Orbex - Forex Trading Library

The euro currency is finding it hard to breakout above the 1.1700 level, which is now turning into resistance. However, with the Stochastics positioning mixed, but likely bullish, we could expect further gains. Any move above 1.1700…
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The first US presidential debate took place yesterday. It had been eagerly anticipated by traders, US voters, and global citizens alike. Trump’s aggressive and provocative debating style is well known at this point. However, the main…
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Shares in Netflix are trading around half a percent higher pre-market on Wednesday with the US streaming giant having enjoyed a string of better demand over recent days. The current rally is in anticipation of a fee increase for customers…
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The current XAUUSD structure hints at a final impulse in wave ⑤. This is part of a larger cycle degree impulse. It consists of five sub-waves (1)-(2)-(3)-(4)-(5). At the time of writing, the market has completed correction wave (4) as a…
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AMEX's decline since January may look bearish to most analysts. However, prices have remained above the descending trend line connecting the higher lows since August's bullish breakout. In addition, the bearish ABCD pattern formed from…
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Last week, President Charles Michel called a special meeting of the European Council, That is, a meeting of the EU country leaders. However, the summit was postponed until this week. This was due to Michel possibly being exposed to the…
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AMERICAN EXPRESS (AXP.N): Tentativo di Recupero S2: 96.02     S1: 96.88     R1: 98.95     R2: 100.16 Il titolo Bancario Usa non brilla in chiave rialzista, con le quotazioni in fase di tenuta e che da tempo ruotano in area 99. Tutti…
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The precious metal is attempting to pare losses from last week as price action is trading stronger for the second consecutive day. The recovery although nascent comes after prices fell toward the 1850 handle earlier. In the process, we…
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WTI Crude oil prices are trading lower on Tuesday and were down over 3% intraday. Price action remains steady within the 41.00 and the 38.83 levels of resistance and support respectively. A breakout from this range to the downside…
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The British pound sterling is marking a correction to the upside. This follows prices consolidating near the 1.2750 handle over the past few sessions. The current gains, however, looks to be limited. To the upside, the 1.3000 handle…
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