as price action inches closer to test the previously established two and a half year high at 1.2176. The gains come as the common currency eased back from its declines earlier this…
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Shares in Bank of America are trading a little lower pre-market on Tuesday. Following the recent rally from the September-November lows around the 23.00 level up to highs of 29.36, BAC shares have since retraced to 28.22 pre-market…
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While the press focuses on the potential ramifications of the scheduled conversation between UK PM Johnson and EC President von der Leyen (again), data is still coming out, driving the markets. There has been an improvement in sentiment…
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The current AUDUSD structure hints that the primary triple zigzag cycle wave b has completed. Impulsive wave (C) reached equality with wave (A) at the level of 0.757. It is likely that the currency pair could fall to the minimum below…
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