Orbex - Forex Trading Library

Market sustain the drop movement while hit 39.85 today where market will face resistance at 40.60 and (41.85 - 42.20) for the short-run as long as market holding below one of those resistance the downtrend movement willl sustain toward…
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Market managed today to test our support zone 101.50 as we advised before and as we can see on our previous chart market will have chance for rebound correction toward 102.80 & (103.50 - 104.00) zone as long as market sustin trades…
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market managed to sustain trades above support 1.3120 as we advised before and as we see over our previous chart some traders start to expose thier doughts on BOE rate cut this week which drive market higher today as long as market…
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Market sustain the uptrend movement with frish high today as market sustain trades above support 1.1110 market still facing support zone at 1.1110-50 , where as long as market holding above this zone the uptrend will continue toward…
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EURUSD (1.1177) posted strong gains last week after price remained in a consolidation mode for the most part. The breakout above 1.105 saw price close last Friday just below the identified resistance level of 1.123 - 1.1214. The longer term…
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Market Summary China official manufacturing PMI slips into contraction, Caixin manufacturing PMI beats estimates China’s non-manufacturing PMI rises for the third consecutive month Eurozone manufacturing PMI falls to 52.0 in…
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Economists divided on RBA’s policy decision this week Forecasts point to a 25bps rate cut, expected to bring down interest rate from 1.50% to 1.25% Latest quarterly inflation data shows a QoQ increase of 0.40% or an annualized…
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Market Context: The US dollar sold off on Friday as the ICE Futures US dollar index fell to 95.52. The greenback was beaten by the BoJ's easing which was greatly short of what the markets were expecting and followed by the Q2 GDP print…
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As we advised last week, market sustain trades below resistance 18550 which kept downtrend pressure over short-run as long as market holding below 18550 will expect farther drop to test 18100-60 zone where market may head for rebound…
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Market managed to hold trades inside uptrend wave as we advised last week while short-run target still toward 1360-70 zone Intraday trading levels showing ability for market to head for up and down movement before hit 1360-70 zone…
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