Orbex - Forex Trading Library

The S&P500 index closed rather flat following two consecutive weeks of declines after touching new all-time highs. However, in the process, the trend line that we were closely watching broke, pushing prices lower. On a daily…
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EBAY (EBAY.OQ): Trend Ribassista In Corso S2: 50.27 S1: 50.64 R1: 51.53 R2: 52.02 Il colosso USA delle vendite on-line EBAY dà segni di importante cedimento rompendo in gap i supporti a quota 50 dollari, avvenuto con volumi in…
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Last Week’s Highlights US Retail Sales Rise 0.6% in August The monthly retail sales report showed that American consumers continued to increase spending on retail items in August. The report showed a fourth consecutive monthly…
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The precious metal continues to trade sideways with the weekly session closing almost flat for the second week. However, prices are trading ever closer to the trend line on the weekly chart. The failure to move higher could signal a…
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Oil prices managed to make an impressive recovery with price action recovering nearly half of the declines set off in the previous two weeks. As a result, oil prices are now trading near the 41.00 level. There is, however, a strong…
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The euro was trading rather flat, posting just a 0.09% decline on Friday. Price action is steady above the 1.1800 level after managing to rebound from the long trend line. If the current momentum continues, then we might see a retest…
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The British pound sterling managed to reverse the declines to retest the 1.3000 handle on Friday. However, price action failed to breakout past this level and turned lower as a result. This possibly marks a double top pattern that is…
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Shares in US technology firm Microsoft are trading around 1% lower pre-market on Friday. The company recently confirmed that it will pay $3,000,000 in interest-added back pay in a bid to conclude a US Federal investigation into claims that…
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A lot of the media coverage of the Internal Markets Bill has focused on the controversy of the story more than the underlying issues. This is particularly true of the coverage outside the UK. This is probably because it's a complicated…
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