Orbex - Forex Trading Library

The precious metal gained strong momentum as it initially approached the key resistance level of 1929.80. The bullish gains saw a sharp move to the upside with the 1967 level as the next key target. It is possible for gold prices to…
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Oil prices continued to pullback after the gains over the week that saw the 38.83 level of resistance being tested. The declines have put price action to trade within the 38.83 and 36.51 levels in the near term. The support level near…
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The British pound sterling posted gains on Friday and is now a few pips shy of posting a two-month high. Price closed above the 1.3122 level of resistance on Friday. But with price action consolidating only above this level, we could…
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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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