USD/JPY –12.02.2025
Orbex Blog
by Rami Abu-Draa
10h ago
USDJPY managed to advance above the resistance of 152.90 and met the target and resistance zone of 153.80-154.00. As we see over the chart prices could have a trading zone between support 152.40-50 and resistance 153.80-154.00. Above 154.00 more advance will be expected toward 155.85 and 156.75. Below 152.40 more of a drop could hit […] The post USD/JPY –12.02.2025 appeared first on Orbex Forex Trading Blog ..read more
Visit website
Dow Jones –12.02.2025
Orbex Blog
by Rami Abu-Draa
10h ago
The Dow managed to hold below 45100 and managed to move toward the first target of 44500 and below. As we see over the Intraday chart, the market is in a trading zone between support 43700 and resistance 45100 with medium support at 44160. As long as the market holds above 44160 a chance for […] The post Dow Jones –12.02.2025 appeared first on Orbex Forex Trading Blog ..read more
Visit website
EUR/USD –12.02.2025
Orbex Blog
by Rami Abu-Draa
10h ago
With the market focusing on US Inflation figures, the Euro moved back above the resistance of 1.0360 which gives an indication of another advance. However, and as we see over the chart, prices face Intraday resistance around 1.0440-60, where as long as the market holds below it, a chance for some a correction could hit […] The post EUR/USD –12.02.2025 appeared first on Orbex Forex Trading Blog ..read more
Visit website
Crude Oil –12.02.2025
Orbex Blog
by Rami Abu-Draa
10h ago
Crude Oil remains under pressure towards 68.35. The market managed yesterday to re-test the resistance zone of 73.25-50. As long as the market holds below 74.60, the downtrend pressure could continue toward 68.35. Above 74.60 more advance will be expected. SUPPORT RESISTANCE LEVEL1 70.30 73.25-50 LEVEL2 68.35 74.60 LEVEL3 66.60 76.40 The post Crude Oil –12.02.2025 appeared first on Orbex Forex Trading Blog ..read more
Visit website
GBP/USD –12.02.2025
Orbex Blog
by Rami Abu-Draa
10h ago
GBPUSD managed to sustain trades above the trend support as we see over the chart. As long as prices hold above 1.2320-30, then the uptrend wave could sustain toward 1.2550-1.2600 and 1.2810. Below 1.2250 more of a drop could hit the market with support around 1.2085. SUPPORT RESISTANCE LEVEL1 1.2320-30 1.2550-1.2600 LEVEL2 1.2250 1.2720 LEVEL3 […] The post GBP/USD –12.02.2025 appeared first on Orbex Forex Trading Blog ..read more
Visit website
Gold–12.02.2025
Orbex Blog
by Rami Abu-Draa
10h ago
Gold is testing the support 2880. As we see over the chart, if the market manages to hold above 2880, a chance for a rebound correction toward 2925-30 could hit the market. However, indicators show some weak signals which could lead for a drop below 2880 to test 2850-55 or 2835-40, where one of those […] The post Gold–12.02.2025 appeared first on Orbex Forex Trading Blog ..read more
Visit website
UK GDP: A Return to Recession?
Orbex Blog
by Daniel John Grady
10h ago
The UK issues its regular avalanche of data before the market opens on Thursday, with trade balance, business investment, and manufacturing data all coming out at once. But what the market is most likely to focus on is whether the latest GDP figures confirm that the UK recession is deepening. The situation doesn’t look promising […] The post UK GDP: A Return to Recession? appeared first on Orbex Forex Trading Blog ..read more
Visit website
Intraday Analysis 12.02.2025
Orbex Blog
by David Kindley
10h ago
USOIL(WTI) staying positive USOIL(WTI) rallies as demand increases for the black gold. A close above the previous high of 73.00 could be short-lived if the rally hits a roadblock at 74.00. A move back down below 72.70 could force leveraged buyers to bail out, especially if the RSI continues its road towards the overbought area. […] The post Intraday Analysis 12.02.2025 appeared first on Orbex Forex Trading Blog ..read more
Visit website
More Tariffs, More Records!
Orbex Blog
by David Kindley
1d ago
precious metal(GOLD) moved to another record as traders reacted to Donald Trump’s aggressive move on tariffs. Can the precious metal continue the rally, or is a sell-off around the corner? Timestamps XAUUSD 00:35 DXY 01:55   Test your trading strategy on forex and stocks with Orbex OPEN LIVE ACCOUNT The post More Tariffs, More Records! appeared first on Orbex Forex Trading Blog ..read more
Visit website
US Jan CPI and Powell Testimony: Cuts Moving Away
Orbex Blog
by Daniel John Grady
1d ago
The market focus this week is likely to be on the US dollar with two main events that could shake up the markets. On Tuesday, Fed Chair Jerome Powell will start his semi-annual testimony before Congress. Then the main event is likely to be the release of the latest inflation numbers on Wednesday. Expectations around […] The post US Jan CPI and Powell Testimony: Cuts Moving Away appeared first on Orbex Forex Trading Blog ..read more
Visit website

Follow Orbex Blog on FeedSpot

Continue with Google
Continue with Apple
OR