Orbex - Forex Trading Library

Monthly: Far too early to tell but USDJPY is possibly forming a bullish reverse Head and Shoulders pattern. A break of the neckline at 127.25 is needed to confirm the breakout. We have seen a reaction higher from the 50% pullback level of…
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Dow finally managed to head for main drop to test Short-Run support around 23300-400 Market back again to test this support zone on China tariff retaliation on US product As we advised last week, Dow Short-Run seeing support base at…
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We still holding our same last model Gold still holding Short-Run trading zone where as we see over the chart support laying at 1307-13 and resistance at 1350-55 As long as market holding below 1350-55 resistance another dip wave will…
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As we advised yesterday and as we see over our previous chart Crude Oil managed to sustain drop after broke below 63.60 while market still looking for farther retreate As long as market holding trades below resistance zone 64.00-70…
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As we advised yesterday USDJPY managed to hit 105.65 low 2 days ago with short of 40 pips from target 105.00-25 So our model still holding the same, as long as market holding trades below 107.00-30 another drop correction to test…
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As we advised yesterday and as we see over our previous chart GBP managed so far to hold Intraday support 1.4010 intact which managed to push market toward 1.4090-1.4120 zone as we advised yesterday Intraday may hold trades…
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Euro managed to hit below 1.2280 yesterday which may add more drop pressure over the Intraday Levels Market now facing resistance zone at 1.2320-45 which if managed to hold trades below another drop wave will be expected toward 1.2185-99…
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The month of March saw the Federal Reserve Bank hiking interest rates by 25 basis points in a highly anticipated move. The central bank signaled that it would stick to three rate hikes this year amid speculation that the Fed could move for…
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Daily Forex Market Preview, 04/04/2018 The U.S. dollar managed to post some modest gains on the day amid most of the economic data focusing on the manufacturing PMI's. Data showed that the Eurozone final manufacturing PMI was steady at…
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Daily Forex Market Preview, 04/04/2018 The U.S. dollar managed to post some modest gains on the day amid most of the economic data focusing on the manufacturing PMI's. Data showed that the Eurozone final manufacturing PMI was steady at…
Read More