Intraday Analysis 09.04.2025 – Orbex Forex Trading Blog

By RoboForex Analytical Department On Tuesday, gold prices surged to around 4670 USD per ounce, reaching a new record. This price movement comes amid rising demand for safe-haven assets, driven by the escalating trade disputes between the US and the EU. Recent reports indicate that Denmark is bolstering its military presence in Greenland, following US…

Chart patterns are powerful tools in trading, providing visual cues about potential market movements. Crypto trading patterns offer a way for traders to better understand market sentiment and anticipate price shifts in volatile crypto markets. This article explores key chart patterns, their significance, and their formations. Classic Crypto Trading Chart Patterns First, let’s take a…

The Fan Simple 8 MT4 Indicator is a trend-based tool designed to help traders understand market direction using fan lines. These lines are drawn on the chart in a layered, “fan” shape, showing multiple support and resistance levels. Unlike complex indicators with too many settings, this one is straightforward. It shows…

Markets navigated a turbulent session on Thursday, with growing concerns about AI infrastructure spending creating early volatility before dip-buyers emerged to push equities into the green, while the U.S. dollar weakened following Fed Chair Powell’s dovish commentary on Wednesday and softer-than-expected labor market data. Check out the forex news and economic updates you may have…

As the XTI/USD chart shows, the price of a barrel climbed above $60 this week, reaching a one-month high. The main bullish driver has been large-scale anti-government protests in Iran, which could lead to a change of power and/or military action. Trump has voiced support for the protesters and threatened 25% tariffs on all countries…

The New Zealand dollar is showing little movement on Thursday. NZD/USD is trading at 0.6139 at the time of writing, up 0.05% on the day. New Zealand’s Manufacturing PMI expected to improve New Zealand’s manufacturing sector has been in the doldrums, as the manufacturing PMI has posted 17 consecutive declines. Friday’s PMI is expected to…