Orbex - Forex Trading Library

WTI Crude oil is trading mixed after price action touched a new five-month high at 43.75. A minor resistance level is likely to emerge around the previous swing high in the 43.50 region. However, this level will prove to be critical.…
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The British pound sterling made modest gains as price action is now trading back above the 1.3122 level once again. With support forming at this level, we could expect to see further gains. For the moment, GBPUSD will need to break out…
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The euro is trading mixed with price action in a holding pattern. The main resistance level near 1.1897 is yet to be breached. As a result, we could expect the currency pair to hold steady within 1.1897 and 1.1714 levels in the short…
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Shares in Bank of America have continued their recent strong performance this week. The stock is trading over 1% higher pre-market on Wednesday following a more than 2% rally on Tuesday. BOA has outperformed its competitors this week with…
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Headlines from the US have been dominated by politics over the last few days, with the Republican National Convention coming fast on the heels of the DNC. However, on the last day of the political stage-making, the market's attention can…
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CHFJPY failed to rally to the 118 resistance, registering a failed attempt at 117.61. The pair is trading above the 38.2% Fibonacci handle of the 139.11-101.69 bearish leg. This keeps the pair biased to the upside in the belong-term.…
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NATURAL GAS (NGAS): Atteso Sviluppo Di Onda 4 S2: 2.396     S1: 2.442     R1: 2.543     R2: 2.598 Le quotazioni del Natural Gas si trovano in prossimità di un importante resistenza stimata in area 2.65 ed intercettata su 2 STDV…
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US & China Committed to Signed Deal The US equities markets ended mostly higher on Tuesday as US-Sino trade talks resumed. US and Chinese officials reaffirmed their commitment to honoring phase-I of the trade deal. SP500, NASDAQ,…
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The precious metal is trading weaker on Tuesday as US and China trade talks resumed. This boosted the risk-on sentiment, pushing the safe haven lower. Price action is now trading below the 19th August lower close of 1927. This…
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