Orbex - Forex Trading Library

The common currency continued with a four-day winning streak, closing with gains on Friday. The price action over the week in the EURUSD reversed all the losses from the previous weeks. As a result, the euro closed at 1.1875 into…
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Uber Price Remains Near 15-Month High Uber stock trades at a fresh 15-month high of $42.25 premarket on Friday despite having reported big losses for Q3. Ride-sharing was the most hurt business from the pandemic as it saw a 53% plunge…
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The political world in the US remains on tenterhooks. Days later, we are still waiting for the latest numbers as the election is too close to call. At any moment, a final count could come in to put an end to the race, either in Biden or…
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USDCHF(USDCHF): USD A Caccia Di Un Supporto Su CHF S2: 0.896     S1: 0.901     R1: 0.911     R2: 0.918 Fino a quando le quotazioni di USDCHF rimarranno sotto 0.920 le prospettive ribassiste, già delineate nei precedenti report,…
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The current AMZN formation hints at a bullish impulsive ①-②-③-④-⑤ trend of the primary degree. The first four parts of the pattern are fully complete. Corrective wave ④ took the form of a double zigzag, which consisted of intermediate…
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The Fed Holds The US index fell 0.87% on Thursday, dropping to 2-months lows as the Presidential race rages on. Joe Biden‘s lead seems to be advancing as more and more votes are confirmed. However, Donald Trump is not taking this lying…
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The precious metal rose over 1.6% intraday following the volatility on Wednesday. Price action is now back near the familiar 1929.80 level. The precious metal attempted to breakout past this level on the previous two occasions but…
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Oil prices have made a strong recovery, just days after slipping to a three-month low. Price action continues to move higher, fueled by the dollar weakness. This has pushed oil prices toward the 38.83 handle once again. In order…
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The British pound sterling shrugged aside the BoE decision to add more stimulus. The currency managed to trade bullish, gaining over 0.70% intraday. The gains saw the cable rising above the 1.3000 handle. However, the sideways range…
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