Orbex - Forex Trading Library

Intraday levels managed to jump above resistance 101.50 which indicate farher rebound correction where market will face 103.20-60 as resistance level. as long as market holding below 103.60 the downtrend wave will sustain toward 94.90…
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As we advised last Friday : market managed to sustain the drop movement as Pound fell below support 1.3120 where we advised that below this level downtrend wave toward 1.2500 wil sustain market now facing resistance level of…
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As we explained last week and as we see over our previous chart, market still holding above 1.1000 which still giving chance for another rebound toward 1.1140-60 before the downtrend wave to sustain toward 1.0825 target while below…
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Image via donielle/ Flickr Friday's nonfarm payrolls report from the Bureau of Labor statistics showed that the US economy added a lot more jobs that what was expected. The data showed 287k jobs being added in the month of June, which…
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Sharpen your sword! Orbex announces the biggest selfie contest of the year – Trading Selfie! Orbex Team knows what it takes to become a professional trader, and we want to see how you are climbing towards the financial success. We are…
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The Japanese yen was the top performing currency last week, gaining 2.09% to the US dollar. The risk aversion sentiment last week was clear with Gold prices also seen gaining strongly. The AUD and the NZD interestingly also gained.…
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The markets opened on a quiet note this week with the US markets closed on account of the Independence Day holiday. Trading was fairly quiet on Monday, with a focus on Australia. The weekend elections saw no clear winner emerge, quickly…
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Crude Oil prices are heading to a very bearish week with prices currently down by over 7.50% on a week to date basis. After closing last week at $49.18 a barrel, WTI Crude oil futures opened this week slight lower at $49.12 and after a…
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The US nonfarm payrolls data will be released today, on July 8th, 2016 by the Bureau of Labor Statistics at 12:30 GMT. Heading into the event, the consensus estimates for the month of June are as follows: Monthly Nonfarm payrolls:…
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Australia’s credit rating put on ‘Negative’ watch list by Standard and Poors ratings agency. Germany’s industrial production contracts 1.30% in May UK’s industrial and manufacturing production fall less than expected In the US…
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