Orbex - Forex Trading Library

British Pound fell below 1.2800 zone which triggered another downtrend wave over short run that may target 1.2500-50 zone as we advised before intraday will face resistance at 1.2795 which may hold the downtrend pressure while short…
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as market managed to hold trades below resistance 1.1280 more drop affected market where closing from support 1.1120 we still see the short run heading toward trend support at 1.1065-75 where below this level more drop may affect market…
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For the past few weeks, everyone has been talking about Deutsche Bank. It is not only Germany’s largest bank, but it is also considered a key element of the global financial system. As you may have heard, the bank is on an edge if a…
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The doji candlestick pattern is one of the simplest and easiest of all variations of the Japanese candlestick patterns to identify when doing technical analysis. While Forex traders often tend to pay a lot of attention to other more complex…
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What is Manufacturing PMI? It is called the Purchasing Managers Index, which is considered a leading indicator of the economic health of the manufacturing sector. It measures the level of a diffusion index based on purchasing managers in…
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Market managed to advance as holding support zone 18050 intacat last week where market managed to hit 18370 high last Friday and closing from target 18400-50 as we advised before from that zone 18400-50 will expect another drop toward…
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Market managed to add more drop movement as we advised last week where resistance zone still at 1328-29 market now facing support at 1310-12 where as long as market holding above another advance with trading zone may hit the market…
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Market managed to hold uptrend wave as we advised last week where market is closing from target zone 49.00-35 from that zone the maket will have chance for another drop correction toward 46.50 zone above 49.35 market may add more…
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Market managed to hold strength as support level 100.75-80 still holding market where iNtraday facing resistance at 101.65-85 from that zone will expect the downtrend pressure to back over market to head toward 99.00-50 zone while…
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British Pound managed to add more drop pressure to fell below 1.2915 after UK Prime Minister (Theresa May) pledged to pull out UK from European Union next March. market now showing ability for Intraday trading zone between support…
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