Orbex - Forex Trading Library

The euro currency is on track to post the first daily decline in five days. The declines come after a steady bout of daily gains. Prices briefly rose to the 1.1900 handle, but the common currency quickly reversed gains. With the Fed…
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Uber Appealing License Block Shares in US technology company Uber are trading almost 3% higher pre-market on Tuesday. The company has made headlines again this week with news that it will be in court today in an effort to win back its…
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There has been a lot of speculation about what the FOMC could decide at their two-day rate decision meeting which ends tomorrow. Interest rates, as expected, are likely to remain the same. However, there has been a lot of talk…
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USDTRY hit record highs as it pressures the psychological 7.50 barrier. An ascension from the beginning of the year saw a pullback in May. After a lengthy consolidation, we have witnessed strong bullish behavior with prices moving far away…
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Time is Running Out For Stimulus Decision The US Index was losing grip from the start of the week as it closed 0.18% lower yesterday towards 93. Weakness in the US dollar across the board was evident as the economy looks to hopes of a…
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The precious metal is trading stronger on Monday, with gains driven by a weaker USD and the Fed meeting. Price action is a few points away from the 1967 level which held up as resistance earlier on. A breakout above this level could…
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Oil prices are trading soft with price action attempting to pare losses from last week. Still, prices are hovering near the 37.00 handle. To the upside, the main resistance is seen at 38.83, while to the downside, last week's lows…
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The British pound sterling is holding a steady pace of gains since last week's reversal, just near the 1.2800 handle. With the current bullish momentum, price action could be reaching for the 1.3000 handle next. But if resistance puts…
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