technical analysis

Daily Forex Market Preview, 17/09/2018 The U.S. dollar managed to post gains on Friday reversing the losses from earlier in the week. On the economic front, the U.S. retail sales advanced 0.1% on a month over month basis. This missed estimates of a 0.4% increase. Core retail sales also slowed, rising just 0.3% on the month. Core retail sales al...

2018-09-17 John Benjamin Read more
technical analysis 13th September

Daily Forex Market Preview, 13/09/2018 The U.S. dollar eased back strongly on Wednesday. The United States was seen making attempts to hold trade talks with China. On the economic front, data from the Labor Department showed that producer prices fell 0.1% in August unexpectedly. This was the first monthly decline since February 2017. Economists...

2018-09-13 John Benjamin Read more
technical analysis

Daily Forex Market Preview, 10/09/2018 The U.S. dollar posted strong gains on Friday fuelled by strong wage growth and overall positive sentiment for the currency. The official payrolls report for the month of August showed that the U.S. economy added 201,000 jobs during the beat. This beat estimates of a 191k forecast. The unemployment rate...

2018-09-10 John Benjamin Read more
technical analysis 20th august

Daily Forex Market Preview, 20/08/2018 The U.S. dollar was seen easing back from the strong gains made earlier in the week. By Friday's close, the U.S. dollar index was seen giving up the gains and closed near 95.99. [shortcode-variables slug="act_tradeideas"] Economic data on Friday saw the release of the final inflation figures from the...

2018-08-20 John Benjamin Read more
forex technical analysis 17th

Daily Forex Market Preview, 17/08/2018 Australia's wage report showed that the unemployment rate fell 5.3% in July. The decline came on a slight decrease in the participation rate. Data showed that the economy lost a net 3.9k jobs. This missed expectations of a 15k increase. In the UK, retail sales jumped 0.7% on the month in July beating es...

2018-08-17 John Benjamin Read more

China's National Bureau of Statistics released the consumer and factory inflation reports for July. The data showed that factory price inflation had cooled but was better than expected. The reports come amid a possible slowdown in the global economy with Beijing and Washington locked in escalating trade tensions. The reports are the first aft...

2018-08-15 John Benjamin Read more
summer trading

With a slowdown usually being observed in the forex markets during the summer months, this could be the best time to take a break from trading. Trying to trade in low volatility and low liquidity market conditions can lead to trading mistakes, with emotions dictating trading decisions. Perhaps this could be a great time to take a vacation that b...

2018-08-10 Orbex Read more
summer trading

Like most of us in the hot summer months, the forex markets also slow down, especially in July and August. The sluggishness during this time of year could be a result of low liquidity conditions, less economic releases, as well as a large number of traders vacationing at this time. Even institutions known for their large volumes have a huge numb...

2018-08-09 Orbex Read more

Social media has infiltrated the finance world with many traders now taking to Instagram to share information and insights. Instagram, with its huge visual appeal, provides a good medium to explain complicated chart analyses and updates of economic releases –so let’s take a look at 10 traders who are using this platform to benefit forex traders ...

2018-07-31 Orbex Read more
ireland brexit

Brexit Back In Focus As we head through the summer, talk of the ongoing Brexit negotiations is growing increasingly prevalent and uncertainty is rising. Recent developments within the UK political space, with UK PM May suffering key resignations within the cabinet as well as threats of a leadership challenge, are causing the market concern for ...

2018-07-25 James Harte Read more