Orbex - Forex Trading Library

The euro currency has been trading higher for the most part since the markets opened on Monday. Price action is on track, inching closer to Friday's highs. But a close above 1.1900 could confirm further upside in prices. To the…
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Shares in US aircraft manufacturer Boeing are trading down just a little under 1% premarket on Monday. Boeing has been back in the headlines this week. This is due to reports on the testimony of two of the company’s top executives regarding…
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Getting a handle on the market reaction to the German Economic Sentiment Indicator by ZEW is notoriously complicated. Often, the market will not react immediately following the data release. It tends to shift later in the day and…
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The USDJPY structure indicates a double zigzag of the primary degree. The last leg of this double combination is in development. The bullish primary wave Ⓨ consists of intermediate sub-waves (W)-(X)-(Y)-(X)-(Z). Zigzag wave (W) is fully…
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CITYGROUP (C.N): Prova Di Tenuta Dei Supporti S2: 50.27     S1: 50.64     R1: 51.53     R2: 52.02 Il titolo Bancario Usa non brilla in chiave rialzista, con le quotazioni in fase di tenuta e che da tempo ruotano in area 49.20. Tutti…
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Last Week’s Highlights Eurozone Economy Contracts Less than Forecast in Q2 The revised Q2 GDP data from the eurozone had some good news. Economic activity fell at a slower pace than initially reported. The Eurozone's GDP fell at a pace…
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EURGBP Surges as Brexit Talks Stall The British pound slipped into troubled waters after Brexit became the flashpoint once again. Boris Johnson's Internal Market Bill, which could override the withdrawal agreement in regards to…
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The S&P500 index pulled back after touching a new all-time high. However, with the 3388 support giving way, the index closed lower. The break of the minor rising trend line saw price attempting to pull back once again. But the…
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The precious metal is consolidating just a few points below the 1967 technical resistance. With the support formed near the 1911.50 handle, the sideways range could continue. Price action on the daily chart shows a gradual move lower,…
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Oil prices have closed in the red for the second consecutive week. The declines have pushed the commodity down to a two-month low. To the upside, if oil prices continue with the higher low, we could see a rise back to 38.83.…
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