Orbex - Forex Trading Library

Gold still holding this Trading zone while market fell below 1328 indicating more drop correction on the stage market still looking for drop toward 1312-15 as we advised last week, while main support zone for the uptrend line…
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Short-Run still drop pressure still weighing on Crude Oil after IEA declare that surplus will last for longer than previously thought while market may head for rebound correction before resume downtrend wave as we see over the…
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USDJPY managed to head for some trading zone as resistance (104.25-50) managed to stop the uptrend movement. The Short-Run still looking for farther drop while another rebound toward (103.35-75) zone is available before downtrend wave…
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Market managed to retreat from (1.3445) zone , while still holding above support level (1.3230) which consider the support zone for the uptrend wave where channel levels still protecting market as we see over the chart. As long as market…
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Market managed to hit below 1.1220 which indicate for more drop movement as we advised last week first resistance at 1.1270-85 while market eyes still toward more drop toward second support 1.1150-70 while short-run target will be beyond…
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Among the various candlestick and bar chart patterns that a trader is usually familiar with, one particular pattern has grown to become a favorite of mine. The inside bar forex pattern! But what is an Inside Bar Trading Strategy? Of…
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Gold and Silver are still positive on the year. Gold added more than 20% since the beginning of the year, while Silver advanced by more than 40%. This is primarily due to the fact that central banks' cheap money is still increasing, and…
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Lael Brainard, a member of the U.S. Federal Reserve's Board of Governors; Image via World Economic Forum Market Summary Japan core machinery orders rebound in July Japan PPI declines, but at a slower pace US dollar trades…
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The Japanese yen was again at the front coming out as the top performing currency last week. Gaining over 1.37% against the US dollar, the yen rallied mostly on the dollar weakness after last week's ISM services report. Following the yen…
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The currency markets opened on Monday on a quiet note with most of the trading confined to the Asian and European sessions. The US and Canadian markets were closed on Monday. Economic data during the day was confined to the services PMI…
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