Orbex - Forex Trading Library

US beverage titan Coca Cola announced this week that it will continue to press ahead with plans to transition further away virgin oil-based plastic. They have committed to using only 100% recycled plastic (rPET) in two more markets; the…
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Options trading is a really popular alternative to trading most equities classes. But they are virtually non-existent among retail forex brokers. Forex options do exist, of course; but generally, you have to go to a bank or major trading…
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The EURUSD structure hints at an impulse consisting of primary sub-waves ①-②-③-④-⑤. Wave ⑤ is not yet complete as we are currently in the final part of the specified impulse. The uptrend is expected to end with the currency pair set…
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GBPJPY opened the month on a bearish tone as prices trade at a 6-week low. An ascending channel created from March has seen a test at the upper region. However, since then a bearish divergence on the momentum indicator has triggered a…
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Investors Find Safety in the Greenback The US index closed 0.50% up at its highest level in a month on Tuesday. The index rose as traders reacted to the news that AstraZeneca had paused a COVID-19 vaccination trial.  This was due to a…
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NATURAL GAS (NGAS): In Corso Onda 4 Correttiva S2: 2.26     S1: 2.33     R1: 2.53     R2: 2.66 Come si scriveva nel report precedente, le quotazioni del Natural Gas hanno testato una importante resistenza stimata in area 2.65 ed…
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The precious metal is also feeling the brunt of a stronger US dollar. While price action accelerated to the downside on Tuesday, we see a rebound just close to the 1900 region where support has held up so far. Still, the lower highs…
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Oil prices resumed the bearish outlook with declines of more than 7% on Tuesday. This comes after the US markets re-opened after being closed on Monday due to the Labor Day bank holiday. Oil failed to find any support near the 39.00…
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The British pound sterling continued its descent as prices failed to hold up near the support level of 1.3122. Failing to rebound, the declines continue with GBPUSD now trading close to the 1.3000 handle. We could expect to see a…
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The euro currency gave up the 1.1800 handle on Tuesday, but price action is still hovering close to this level. Overall, the 1.1700 handle now comes into the picture. Further declines could see the common currency pushing down to test…
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