Orbex - Forex Trading Library

Gold futures have been trending lower this week after prices were seen briefly testing the weekly lows of 1102. Uncertainty of the Fed's FOMC meeting outcome is likely to keep Gold futures trading in a tight range and could potentially…
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BoJ stands pat on policy while RBA promises to keep rates low Today’s Economic Data: RBA releases monetary policy meeting minutes Australia new motor vehicle sales m/m -1.6% vs. -1.6% previously BoJ leaves monetary policy…
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DJI_5U 16380 A rising channel has been broken! Apple announcement did not make investor more optimistic about the US stock market; the price still within the expected range. This week will be the major week for all markets to see…
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XAUUSD 1106 Still confirming our breakout Market is going to lower levels as it is trading below 1125s, at the levels of 1180s/1190s the market would face a major support levels, which will be the real test of the market sentiment.…
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CL_5V 44.40 No major change since last week ! Still we see the market playing in our noticeable symmetrical triangle, with no major change, where you think the breakout out direction would be? For me still I think the selling…
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USDJPY 119.72 A symmetrical triangle on the 4H chart Is market has reversed its recent downward breakout or it is just retrace the move? More probably it is a matter of retracement and consolidation, to be in the safe side of…
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GBPUSD 1.5419 A test for the breached level! As shown on the chart the sterling (which its current Queen became the longest ruler for the United Kingdom!) The market has increased on its demand on that currency which pushed the rate…
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EURUSD 1.1317 Within the bigger channel The market today is trading higher than 1.13s levels which is considered as the pivotal level between the coming day’s directions (the direction up To touch the higher band of the channel @…
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EURUSD (1.12): The single currency has been attempting to trend higher but momentum seems to be losing steam near the previous lower high of 1.1315 region. At the time of writing, price action is pointing to a strong reversal on the daily…
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The RBA's meeting minutes for the monetary policy review conducted earlier this month showed that the members acknowledged that growth was trending "below average" highlighting downside risks to the Australian economy. The members however…
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