Gold – 13.08.2025 – Orbex Forex Trading Blog

GBP/USD has broken above the falling trend line on the 4-hour chart, signaling that the downtrend from 1.3265 has likely ended at 1.3087. What’s Next? Further Upside Expected: With this breakout, further gains are likely in the coming days. The next target is around the 1.3200 level. If the price breaks above 1.3200, it could…

On 2 August, we analysed the S&P 500 (US SPX 500 mini on FXOpen) chart, where we:→ Constructed an ascending channel A-B with a median line shown as a dotted line;→ Highlighted the risk of a bearish breakout (as indicated by the red arrow). Since then:→ The price dropped by more than 5% to the…

Alpha Group International said Tuesday that it has rejected a takeover approach from U.S.-based Corpay Inc., confirming that its board unanimously dismissed a preliminary all-cash proposal to acquire the FTSE 250-listed firm. In a statement, Alpha said it had carefully reviewed the conditional proposal with its financial advisers before deciding to reject the offer. The…

By André O. Hudson, Rochester Institute of Technology  Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is not only burned as fuel. It is also the raw material for thousands…

Silver broke higher in the past week, but failed to materialize a real breakout above the $92 highs established in early February. Despite early risk-off price action, the precious metal pulled back from the resistance level. With the latest news of a bilateral deal on the nuclear issue potentially close, according to the Iranian Foreign…