Orbex - Forex Trading Library

Oil (CL_5Z) 48.00 market managed to jump above 47.50 which activate more advance where 48.85 and 50.90 will be the resistance level as long as market holding trades below 50.90 will hold the short run ability to fall toward 41.00…
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USDJPY 121.25 Market so far still holding short-run trading range inside triangle model as we see over the chart, where main resistance still at 121.65 zone. as long as market holding trades above 120.00 levels will expect the…
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GBPUSD 1.5420 British pound managed to back in another try to re-test 1.5470-1.5510 zone as long as market sustain trades below 1.5510 another drop toward 1.5285 will be expected above 1.5510 expect market to sustain advance…
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EUR USD 1.0925 Market still holding downtrend pressure as we advised before as market sustain trades below resistance 1.1070 so far market facing 1.0895 and 1.0820-35 as support levels as long as market sustain trades below the…
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The private payrolls report from ADP is due for release later this afternoon. Expectations are for the US economy to have added 183k private jobs in the month of October, modestly lower from the 200k jobs added a month ago. Although private…
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On Monday, China’s Caixin PMI (Purchasing Managers Index) came at 48.3 for the month of October, versus and expected 47.5 and a previous 47.2 posting. Whilst reports from the previous eight months have been of a constant economic decline,…
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RBA leaves cash rate unchanged at 2.0% ANZ Commodity prices m/m 6.9% vs. 5.5% previously RBA leaves cash rate unchanged at 2.0% Spain unemployment change 82.3k vs. 70.3k UK construction PMI 58.8 vs. 58.9 Later US…
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EURUSD (1.09): EURUSD has stalled in its declines from last week as the daily charts indicate a potential corrective move to the upside. Prices have been consolidating near the support/resistance level of .0977 through 1.0945 level for the…
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The Reserve Bank of Australia is due to meet early tomorrow for its monthly monetary policy review. The decision for the interest rates at tomorrow's meeting is likely to be a very close call as recent inflation numbers could see the RBA…
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UK Manufacturing PMI posts a yearly high at 55.5 Australia AIG Manufacturing index 50.2 vs. 52.1 Australia MI Inflation gauge m/m 0.0% vs. 0.3% previously Australia building approvals m/m 2.2% vs. 1.8% Japan final…
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