Orbex - Forex Trading Library

Dow Jones 17425 Market is seen to have travelled higher aiming closer at the Resistance levels of 17425-17528. Market does look like it favors a trend corrective move upwards before making a trend continuation move downwards along…
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Gold 1071.22 Market maybe trying to test and pierce through the Support zone of 1070.70 – 1067.09 area Market does look like it favors a short term rebound move as a correction to its current trend before making a continuation of its…
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Oil 35.79 Market is seen to have travelled sideways but slightly under the resistance levels of 35.89 with very close proximity of the target for D point at 14.35. Market does look like it favors a trend continuing move downwards…
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USD/JPY 120.98 Market maybe trying to bounce off from the Support zone of 120.89- 121.22 area in order for it to be at an area with more ‘bullishness’ hint. Market does look like it favors a sideways move as of now a continuative…
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GBP/USD 1.4851 Market maybe trying to rebound from between R1 & R2 area of 1.4844 -1.4869 area. Market does look like it favors a downwards move as a continuation of its current trend before making a corrective move upwards based…
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EUR/USD 1.0924 Market maybe thru the Resistance levels marked by the green horizontal lines as shown in the charts above of between R1 & R3 area of 1.0932 -1.0884 area in order to hint a stronger bearish outlook for the Euro.…
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The precious metals have seen a recovery rally over the week. Gold is up 0.70% for the week while Silver prices gained 1.02% on a week to date basis. This comes amid a short trading week and low volumes. The most recent economic data from…
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US third quarter GDP confirmed at 2.0% UK Gfk consumer confidence 2 vs. 1 Swiss trade balance 2.14bn vs. 3.82bn German import prices m/m -0.20% vs. 0.20% Eurozone Gfk consumer climate 9.4 vs. 9.3 UK Public sector net…
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Dow Jones 17116 Market is seen to have travelled and the target for D point at the 17055 area. Market does look like it favors a trend corrective move upwards before making a trend continuation move downwards probably beyond the D…
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Gold 1079.05 Market maybe trying to test and pierce through the Resistance zone of 1073.21 – 1076.45 area Market does look like it favors a short term upwards move as a correction to its current trend before making a continuation of…
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