Intraday Analysis 23.03.2026 – Orbex Forex Trading Blog

NZD/CAD can’t seem to crack fresh lows as it tests a technical support area. Will this lead to a bounce higher for the pair? We’re keeping a close eye on the 4-hour chart for clues! NZD/CAD 4-hour Forex Chart by TradingView The New Zealand dollar got a bit of love earlier today after the Reserve…

The Wall Street Journal is reporting that President-elect Trump is preparing pro-fossil fuel executive orders ahead of his inauguration next week. Some highlights: Executive Orders on Energy: President-elect Trump plans a series of executive orders to promote fossil fuels and reverse policies supporting electric vehicles (EVs). Drilling Policies: Trump is expected to instruct agencies to…

GBP/USD’s rally from 1.3008 extended to 1.3438 last week but retreated from there. Initial bias remains neutral this week first. Further rally is expected as long as 1.3286 support holds. As noted before, fall from 1.3787 should have completed as a three-wave correction to 1.3008. Above 1.3428 and firm break of 1.3470 resistance will pave…

It has been that kind of the week in European trading for the most part. The action is rather minimal as traders continue to wait on US-Iran headlines, especially with much resting on the next round of talks. US president Trump offered up much optimism at the start of the week and that helped to…

Global markets experienced a mixed week, influenced by geopolitical risks and US jobs data revisions. The week ahead focuses on China’s Standing Committee meeting, the US election and Central Bank Meetings. Wall Street indexes struggled, potentially due to high valuations and AI capital spend. Read More: GBP/USD Technical: Trendline Break Sets the Stage for Further…