Orbex - Forex Trading Library

XAUUSD 1065 as we see over the chart, market seems heading to hold trades inside downtrend channel resistance at 1081 zone while support may come toward 1058 zone main resistance still at 1100 below 1058 expect 1030 while…
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Oil (CL_6F) 37.00 Market managed to sustain drop after testing 39.00 resistance zone where managed last Friday to hit our target zone 35.50 Market short-run showing trading zone between 33.60 - 39.00 levels while below 33.50…
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USDJPY 122.00 as we see over the chart, market managed to sustain drop where managed to test support trend of the uptrend channel at support zone 120.00-50 as long as market holding above 120.00 will expect another uptrend wave…
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GBPUSD 1.4995 As we see over the chart, British Bound managed to break below support line of the uptrend channel which may add more drop pressure to sustain movement toward 1.4945 market face support zone at 1.4890-1.4945 zone,…
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EUR USD 1.0925 Market managed yesterday to break below support of the rising wedge pattern where managed to hit first target around 1.0925 zone we still see ability to continue drop movement toward 1.0800 zone as market expect…
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Yesterday’s RBA (Reserve Bank of Australia) minutes had only a slight impact on the AUD/USD trend, moving the major 10 pips up in a neutral position. In terms of technical analysis, the price has the support at the 100 SMA (Simple Moving…
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It's Fed day as the US FOMC concludes its two-day meeting. At 19:00 UK time, the Federal Reserve will be presenting its monetary policy statement including the Fed's staff economic projections. Expectations are for the Fed to hike the US…
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The commodity markets have been under pressure in the recent weeks, but Gold prices managed to hold their ground initially but soon gave up to trend lower along with Silver. At the time of writing, Gold prices are down -0.95% on a week to…
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Inflation remains broadly positive in the UK and US RBA meeting minutes released Australia HPI q/q 2.0% vs. 2.0%; y/y 10.7% vs. 10.2% UK Core CPI y/y 1.2% vs. 1.2% UK CPI m/m 0.0% vs. -0.1%; y/y 0.1% vs. 0.1% UK HPI y/y…
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DOW .. (DJ_5z) 17460 Market managed yesterday 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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