Orbex - Forex Trading Library

AUDNZD or AUD/NZD is the symbol for the currency pair composed of the Australian dollar and the New Zealand dollar and is a cross pair since it doesn't include the US dollar. The value corresponds to how many New Zealand dollars (the quote…
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The U.S. Dollar traded weaker on Monday amid a host of mixed data. From the Eurozone, the Sentix investor confidence report showed a decline in the index for the fifth consecutive month. The index fell to -1.5 in January while the current…
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Last week’s price action posted a bullish Outside Week, often an indication that the move lower has come to an end.
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The U.S. non-farm payrolls report came out on Friday last week and it covered December. Data showed that U.S. employers added jobs in December at the fastest pace since February 2018 along with an increase in wage growth. The data…
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Australia's trade balance data is one of the five monthly events that routinely pushes the currency, but lately, it has been developing into the trendsetter. Data for the month of December is expected to be released at 19:30 EST (or 01:30…
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DAX – Inverse Head and Shoulders on Short term charts Weekly: The DAX has undergone a large correction over the past 50 weeks having reached a high at 13601 in January 2018. The move lower has stalled at the 61.8% Fibonacci retracement…
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The U.S. Dollar closed flat on Friday. The day was marked with some mixed economic reports and a speech by Fed Chair Jerome Powell which sent the equity markets briefly higher easing back the risk-averse sentiment in the market. On the…
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The economic data for the week ahead will see the central banks dominating the headlines. The week ahead will see the meeting minutes coming out from the European Central Bank and the Federal Reserve. The meeting minutes covers the monetary…
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The U.S. Dollar eased back following the gains from Wednesday. On the economic front, the UK's construction PMI eased to 52.8 which was below estimates and down from November's reading of 53.4. Data from the U.S. showed that the…
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