Orbex - Forex Trading Library

Oil (CL_6G) 36.00 Market so far holding trading zone while we still short-run trading zone between 33.60 - 39.90 short-run showing ability for market to hold support 34.50 for a chance for another rebound toward 38.40-60 zone…
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USDJPY 122.45 Market managed to rebound from our support zone 120.00-50 toward first target 123.50 market retreat fast from that zone as Bank of Japan Kept Monetary Policy Unchanged as long as market holding above 120.00 the…
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GBPUSD 1.4905 Market so far showing drop pressure sustain over short-run where first resistance around 1.4975 as long as market below this level the downtrend pressure will sustain toward 1.4740 above 1.5010 market will have…
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EUR USD 1.0835 Market managed to sustain drop movement after Fed Rate hike where market is closing from our first target 1.0800 zone as long as market holding trades above 1.0790 we will expect another rebound toward 1.0980 zone…
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This December Orbex celebrated the launch of the Scientific FX Training Series with the grand Asia Tour! The company organized multiple seminars and workshops to demonstrate to traders in Asia that ‘scientific’ trading is not necessarily…
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AUDUSD (0.71): The Australian dollar is down -0.81% to the Greenback with prices posting lower highs since the past few weeks. Data from Australia was largely limited to new motor vehicle sales which increased 1.0% against estimates calling…
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On Wednesday UK’s ILO (International Labor Organization) 3-months unemployment rate was released, coming out at 5.2% with a previous reading of 5.3%. Job claims count went up in the month of November with 3.9K, reaching 0.796 million. The…
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Where does the Dollar go to from here? With the Fed rate hike now done with, the markets still remain uncertain on the direction of the US Dollar as some economists expect the US Dollar to continue drift higher but albeit at, a slower pace…
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UK Retail sales rise 1.70%. Markets calm after Fed hikes rates! Japan Merchandise trade exports y/y -3.3% vs. -1.6%; trade imports y/y -10.2% vs. -7.3% German IFO Business climate 108.7 vs. 109.0; IFO current assessment 112.8 vs.…
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DOW .. (DJ_5z) 17800 Market managed this week to re-test 17150 while rebound fast to obtain daily close above support level of the uptrend channel as we see over the chart so far market showing ability to build another uptrend…
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