Orbex - Forex Trading Library

Crude oil prices were trading lower on Wednesday. This comes after the weekly inventory report showed a mixed picture with gasoline inventories rising while crude stockpiles falling. The decline in oil prices comes after a brief attempt…
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The British pound sterling rose more than 1% on Wednesday. The gains were primarily driven by progress in the Brexit talks. Price action is now trading above the 1.3000 level, which held up as resistance previously. With the strong…
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The euro is holding onto its three-day winning streak. Price action is trading closer to the 1.1900 level which has held up as resistance as early as September 21. The current pace of gains will see a possibility for the EURUSD to…
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The current XAUUSD structure shows a bullish impulsive trend of a cycle degree. On the 1H timeframe, we see the final section of wave V, which is the final one in this trend. After the end of the intermediate impulse (3), a bearish…
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Earnings Miss, Revenues Beat Shares in US streaming giant Netflix are trading over 5% lower pre-market on Wednesday following a weak set of Q3 earnings yesterday. Netflix reported third-quarter earnings per share of $1.74, undershooting…
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USDCHF(USDCHF): USD A Caccia Di Un Supporto S2: 0.905     S1: 0.910     R1: 0.918     R2: 0.921 Dopo aver abbandonato il supporto a 0.920 USDCHF si è avvitato trovando un sostegno in area 0.91. La resistenza più importante è stimata…
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Last month, the markets were taken completely by surprise when the CBRT raised interest rates by two percentage points. That 200 basis point increase, in comparison to other central banks, is the equivalent of four 'raises'. The…
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Senate Republicans Diminish Pandemic Deal The US dollar index slipped to its lowest point since September, closing 0.40% lower yesterday. Renewed expectations and uncertainty for additional US fiscal stimulus and a coronavirus vaccine…
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The precious metal is trading mixed with price action steady near the 1900 -1911.50 level. There is a minor resistance level building up near the 1920 handle. If price action breaks past this level, it will potentially trigger further…
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