Orbex - Forex Trading Library

Crude Oil futures poised for a weekly gain Crude Oil futures are poised to make a second consecutive week of gains after prices formed a small bodied candlestick pattern last week. Currently up 3.78% for the week, Crude Oil got a temporary…
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US Durable goods orders rises 3.0% BoJ MPC Meeting minutes released Italy retail sales m/m -0.1% vs. 0.5%; y/y 1.5% vs. 1.4% UK Spending review and autumn statement US Durable goods orders m/m 3.0% vs. 1.6%; Core durable…
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DOW .. (DJ_5z) 17810 Market managed to hit our target zone 17600-800, last week Market retreat before hit any prices above 17900 which may add more risk for another drop correction market facing support zone at 17570 - 17600…
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XAUUSD 1072 Market fell yesterday from 1081 zone which initiate new triangle formation as we see over the chart market may hold trades inside this triangle why any break may head the market toward one of our target zone as we…
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Oil (CL_6F) 42.25 Market managed to hit our support zone 39.60-40.00 as long as market holding trades above 37.75 a rebound correction chance will sustain at market where targets would be toward 57.00 zone below 37.75 market may…
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USDJPY 122.70 market managed to head for drop correction as we expected while managed again today to test support zone 122.00-55 which still consider as long(buy) zone as long as market holding trades above main support 121.45-65…
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GBPUSD 1.5060 market managed to break below 1.5080 yesterday in additional signs to sustain drop to test support trend around 1.4980 zone as long as market holding trades below 1.5110 the downtrend will sustain toward 1.4980 zone…
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EUR USD 1.0580 As we expected Market sustain trades inside short-run trading channel where closing now to support line 1.0560-70 market may sustain trade inside this downtrend channel as market facing main support zone inside…
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Monday marked the release of November’s German PMI (Purchasing Managers’ Index) which came out at 52.6 versus October’s 52.1, reaching a new 3-month high and beating the expected 52.2. The service sector’s activity increased strongly…
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The precious metals markets are attempting to recover after nearly a few straight weeks of declines. Gold prices touched a weekly low at 1066.5, while Silver dropped to 13.89, both posting nearly a 5 year low across the board. Yesterday,…
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