Orbex - Forex Trading Library

The markets open to a busy trading week which marks the first week of September and the final month for the third quarter. Investors will be closely scrutinizing the economic data which is dominated by many economic releases from the United…
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EURGBP – Dip to the bottom of the uptrend channel attracting buying interest Weekly: Broken out of the wedge formation to the upside. This has been positive for recent price action, with prices extending above the 0.8800 level. The…
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Daily Forex Market Preview, 31/08/2018 The U.S. dollar was seen posting a recovery on Thursday. The currency gained amid economic data from U.S. showed that the core PCE price index increased 0.2% on the month. Personal spending data…
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The European Central bank released the meeting minutes from the July 26 monetary policy meeting. Central bank officials noted that protectionism and the uncertainty from the global trade war remained the biggest risks for the Eurozone…
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  Technical Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12280 and the measured move target is 8548. Rallies have stalled and found sellers near 12800 & 13200. Weekly:  Looks to…
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Daily Forex Market Preview, 30/08/2018 The U.S. dollar was seen trading on the back foot amid a rather busy day. The economic data from the U.S. showed that the economy advanced by 4.2% during the second quarter. The second revised…
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Summary: Officials confident that the U.S. economic growth will remain strong Members cite concerns due to the impact of trade tariffs on the U.S. economy Higher tariffs could result in increased cost of input prices, officials…
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Dow managed to met Short-Run target 26100-200 Market may start to build downtrend wave from this zone where support laying at 25950-80 and 25600 Above 26150 market may add more bonus toward 26300-30 while the uptrend wave will be…
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we still holding same view over Gold while market managed to test 1200 Intraday Levels showing support around 1195 where as long as market holding above more advance to test 1220-25 zone is expected below 1195 market may head for more…
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As we advised early this week and as we see over our previous chart Crude oil managed to sustain drop wave toward targeted zone 64.00-50 in the last 2 weeks Market anaged to head for fast rebound correction where Intraday Levels…
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