Orbex - Forex Trading Library

The pound sterling's attempt to break out above the key resistance level near 1.2643 was met with a strong rejection of prices once again. Price action is trading lower following a failed attempt to break out above this level. As a…
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The euro currency continues its bullish streak with price action trading comfortably above the 1.1400 handle. Price action is now posting gains for four consecutive days. However, following the rise to a four-month high, the euro has…
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New Technology Unveiled Coca Cola shares saw a 2.15% rally in yesterday’s session with the stock up another 0.61% pre-market on Tuesday. Shares in the US beverage giant have responded favorably to recent news regarding new technology the…
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Early tomorrow (or very late tonight, depending on where you are,) we get what might be the most anticipated data of the month: official data on the economic recovery following the COVID outbreak in China. There are a lot of expectations…
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EURCAD opened the week with a bullish trendline breakout. Prices soared to 3-month highs intraday today as a result, boosted by sentiment. Moving away from the triangular consolidation suggests the next target up stands at around 1.5876.…
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US-China Escalated Tensions Keep Sentiment Soft The US index closed back to the 96 lows yesterday as US-China tensions saw investors become more cautious. US researchers say that the recent COVID-19 vaccinations have proved successful.…
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USDJPY (USDJPY): Carry Trade A Leva Per Alimentare L’Equity S2: 106.93     S1: 107.08     R1: 107.40     R2: 107.57 Il cambio USDJPY continua a ruotare a ridosso della retta di regressione originata sui massimi di marzo e che…
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The precious metal is holding steady above the 1800 psychological level. However, price action is yet to post fresh highs. During the intraday session on Tuesday, price briefly slipped to lows of 1790.28. However, price action was…
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Crude oil prices gained over 1.5% intraday on Tuesday. Oil prices remain firmly entrenched in a sideways pattern. The strong resistance area near 40.36 - 40.50 level is so far proving hard to break. However, with the OPEC meeting…
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