Orbex - Forex Trading Library

Inventories Fell Last Week Oil prices have seen renewed buying this week, driven in part by a positive release from the Energy Information Administration. In its latest report, covering the week ending July 10th, the EIA confirmed a 7.5…
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AUDCHF is approaching the multiyear trendline that started in Aug '12 once again. The last attempt in June '20  tipped sentiment over, however, the pair retreated only marginally. Registering higher-lows suggests that bulls could have…
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Gold prices did not make any major gains, but price action is stable above the key 1800 price level. Following the brief decline intraday on Tuesday, gold prices are trading near the previous highs. So far, gold is not showing any signs…
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Oil prices are trading about one percent higher intraday on Wednesday. Price action looks to have cleared the key hurdle near the 40.50 level. However, prices are not out of the woods yet as crude oil might still be at risk of a pullback…
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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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