Orbex - Forex Trading Library

NASDAQ 100 (NAS 100): Lo Strapotere Delle TechStocks S2: 9,093.1     S1: 9,156.7     R1: 9,254.2     R2: 9,351.8 Continua la prepotente azione rialzista per l’indice Nasdaq100 con la dinamica in allungo ben oltre la resistenza…
Read More

EURAUD Sinks as Rescue Drags On The euro is under pressure as Europe’s unity is again in question. While most major central banks opened their balance sheets to revive their economies, the clash between Germany’s constitutional court…
Read More

Gold prices advanced slightly higher on Friday last week but only to give back some of the gains. Price action broke to the upside of the falling trend line, briefly rising above the 1712.50 price level. However, failing to build upon…
Read More

Oil prices did not make any major gains in the last session. Rather, price action was trading off the previous highs. The consolidation near the price of 25.00 continues. Although the Stochastics oscillator is hinting a possible…
Read More

The British pound managed to post a modest recovery after validating the bearish head and shoulders pattern. But, prices quickly rebounded after hitting the target of 1.2277. This rebound has led price action to retrace the declines,…
Read More

The euro currency managed to rebound slightly after trading below the trend line. The rebound saw prices pulling back higher. Although this should potentially make the case for further gains,  price action in EURUSD remains weak to the…
Read More

The current EURUSD structure hints to a zigzag consisting of waves Ⓐ-Ⓑ-Ⓒ. The primary wave Ⓑ of the bearish pattern is a zigzag. Wave Ⓑ of (B) seems to have taken a triple zigzag W-X-Y-X-Z formation. The bullish price action suggests…
Read More

GOLD (XAUUSD): In Upside Verso I Massimi Di Periodo S2: 1,668.48     S1: 1,1697.13     R1: 1,741.23     R2: 1,785.33 Il Gold riprende a marciare in dissonanza con i maggiori input di natura intermarket, come la forza del dollaro e la…
Read More

Euro has been on a defensive stance across the board recently. Riskier assets, on the other hand, have been upbeat. This was led by the upside in WTI oil's upside and by economies re-opening. Will it last though? And if yes, how long…
Read More

Markets have a tendency to, shall we say, overreact. After all, the trick is to get in the market before it moves, causing people to pile on rumors and drive prices on rollercoaster rides. We needn't look further than the reaction to the…
Read More