Orbex - Forex Trading Library

The pound sterling once again tested the price level near 1.2643. However, price was rejected strongly at this level as GBPUSD settled lower. The rising trend line is now acting as a dynamic support. But this could be threatened in case…
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The euro is firmly entrenched in a sideways range with last Friday's price action bouncing off the 1.1261 level. Price action continues to drift sideways amid a lack of any clear direction. Above the 1.1347 upper range, the common…
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The leading US index is bullish again with the moving averages signaling a golden cross. This comes after more than three months since the last death cross. However, price action continues to be choppy. The S&P500 is confined within…
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EU members struggle to agree on a final EU Recovery Fund, delaying critical financial support to smaller economies. The "Frugal four" persist to provide loans instead of well-needed grants while time sweeps away European economies.…
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European governments are spending unprecedented levels of money on COVID relief. Therefore, it's only natural to wonder: how is this going to be paid for? Germany might have the fiscal latitude to adjust its budget to address the issue.…
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China50's bull run stopped at the pre-2008 crisis level of 16500 on July 05. Bulls ceased buying following a rejection at the median regression of the upper zone of the ascending channel starting Jan '18. The weekly price action is still…
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NASDAQ 100(NAS100): Spinge Ancora Ma Senza Convinzione S2: 10,469.4     S1: 10,574.9     R1: 10,785.96     R2: 10,891.4 Dopo aver segnato nuovi massimi storici sopra quota 10,500, l’indice Nasdaq100 sembra perdere “grip”…
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Gold The yellow metal has seen a strong rally this week with price breaking out to fresh 2020 highs. The move comes despite equities remaining near recent highs and is primarily driven by the sell-off in the US dollar. The greenback…
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The precious metal gave up nearly half the gains from the previous day. After rising briefly above the 1800 level, gold prices are down about 0.5% on Thursday. Currently, price action is challenging the 1800 level. Given the…
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