Orbex - Forex Trading Library

The pound sterling fell to the lower end of the range at 1.2277. However, prices caught a bid leading to a quick rebound. The recovery was not sharp and the GBPUSD is seen once again giving back the gains. There is a possibility…
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The euro is trading weaker on the day, giving up some of the gains from the previous session. This comes as the US dollar index is posting gains for the third consecutive session. But EURUSD price action remains muted. So far, prices…
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For traders in stocks and currencies, the worst that can happen to their asset is that it can go to zero. That would lead to a significant loss. And it is definitely something to be worried about. But, no one's really thought of the…
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March offered a massive rally up north, with prices coming just shy of the big 2.000 figure on the 19th. Since then, prices retraced to 1.7840 and are currently on a corrective bounce. The daily chart above shows a bull channel. The…
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FTSE100 (UK 100): S2: 5,526.5 S1: 5,583.8 R1: 5,755.6 R2: 5,927.4 Il grafico evidenzia la resistenza in area 5,850 già testata di recente dall’indice FTSE100 in risposta minimale armonica rispetto all’aggressione ribassista di fine…
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Gold prices are down close to 1% on Tuesday. But price action is showing signs of slight recovery near the support area of 1671.95. A rebound off this level could see gold prices testing the upper end of the range at 1712.50. As long…
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Crude oil prices rebounded sharply on Tuesday, a day after prices plunged below zero. This came as a shortage of storage supplies for crude oil saw prices turning negative. Part of the reason is also the front-month contracts that are…
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The Pound sterling fell over 1% intraday. Prices touched down to the lower end of the range at 1.2277 before rebounding slightly. As long as this level holds, we expect prices to remain range-bound. The upside bias will only build up…
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The euro continues to trade flat, slipping to previous session lows of 1.0829. However, prices rebounded slightly off this same level. The overall price action in the EURUSD remains flat, trading between the 1.0905 and 1.0787 levels.…
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