Orbex - Forex Trading Library

The precious metal is making some positive gains after prices closed flat for three consecutive sessions. The dollar weakness is also helping the commodity to post the gains. Earlier in the week, gold prices were trading close to the…
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Oil prices are showing signs of life with price action up over 2% intraday on Wednesday. This comes after the commodity fell sharply on Tuesday to a three-month low. WTI crude oil reversed direction after hitting 36.50. With prices…
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The British pound sterling is on a rebound after price lost the 1.3000 handle late on Tuesday. With the dollar trading softer, this has helped the pound sterling to recover some of the losses. However, it will be interesting to see…
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The euro currency is reversing some of the losses from earlier in the week. Price action is up, by over 0.30% intraday. The gains come mostly on the back of the US dollar which is currently retreating. The weakness in the USD…
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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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