Orbex - Forex Trading Library

(GER40) DAX hits another higher high The (GER40) DAX remains bullish, even though prices have experienced a slight correction. A move below the psychological level of 24000 has pushed the index back to consolidation mode. After the RSI…
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Earlier this year, US President Donald Trump hinted at firing Fed Chair Jerome Powell, causing turmoil in the markets. Then the President confirmed that Powell would serve out his term. But, it seems Trump hasn't given up on doing more than…
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The Dow managed to break above the resistance of 43300 which could now push for an advance toward resistances 44035 and 44550-90. The market managed to hit the first target of 44035 while still looking towards the second target at 44550.…
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Gold managed to break above the resistance of 3301 and pushed the market for further advance towards 3335-50. As we see over the chart, prices face a resistance zone around 3350-60 which could push for a drop towards 3300 before advancing…
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Crude Oil managed to hit a  fast correction and as result of easing tensions in the Middle East. Prices hit targets 71.45, 68.00 and closed from the third support 63.70. As we see over the chart, and as long as the market holds above…
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USDJPY managed to break below the support 143.30 which could push the market for a drop towards 141.50. As we see over the chart, the market is facing resistance around 143.40-90 which if managed to hold below it, a further drop…
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GBPUSD starts to show a chance for an advance as the market hit a few pips above the resistance of 1.3745-75. As we see over the chart the market is facing the chance for a correction toward 1.3675 advancing again. Whilst above…
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The Euro met the second target of 1.1690 and above. As we see over chart, the market is still on an uptrend wave which is still looking for the third target at 1.2000. Intraday levels show the first support around 1.1765 and 1.1650-60,…
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USOIL(crude WTI) stuck in consolidation USOIL(crude WTI) remains stuck and lacking any conviction after last week's sell-off. The move suggests that buyers are attempting to regain their footing after prices fell from the 78.00 level.…
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