Orbex - Forex Trading Library

Inventories Surge Higher Crude oil prices have managed to remain near recent highs this week. This is despite the latest report from the Energy Information Administration highlighting a further rise in US crude inventories. The EIA…
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The precious metal saw an aggressive rally on Wednesday, which took prices well past the 1800 level. The price of spot gold hit intraday highs of 1817 before making a modest retreat. The current gains could continue with any dips…
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Crude oil prices are trading over one percent, brushing aside the unexpected rise in weekly stockpiles. The spot price of WTI crude oil is trading just a few points above the 40.00 handle, nearing the 41.00 level. Price action so far…
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The British pound sterling is trading near a three week high, as the US dollar is trading soft. The UK's economic plan was unable to move the currency pair. Given the current momentum, GBPUSD is reaching for the 1.2643 level. It is quite…
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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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