Orbex - Forex Trading Library

The euro currency continued its attempts to break out from the resistance area near 1.2177 and 1.2144. However, price action closed somewhat flat, resulting in a Doji close on Friday. The Doji pattern in the resistance area could see a…
Read More

66% Drop in Earnings Shares in IBM are trading heavily lower pre-market on Friday following a mixed set of Q4 earnings, released yesterday. While headline earnings were better than expected at $2.07 versus $1.81 forecast, EPS was still…
Read More

GBPCHF has seen a choppy price action for the previous quarter, with a failed double top leading prices down to the 1.17 area in the back end of 2020. Since the turn of the new year, the bias has been firmly on the upside as the currency…
Read More

Greenback Fades as Bears Take Control The US index dropped towards the 90 handle again as it closed 0.37% lower on Thursday. Joe Biden’s first day in the White House saw him overturn many of Trump’s executive orders, as America awaits…
Read More

The crude market saw a much quieter period of trading this week. Price remained in a block of consolidation just beneath the recent highs. The weakness in the US dollar over Q4 of 2020 saw the crude market expanding over 50% to the…
Read More

DAX (Germany30): Dax Riattacca I Massimi Storici S2: 13,700     S1: 13,801     R1: 14,026    R2: 14,110 L’indice tedesco DAX ha guadagnato moderatamente forza relativa superando di slancio quota 13,800, resistenza motivata da più…
Read More

The precious metal is giving back some of the gains made on Wednesday, after rising to a nine-day high on an intraday basis, prices are pulling back. This comes as investors wait on further announcements from the new Biden…
Read More

Crude oil prices trade mixed as the developments on the ground unfold. With the new President Biden being quick to rejoin the Paris climate accord, speculators expect further changes on fossil fuel. President Biden was quick to announce…
Read More