Orbex - Forex Trading Library

The euro currency gave back some gains on Friday, closing on a bearish note. But, this came right after prices reached a new three-month high of 1.1382. Despite the pullback, the bias in EURUSD remains to the upside. Unless there are…
Read More

NZDUSD seems to be developing a bearish Ⓐ-Ⓑ-Ⓒ zigzag of the primary degree. Wave A formed a 5-wave impulse pattern, whereas wave Ⓑ seems incomplete. Its current structure suggests a standard zigzag consisting of intermediate sub-waves…
Read More

Warren Buffett is probably the most well-known equity investor in the world today. And it's not just because he has managed to amass a significant amount of wealth. Buffett's unique investment style has gotten a lot of attention. In…
Read More

EURNZD inserted the ascending regression channel on June 2, when it broke through the 1.7550 support. Despite trading within a bullish channel, entering it could lead to further weakness towards the lower region of the 6-month long…
Read More

NATURAL GAS (Natural Gas): Upside A Margine Ridotto S2: 1.765     S1: 1.793     R1: 1.852     R2: 1.911 Lettura neutrale per il Gas Naturale che tiene sempre nel mirino quota 2,0, il cui raggiungimento è ostacolato dall’importante…
Read More

The precious metal is up over 1.2% intraday on Thursday. The gains came just a day after price action was bearish. But the current gains still keep price action confined within the previous session’s highs and lows. For the moment, a…
Read More

WTI Crude oil prices are trading in the green after prices nearly closed flat on Wednesday. However, the current recovery is still below Wednesday’s highs. A breakout above 38.15 will potentially validate further gains in the commodity.…
Read More

The British pound sterling is maintaining a steady pace of gains as it approaches the key price target of 1.2643. Following a brief pullback earlier in the week, the currency pair regained its momentum. The rise above the previous…
Read More

The euro currency managed to maintain its bullish momentum. Prices are now up for nine consecutive daily sessions as EURUSD approaches the 1.1400 handle. Lack of any pullback, however, is likely going to see a correction in the price…
Read More