Orbex - Forex Trading Library

We look for losses to be limited and a possible reverse Head and Shoulders forming. Buying into dip offers good risk/reward. If this formation plays out then the measured move target is 1.0120, close to the wedge top and medium-term…
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The European Central Bank released its meeting minutes from the December monetary policy meeting last week. The minutes showed that ECB officials were close to giving a downbeat assessment of the economic prospects for the Eurozone. The…
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Navigating the markets can be somewhat tricky, to say the least. Traders often speak of long working hours and high-stress levels as they tackle continuous volatility and practice those all-important trading strategies. Knowing when to…
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The big event on the American economic calendar today was supposed to be the release of retail sales data by the Census Bureau at 08:30 EST (14:30 CET). However, due to the shutdown, the data won't be released and has been rescheduled until…
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Latest economic reports from Germany are sparking concerns. The slowdown in the 3rd quarter of 2018 could very well extend into the 4th quarter as well. The slowdown signaled by initial economic indicators comes as the ECB is looking to…
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The markets traded shaky grounds on Tuesday amid a host of concerns. Reports from Washington revealed that there was no progress on the critical issues with China. Both the United States and China have been holding trade negotiations to end…
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So, you’ve been dabbling in the markets for a while now. You’ve started up a demo account, slowly learned the ins and outs of trading. Then you’ve built your own strategy and tested it out on a live account. But the deeper you dive into the…
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CADCHF or CAD/CHF is the notation used to designate the currency pair composed of the Canadian Dollar and the Swiss Franc (CHF comes from the formal name of the country, Confoederatio Helvetica, plus Franc). As a less popular cross, it…
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The U.S. dollar traded subdued amid a quiet trading day. Economic data on the day showed that the Eurozone's industrial production fell 1.7% on the month. This was worse than the forecast of a 0.3% increase and down from a revised 0.1%…
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