Orbex - Forex Trading Library

Coming up we have a really busy week for the markets, and we could expect to see increased volatility for several reasons. We go through the thick of the highly anticipated earnings season, with a little over a third of the largest…
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EURCAD Feels Pressure as Rescue Talks Linger The euro continues to slide against the Canadian dollar from its March peak as the prospect of a pan-European stimulus drags on. EU leaders have failed so far to find common ground on the size…
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The precious metal is down over 0.80% intraday. The declines come as investors' risk-on sentiment prevailed. Prices failed to breakout past the highs near 1738.60. This led to a breakdown pulling XAUUSD to the lower end of the…
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WTI crude oil prices are down over 28% on the day again. This comes just after the commodity marked a strong rebound following last week’s drop into negative territory. The declines in crude oil, however, keep prices within the range…
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The British pound is seen making a moderate pullback after prices continued to rise since Friday. GBPUSD remains range-bound within the levels of 1.2485 and 1.2277. In the near term, while there is a possibility that prices will…
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The euro currency managed to build upon the bullish momentum from Friday. However, after rising to intraday highs of 1.0860, the euro pulled back. EURUSD remains stuck within the range of 1.0950 and 1.0787. The current hidden…
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Last Week’s Highlights German Ifo Business Confidence Drops to Historic Lows The monthly Ifo business confidence report for Germany saw business confidence taking a bit hit. The index fell to 74.3 for April, down from 85.9 in March. The…
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With the COVID-19 having slowed down manufacturing activities worldwide, demand for silver is down. Currently, prices are moving higher after last week's massive sell-off. The metal is about to test the descending resistance (dotted blue…
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EURUSD (EURUSD): In Consolidamento Sopra 1.075 S2: 1.0637     S1: 1.0737     R1: 1.0837     R2: 1.0893 EurUsd mostra una contrazione delle oscillazioni Min-Max, configurando una sorta di modello triangolare con implicazioni di…
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