Orbex - Forex Trading Library

Up until quite recently, the markets were betting that the BOC (Bank Of Canada) would cut rates at Wednesday's meeting. But last week's surprisingly strong GDP data has changed that perception. The market is pricing in a more likely…
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The silver (XAGUSD) hits another spike The silver (XAGUSD) spiked higher as global tensions increased. After being inside a bearish channel for the majority of last month, a break above 33.60 suggests the bulls are back in the game.…
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Gold managed to hit a rebound today to close again to the resistance zone at 3365-70. If the market holds below the resistance zone of 3365-70, another drop toward 3270 and 3245 will be expected. Above 3370 more advance toward 3415…
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Oil managed to hit high around 64.10 two weeks ago as prices tested the support zone of 59.50-90. As we see over the chart, prices face resistance around 64.80 and support around 59.50-90 which could keep the market inside this trading…
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The Dow managed to hold above the support at 41850 and managed to move above 42435. As we see over the chart, the market managed to re-test the support zone of 41800-50 where as long as prices hold above it, a chance for another rebound…
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GBPUSD indicators still show some drop pressure over the market, but as long as prices hold below 1.3595, the target will look towards the 1.3330-60 zone. Above 1.3595 a chance for a further advance toward 1.3735 could hit the market.…
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As we advised last week and as we see over our previous chart USDJPY managed to hold trades below resistance 144.45 where managed to activate another drop movement while managed today to print low around 142.75 As we see over the…
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The Euro held above the support of 1.1300 and advanced toward the first target at 1.1390 and broke higher. Prices tested the resistance of 1.1440, as the first supports is are at 1.1380 and 1.1300, with the second target looking towards…
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the Aussie (AUDUSD) has been stuck going kind of sideways for the last month or so. There have been plenty of ups and downs, but it seems the market needs something a little more convincing to break out of the range. Up until the huge…
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