Orbex - Forex Trading Library

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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Cable is trading weaker on Tuesday, although it's quite likely that prices might close flat. The pound sterling is trading weaker right after price rallied to a three week high. Following another feeble attempt to break past the…
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The euro is trading about 0.5% higher on Tuesday. The gains have pushed the common currency to briefly rise above the 1.1400 level intraday. A daily close above this level will confirm potential gains to come in the near term. However,…
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Pfizer Gaps Higher Shares in Pfizer gapped up by almost 3% from Friday’s close at the US open yesterday. They are up another 0.54% pre-market on Tuesday as traders digest positive news regarding its vaccine development. On Monday, it…
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The general consensus surrounding the major central bank meetings in July is that they will stand firm on the current policy. There are important economic events happening over the next few weeks to support this view. The release of…
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EURNZD held its ground in the Europen morning, however, faces a big resistance near 1.74. The area is marked by the 23.6% Fibonacci retracement of the bearish leg starting at 1.8268. Despite weak demand for the euro has kept the pair…
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