Orbex - Forex Trading Library

The euro is retesting the 1.1347 level of resistance, just two days after price failed to breakout. The range within 1.1347 and 1.1261 is strongly held at the moment. An upside breakout will potentially push the euro towards the 1.1400…
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Expectations are for inflation to have picked up in June, following a 4-month slump. The reasons for it are mostly internal, but a lot of analysts are following Chinese economic data closely to see what might happen when other economies…
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EURCHF sellers kept the pressure on since the 1.20 high on Apr '18. The bearish trend has lasted over two years now. We saw two suspected breaks beyond the regression channel on Apr '19 and Jun '20 -respectively. However, but both have…
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NATURAL GAS (NGAS): Test Sulla Resistenza a 1.825 S2: 1.8515     S1: 1.8569     R1: 1.8815     R2: 1.8885 Le quotazioni del Natural Gas si trovano in prossimità di un importante resistenza stimata in area 1.825 ed intercettata su 2…
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The precious metal is making the final push towards the 1800 handle. Price action is gaining momentum as gold is a few points away from the elusive price target. The Stochastics oscillator is also showing renewed momentum to the upside.…
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Crude oil prices continue to trade softly with prices holding on above the 40.00 handle. But price action is now challenging the rising trend line from below. A breakout above this trend line will confirm a further upside in oil prices.…
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The Pound sterling broke out above the key resistance level of 1.2516. Fundamentals drove the gains. Talks of Brexit dinner raised hopes that the UK might be able to move forward with a deal. From a technical perspective, GBPUSD is…
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The euro currency is trading mixed with prices confined within Monday's range. In the short term charts, we see the euro holding on to the support area near 1.1261. We now expect the consolidation between the 1.1261 support and 1.1347…
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