Orbex - Forex Trading Library

The Pound printed a 1.3332 high today while we still hold our previous outlook as per yesterday. As long as the market holds below this resistance of 1.3360, another drop will be expected to test the 1.3200-20 zone while below this level…
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The Euro managed to print a 1.1065 low on Monday and rebounded towards the resistance zone at 1.1265. As we see over the chart, prices remain inside this trading zone. Above 1.1290 more advance toward 1.1380-1.1425 could hit the market.…
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Next week starts with some data that could shake up or reaffirm the market's confidence in the future. The last few days have seen markets moving back to a risk-on profile, with stocks rising and safe havens falling. This has left gold and…
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FTSE 100 (UK100) stuck sideways The FTSE 100 (UK100) looks for direction as prices, along with the RSI, remain in a lengthy consolidation. The bounce off April’s low showed solid interest in keeping the bullish bias intact and…
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Dow managed to hold trades below resistance 42560 where managed to met target 42000 and closing from second target and support 41600 As long as market keep holding trades above 41600 support another advance may hit the market where…
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As we see over the Intraday chart, Gold managed to test the edge of support zone 3103-20 while managed to rebound toward 3154 so far As we see over the chart and as long as market holding trades above support 3103-20 a farther rebound…
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Crude Oil managed to met targets 61.50 and resistance 63.50 while managed to hit some drop correction movement and closing again from support zone 59.50-90 As we see over the chart and as long as market keep holding trades above support…
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USDJPY managed to hit some drop correction where managed today to close from support 145.40 As we see over the chart market may head again for another advance from 145.40 support while target and resistance zone laying at 148.20-60…
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GBPUSD managed to add more rebound correction while managed to test downtrend resistance line around 1.3360yesterday As long as market keep holding trades below this resistance 1.3360 another drop movement will be expected to test…
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