Orbex - Forex Trading Library

Last Week’s Highlights Japan's Economy Contracts in the Q2 The Japanese economy contracted in the three months ending June in 2020, but at a lesser pace. Japan's GDP fell 7.8% during the period on a quarterly basis. It was, however,…
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APPLE (AAPL.OQ): Al Rialzo, Senza Freni S2: 468.84     S1: 483.16     R1: 505.63     R2: 513.78 Re incontrastato dell’equity USA, il titolo APPLE procede senza freni nella sua traiettoria rialzista, trovando peraltro il sostegno a…
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The S&P500 index spent most of last week hovering near the previous all-time highs of 3388 – 3389 region. However, price action failed to make any major moves over the week. As a result, while the index closed the week with gains,…
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The precious metal closed last week on a flat note, right after the strong declines from the week before. With price firmly below the 1967 level, we expect gold prices to consolidate in the near term. As long as price action is below…
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WTI Crude oil prices continue its consolidation with price action on Friday showing a modest pullback off the 42.00 level. From the current set up, oil prices are likely to see another attempt to trade above the 42.00 level. However,…
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The British pound sterling closed the week below the 1.3122 level. This price level held up as resistance earlier on, and on the first retest, managed to see prices bouncing higher. However, the gains off the rebound from this level saw…
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The euro currency was trading weaker last week, closing in the red on a weekly basis. But the declines came only after price action touched a new two-year high of 1.1965. If the current declines continue, EURUSD will be sliding toward…
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Amazon Rally Continues Shares in US tech giant Amazon are trading around 1.5% higher pre-market on the final trading day of the week. The rally comes in response to news that Amazon Prime has begun its joint service offering with UK…
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