Orbex - Forex Trading Library

The Euro printed a 1.1557 low last week as prices remain above the support trend of 1.1535-50. If prices hold above 1.1535-50, the advance wave still has a chance for another push higher. The market managed to advance toward 1.1715 so…
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Global markets are watching trade negotiations with a certain amount of trepidation. Risk appetite has shifted towards safety, as the failure to reach trade deals is seen as likely to harm economic growth. This is particularly concerning…
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(FTSE)UK100 pushing for another peak The (FTSE)UK100 ignored the recent sell-off as price action made another move higher. A push above the previous swing high of 9000 has put the bulls on the attack, regaining most of the losses from…
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The RBA (Reserve Bank of Australia) will publish the accounts of its last meeting on Tuesday. That's the meeting where Australia's central bank surprised markets and analysts by keeping rates unchanged, rather than the expected cut. Since…
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(Nas 100) Nasdaq another day, another record The (Nas 100) Nasdaq hit another milestone as the bull rally continues. The index encountered more buying interest as tech stocks continued to dominate. Profit-taking could drive the price…
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GBPUSD drops from multi-year highs Cable bounced away from its recent double top as the Fed hints at holding rates unchanged for longer. The recent spike in inflation has not helped the pound, as the economy continues to struggle with…
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This week saw the unofficial kick-off of the second quarter earnings season. Over the next month or so, most major global corporations will report to their shareholders on the results of the last quarter and the first half of the year. This…
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The Dow managed to test the support at 43870 and pushed for a rebound. As we see over the Intraday chart, the market is facing resistance around 44650-700, and if prices hold below it, another drop swing could hit the market…
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Gold managed to meet the target of 3305-15 yesterday and managed to push for a correction. As we see over the Intraday chart, prices face support around 3332 with resistance at 3358 which could hold a small trading zone. Above…
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