Orbex - Forex Trading Library

EUR USD 1.1320 Euro on the major support on the short-term, the market in general waiting the ECB measures & Data from US economy to judge the divergence between those major economies about future path for their interest rate.…
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The European Central Bank meets today for its monetary policy review with the biggest question being whether the ECB will expand its QE purchase program beyond 2016. Nearly 10 months after the ECB announced its massive bond purchase program…
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Crude oil futures looking weak on inventory build-up and ascending wedge break out WTI Crude Oil futures fell by nearly 1.4% yesterday, and are down -3.83% lower for the week at the time of writing, trading near $45.42. The weekly US…
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DOW .. (DJ_5z) 17177 Dow Jones still trading in high volatility range, the market in a reversal to upward mode .We do expect now the levels of 17350 . However, the new mid-term uptrend would be expected and the market’s target…
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XAUUSD 1175 Market has broken the mid-term down trend at the levels of 1120s , as long as the market trading higher than these levels then on the short-term the higher probability move would be upward with increasing buying pressure…
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Oil (CL_5Z) New Contract 45.70 Failure descending triangle. However, the market confirmed for breakout of that pattern and break 49 level and now on the pullback scenario to re-test the broken pattern. Now oil price continues its…
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USDJPY 119.98 A downward breakout to the major support at 118s , as expected . that was the result of weak dollar and penetration of the pattern as we highlighted on our charts . So what to come next ? we would see a pull back to…
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GBPUSD 1.5454 GBP-USD, with an increasing buying pressure, so, with this new development the most probable scenario is a short up trend toward 1.5480 level that’s will extend the bullish wave to reach 1.5600, while the bullish bias…
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EUR USD 1.1347 EUR USD success to break the descending triangle, and now we still seeing the buying pressure is stronger. As long as market higher than the levels of 1.1230s then an upward move to 1.16s is the higher probable move,…
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Markets turn to BoC monetary policy New Zealand Visitor Arrivals m/m 4.2% vs. 0.5% previously Australia CB leading index m/m -0.4% vs. 0.3% previously Australia MI leading index m/m 0.1% vs. -0.3% previously Japan trade…
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