Orbex - Forex Trading Library

The Pound sterling gave up some of the gains from the previous sessions as prices are starting to move lower. However, ahead of the correction, expect a possible lower high to form. Friday’s price action sent GBPUSD down to the minor…
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The euro currency continued its decline on Friday, losing close to 0.40% on the day. The declines were set off after price failed to climb above 1.1400 handle. This led to a rather brief retracement forming a lower high and price fell…
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With many economic indicators across the world reporting the worst since records began, it's not unreasonable to think that the worst recession in modern history is looming. Many countries are seeing the largest increase in joblessness…
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USDCHF: (USDCHF) Pronto A Reagire Sui Supporti S2: 0.933     S1: 0.939     R1: 0.947     R2: 0.956 USDCHF sembra voler formare un minimo temporaneo in area 0.937 con un bias neutrale dopo aver assorbito una importante sollecitazione…
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Dow Jones recorded its lowest level in two weeks yesterday at 25070, missing the round support. Although bulls escaped outside the bearish descending channel starting at 29600 in February, that now resembles a false break. The recent…
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The precious metal is trading mixed after prices recovered above the 1724 level. Overall, price action in gold remains quite volatile. As a result, the bias is also somewhat mixed. The focus is back on the 1724 level. A close below…
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Oil prices are down over 8% intraday on Thursday. The commodity briefly made an attempt to push higher but it only resulted in a lower high forming. This eventually saw oil prices breaking past the initial support at 37.67. The close…
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The British pound sterling finally broke the minor rising trend line. This evidently saw prices breaking the medium-term trend line as well. For the moment, prices are trading just below the key level of 1.2643. A strong close…
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