Orbex - Forex Trading Library

The Bank of England (BoE) held its monetary policy meeting last week on Thursday. As widely expected, the central bank raised the key lending rate by 25 basis points to 0.75%. This was the second interest rate hike since November 2017.…
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The monthly Payrolls report from the United States showed the headline figure missing estimates. However, the overall picture of the U.S. labor market remained strong. Data from the U.S. Bureau of Labor Statistics showed that the…
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As we see over our previous chart and as we advised last week Dow managed to break above 25250 which activated another advance wave as we advised before where managed to hit first target 25400 while still looking toward second target…
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As we advised in the last 2 weeks and as we see over our previous chart Gold also managed to rebound aftre trumps tweet on rate hike where Gold managed to re-test resistance 1236-37 zone Short-Run outlook see main resistance at…
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We still holding our short Run prospective that as long as market holding below 72.20 a drop wave may target 64.00-50 zone However the iNtraday levels showing potential movement as we see over the chart as long as market holding below…
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As we advised in the last 2 weeks Market managed to test support uptrend line around 110.50-60 which if managed to hold the market another advance wave may be on play where resistance still at 113.30-70 zone As we see over our new…
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British pound managed to met target 1.3000 zone as we advised last week market resumed drop today where market seems trying to test support levels of our downtrend channel which is around 1.2850-75 zone As we see over the chart, that…
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Euro managed last week to broke below support 1.1600-20 where market managed to resume drop where market closing from Short-run support zone 1.1505-20 If this support 1.1505-20 managed to support market another rebound correction to test…
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Here is our weekly video analysis for the FX Majors. Starting with the USD Index, we will be breaking down time-frames while highlighting what you should be looking out for this week!
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Daily Forex Market Preview - 06/08/2018 The U.S. Dollar was seen trading mixed by Friday's close. The commodity risk currencies were the biggest gainers of the day including Gold, which advanced 0.52% by Friday's close. The Euro and the…
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