Orbex - Forex Trading Library

Market managed to head to test downtrend line for the Old contract around 46.00 zone on speculation for Oil output freez market still have chance for drop correction toward 43.10-50 as long as market holding below 46.20 zone above…
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market managed to hit below 100.65 where we advised before that below this level market may head to test 99.00-50 zone below 99.00 market may enter new downtrend wave that may target 94.90 market resistance at 101.05-45 where as long…
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British pound managed to hit target 1.2850-70 zone where managed to rebound today on better than expected UK inflation market tested resistance level of the downtrend channel around 1.2990 as we see over the chart while support zone…
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Market managed to break above 1.1235 which activated another uptrend wave that may target 1.1400-25 zone market now facing support at 1.1200-25 and 1.1150 where as long as market holding above one of those supports more advance will be…
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The US dollar index is likely to extend its declines following the breakout from the bearish flag pattern that saw prices consolidate near 95 support through 96.50 resistance. Forming an inside bar yesterday, prices are likely to extend the…
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Market Summary Japan GDP growth in Q2 stays flat BoJ lowers CPI, based on new base year and formula BoE’s Chief economist, Andy Haldane defends central bank’s policies European markets quiet on account of regional bank…
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Market Context: It is fairly evident that the markets have been trading rather flat. With no clear indication on the prospects of US monetary policy, the markets have settled into ranges focusing on the macro developments. The US economy…
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Market managed to hold trades above 18400-50 zone which heading with market for more advanced to re-test resistance zobe 18635 market now showing 2 support zone one at 18465 and second at 18245 where as long as market holding above one…
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market managed to retreat from resistance zone 1350-55 as we advised last week where managed to re-test 1330-34 support zone as long as market holding above 1330 another rebound correction will be expected toward 1350-55 below 1330…
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we advised in our last week projection that any break above 42.00-20 zone may set target toward 44.40 zone which already done while above 44.40 a chance to head for test 45.80 - 46.00 zone still on hand from that zone 46.00 will…
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