Orbex - Forex Trading Library

Looks to be forming a bearish Head and Shoulders. With the one-hour chart highlighting a DeMark 12 (13 is exhaustion) we look to sell into any further rallies.
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Daily Forex Market Preview, 23/04/2018 The U.S. dollar was seen posting gains by Friday's close. Economic data was mostly quiet on the day. Canada's inflation report showed a slower than expected pace of rise in inflation. Headline CPI was…
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Daily Forex Market Preview, 23/04/2018 The U.S. dollar was seen posting gains by Friday's close. Economic data was mostly quiet on the day. Canada's inflation report showed a slower than expected pace of rise in inflation. Headline CPI was…
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Daily Forex Market Preview, 23/04/2018 The U.S. dollar was seen posting gains by Friday's close. Economic data was mostly quiet on the day. Canada's inflation report showed a slower than expected pace of rise in inflation. Headline CPI was…
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Daily Forex Market Preview, 20/04/2018 The UK's retail sales data showed a larger than expected decline. Retail sales in March fell sharply 1.2% on the month. This was larger than the expected decline of 0.5% that was forecast by…
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Daily Forex Market Preview, 20/04/2018 The UK's retail sales data showed a larger than expected decline. Retail sales in March fell sharply 1.2% on the month. This was larger than the expected decline of 0.5% that was forecast by…
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Daily Forex Market Preview, 20/04/2018 The UK's retail sales data showed a larger than expected decline. Retail sales in March fell sharply 1.2% on the month. This was larger than the expected decline of 0.5% that was forecast by…
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The pound sustains its biggest weekly decline in over four months after the Bank of England governor sparked a rethink of interest rate hike expectations for next month’s meeting. Is the BoE the latest central bank to panic over the rapid…
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Holds within a corrective channel formation. Although we have seen a reaction higher from the channel base, a full AB=CD formation is located at 103.50
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With the intraday chart close to a reversal count, and bespoke resistance seen at 0.8810, we look for the upside to be limited
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