Orbex - Forex Trading Library

The US government shutdown continues, and will become the longest in history if a deal isn't struck before Wednesday. That means several key data releases won't happen as scheduled, including the NFP that was due on Friday. With the Fed…
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AUDUSD clawing back losses The Australian dollar looked to halt the sell-off as prices found some support. The pair has remained under pressure after it fell below the 0.6600 level. Two attempts to turn things around have failed as the…
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The RBA rate decision on Tuesday offers an opportunity to shake up the markets. There is a pretty strong consensus that has led the market to price in a specific outcome. However, there are reasons to believe that the RBA could take an…
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As we see over our previous chart, the Dow faces the chance for a correction, as long as the market remains below 48000 as the support of 47000 could keep the advance wave ongoing. Prices managed to test the first support last week…
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As we see over the chart, the market could maintain this trading zone inside the uptrend channel with a resistance zone at 4050-70 and support at 3940-50. Above 4070 more advance to test 4100 will be expected while above this zone more…
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Crude dropped from the resistance of 62.60 and managed to break below the support of 60.00. As we see from the previous chart, prices face support around 58.50, which could lead to a rebound to re-test the 62.60 resistance. Below…
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USDJPY managed to hit above the resistance of 154.00-20 which could lead to a further advance. As we see over the Intraday chart, prices face support around 153.25-65 and if the market holds above it, more advance toward 156.70…
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GBPUSD moved below the support of 1.3140, which could lead for a downtrend break towards 1.2850. As we see over the chart, the market is facing a resistance zone at 1.3240-90, where as long as the market holds below it, the downtrend…
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