Orbex - Forex Trading Library

GBPUSD 1.5160 Sterling One more time a sell-off generated after the previous re-test of the broken channel , however now all the market players are keeping an eye on 1.51s . This level if market below it then 1.49 the target on the…
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EURUSD 1.1164 Eur / USD as shown on the chart, the pivotal level would be 1.11s on the short-term (Even Intra-day); so the higher probability scenario to be on the downward move * which means the breakout the mentioned levels is the…
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The Chinese manufacturing sector figures were released on Wednesday. The data shows that the activity contracted once again, marking the 7th regression month in a row. It is no use to say that expectations are also going to be missed for…
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The US Dollar Index has been quite volatile since the past week as the currency weighted index managed to recover its FOMC induced losses from last Thursday. The Dollar index briefly dipped to the lows of 94.35 before staging a strong…
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Yen posts another day of gains on risk aversion Today’s Economic Data: Japan trade balance -1035mn vs. -875mn Japan flash manufacturing PMI 50.9 vs. 51.3 Japan all industries activity 0.2% vs. 0.1% German Gfk consumer…
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New Dow Jones Contract … DJI_ 5Z 16075 The Dow fell again, and return below support at the 16,200 level, there is a significant amount of support down to reach towards the 16,060 area again to go going forward to break 16000 level.…
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XAUUSD 1135 The confusing yellow metal ! We are still on the same expectations for yellow metal until we see change at the levels that we have mentioned in our previous reports. while the negative scenario still valid unless…
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New Oil Contract … CL_5X 44.60 The market not keeping its stability above 46.8s, the price bounced strongly to the downside after testing 46.80s level, to approach from the first support 44s. And as we mentioned in our recent…
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USDJPY 119.60 AS the market within the symmetrical triangle then we will wait is the better option for any wise trader. The main levels 121 / 118, any penetration of one of them it means more to come on the direction of the breakout…
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GBPUSD 1.5270 we see the downside scenario if market keep trading below this level 1.5400 and settled below it, where the price is near from 1.5230 as we mentioned. we monitor the price carefully, breaking the mentioned level will…
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