Orbex - Forex Trading Library

Brent Crude oil prices naturally spiked overnight following Israel's attacks on Iran. The news is still developing, with reports that Iran's nuclear facilities were targeted, as well as top military commanders. Israel said that the attacks…
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The Gold (XAUUSD) tests demand zone The Gold (XAUUSD) corrected after reaching oversold levels as prices ventured towards $3400. An initial bounce is a sign of profit-taking by short-term sellers in the mid-3350 area, which could ease…
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The lack of progress in reaching trade deals is starting to worry markets. One of the ways that traders are trying to get ahead of the situation is taking long positions in Asian (and Oceania) currencies. At least, according to a recent…
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The Dow jones (US 30) continues to rebound The Dow jones (US 30) gained further traction to complete a full turnaround as prices remain bullish. The index is still trying to preserve its strength after hitting another fresh high, which…
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Over the last couple of days there have been some rumors of what could be a political-markets bombshell. Some media outlets have speculated that current US Treasury Secretary Scott Bessent is being considered as a candidate for Chair of the…
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GBPUSD dives lower The pound took another hit as unemployment ticks higher in the UK. After a brief move above the 1.3500 level, prices fell over 70 pips to halt the bull run. This latest psychological level is where some sellers have…
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The Dow managed to hit the target of 42600-700 as prices broke above it last week. As we see over the Intraday chart, the market is now facing support around 42500-600, where as long as prices remain above it, the advance wave still…
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Gold remains below the Intraday resistance zone which is now around 3338, which still gives a chance for a drop toward 3250-70. Above 3338 the market will start to gain strength which could push prices for an advance with resistances at…
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