Orbex - Forex Trading Library

DOW .. (DJ_5z) 17610 Dow managed to obtain drop correction where back to re-test support trend line 17525-50 as we see over the chart market uptrend wave still sustain toward 17800-900 zone as long as market holding trades above…
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XAUUSD 1138 as we see over the chart, Gold still holding trades inside short-run uptrend channel where support level at 1120-25 zone market managed to fell below 1150 where target become toward 1120-25 as we advised last week as…
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Oil (CL_5Z) 45.80 market still facing resistance at 47.50 where as long as market holding trades below this level will expect the drop pressure to back to affect market to head toward 41.70 above 47.50 market will face resistance…
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USDJPY 120.60 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 1.5470 British pound managed to back to re-test resistance zone 1.5510 after U.K Manufacturing PMI. so far market still capped below resistance 1.5510 which giving ability for another drop toward 1.5360-80 zone above…
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EUR USD 1.1025 Market managed last week to advance above 1.1000 zone where faced resistance at 1.1070 as expected. intraday trading seeing trading zone between 1.0990 - 1.1070 below 1.0990 the downtrend pressure will sustain…
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The USD/JPY major closed last week with a spike, reaching down to 120.30, but recovering a part towards the 120.65 area. The come-back was due to the bullish tone in the JPY, although the knee-jerk reaction was brought by the BOJ's (Bank of…
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Last week saw the markets return to the main fundamental theme of monetary policy divergence. Just a few weeks after the ECB announced its intentions for further expanding the QE program at the December meeting, the Federal Reserve sent a…
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The Australian dollar turned out to be the weakest currency last week as weak inflation numbers saw the Aussie being sold off ahead of the RBA's meeting the coming week. While expectations remain for the RBA to hold rates steady, there is a…
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AUDUSD (0.70): The Australian dollar turned out weak losing -1.67% at the time of writing, trading near a 3-week low at 0.709.  Quarterly inflation remained weak, rising 0.5% on the headline and 0.3% on the core, missing estimates on both…
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