Dow Jones–11.07.2025 – Orbex Forex Trading Blog

Overall Analysis Oil tanked more then -1.98% on Friday’s trading session, broke major supporting trendline and sustained below it.  Natural Gas down by almost -1%, breaking the supporting trendline, currently at major level. Breakdowns may trigger massive selling.  Oil Chart Analysis  Oil/USD- 15 min time frame  On the 8th November 2024 trading session, oil tanked…

Market watchers aren’t exactly setting the bar high for New Zealand’s jobs figures, but what if the actual results do surprise to the upside? Our Event Guide for New Zealand’s Jobs Report points out that employment intentions have picked up in October and November, before dipping in December. Better keep an eye…

The core logic isn’t magic. The indicator calculates support and resistance zones using a combination of recent swing highs and lows, price action clustering, and in most versions, a smoothing mechanism similar to a moving average applied to pivot structures. What separates it from a basic pivot point indicator is that the zones recalculate based…

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday November 19th and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets. Weekly…