Orbex - Forex Trading Library

In the previous article in the Market Sentiment context, we laid out the basic groundwork on what Market sentiment is and how traders can make use of this commonly occurring phenomenon in the markets and thus find themselves in a better…
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The Yen closed another week with gains, rising 0.21% for the week and on a month to date basis, the Yen is up 2.77%. The gains in the Yen are primarily driven by safe haven bets with lingering concerns from China's economy and the stock…
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AUDUSD (0.68): The Australian Dollar was significantly under pressure this week on concerns from China and a general risk off sentiment. The Aussie fell -1.20% during the week as prices touched a 5-year low this week at 0.686. The declines…
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Risk On, Risk Off.. or RoRo as its commonly called, is probably an important term widely used in the financial markets, regardless of what assets one is trading. Depending on how the underlying sentiment prevails, traders can use this…
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On Wednesday, the AUD/USD flashed in a knee-jerk rally of around 30 pips, getting close to the 0.7050 handle and reaching towards 0.7000 as good data came out from the Chinese officials regarding their trade volume growth. The fairly…
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The US Dollar Index has been rather choppy over the week but with price action trading off 98.41 - 97.98 support, the bias remains to the upside with the price point of 100 now in focus. Economic data from the US over the week has been…
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Today’s Economic Events Japan core Machinery orders m/m -14.40% vs. -7.30% Japan PPI y/y -3.40% vs. -0.40% Australia employment change -1.0k vs. -11.0k Australian unemployment rate 5.80% vs. 5.90% Japan prelim machine tool…
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Dow Jones 16040 Market managed to test support zone 16000 while showing ability for farther drop over short-run toward our target 15800-900 zone market still facing resistance zone at 16270-16300 where as long as market holding…
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Gold 1095 market managed to re-test support 1080 as we advised before while managed to rebound from that zone so far as long as market holding above 1080 support the chance to continue the rebound correction toward 1130 will…
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Oil 30.75 short-run showing continues drop pressure over Oil where market facing several resistance level starting from 31.20 , 31.70 , 34.25-35 as long as market holding trades below 31.20 the downtrend will sustain toward target…
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