Orbex - Forex Trading Library

The FTSE(UK 100) attempts to hit a fresh high The FTSE(UK 100) remains bullish as bears failed in their attempts to pull prices lower. The index continues to rally as the 8800 level becomes the main resistance level. Any chance of a…
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XAUUSD drops lower Gold remains under pressure as traders focus on the continuation of the dollar’s rebound in recent sessions. With the ongoing global tensions, along with economists awaiting the next move from the White House, the…
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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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Gold corrected as expected over the last few days and managed to hit the targets 3279 and 3250. As we see over the Intraday chart, the market is facing support around 3279 where as long as prices hold above it, a rebound correction toward…
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Oil hit a high around 64.10 last week and dropped to close in again to 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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USDJPY met the target of 145.95 before the market hit a fast correction. As we see over the chart, prices are facing Intraday resistance around 144.45 with support around 143.40. As long as prices keep holding below 144.40, a chance for a…
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The Pound dropped as prices remained below the resistance of 1.3635-45 and printed a 1.3415 low yesterday. As we see over the Intraday chart, the market is facing the first Intraday resistance around 1.3525, where as long as the market…
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The Euro yesterday fell below 1.1365 as the second support at  1.1200 managed to push market higher again. As we see from the chart, the market is facing Intraday support around 1.1300 where as long as prices hold above it, a trading zone…
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Markets will keenly watch the different versions of purchasing managers index out of China over the weekend and early next week. The data will likely be pivotal for several commodity currencies, though could have an effect farther afield…
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