Orbex - Forex Trading Library

The pound sterling gave back the gains from earlier in the week to push lower. However, price action found solid support near the 1.2516 level, marking a double bottom pattern. This could potentially mean that GBPUSD might be looking to…
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The common currency managed to pare losses from Thursday as price recovered sharply into Friday's close. As a result, the euro closed above the key 1.1400 handle comfortably. This marks a four-month high for the euro. Price action is…
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The S&P500 ticked off a choppy trading week, barely managing to close in the green at 3222.8. This marks the third consecutive weekly gain in the index. Price action is now near the previous highs from early June and is trading near…
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Netflix Down On Subscriber Warning Netflix shares have suffered heavy selling this week in response to a negative Q2 earnings report. The company’s stock price suffered a 15% decline this week and is trading 7% down pre-market on Friday.…
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虽然仍受到广泛支撑，但上涨势头肯定已经减弱。这种动力损失的一个潜在原因是本周在COVID-19上看到的变化。
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The UKOIL structure shows a bearish impulse. It consists of primary waves ①-②-③-④-⑤. It is likely that the correction wave ④ has completed on a triple zigzag (W)-(X)-(Y)-(X)-(Z) pattern. Its final wave (Z) ended with an ending diagonal…
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On July 7th, US President Donald Trump officially gave notice of withdrawal from the World Health Organization. This is a long-expected move since the Trump administration has been consistently criticizing the organization and its…
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Gold The yellow metal failed to continue its recent upside streak this week and while still broadly supported, upside momentum has certainly waned. One potential reason for this loss in momentum is the shift seen this week in the COVID-19…
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USDCHF (USDCHF): Reazione Debole Sui Supporti Per Il Dollaro S2: 0.941     S1: 0.943     R1: 0.947     R2: 0.949 USDCHF sembra aver formato un minimo in area 0.936, doppiando quelli proposti a metà giugno, con un bias neutrale dopo…
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The precious metal is trading weaker on Thursday following the failure to post any fresh highs. Price action rallied towards the highs of 1812 but failed to make any major gains beyond this level. As a result, gold prices flipped and…
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