Orbex - Forex Trading Library

The American economy is expected to have recorded a significant slowdown in the first quarter. However, there is wide disagreement as to how much. Given the general pessimism in the market, that lack of consensus opens the possibility for…
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USOIL(WTI crude) hitting a higher high USOIL(WTI crude) continues to push as price action remains bullish, even after a slight dip. After moving back above 64.00, the commodity now has its sights set on a new high towards 65.50, which…
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The Dow managed to meet targets 39200-300 and 40100. As we see over the chart, the market is still under pressure as long as prices keep holding below the 40915 resistance. Above 40915 more advance toward 42500 could hit the market…
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Gold remained below 3500 and managed to drop as we expected in the last two days to hit the target of 3364 and below. As we see over the chart, the market is facing a chance for a further rebound toward the 3385 - 3410 zone which could…
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Crude Oil managed to hit a high around 64.80 yesterday as the market still holds below the 65.10 resistance. As we see from the Intraday chart, the market is facing a chance for a trading zone between support 61.50 and resistance 65.10.…
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USDJPY managed to hit a target of 143.05 and above. As we see over the Intraday chart, the market is facing resistance around 144.20, where as long as the market holds below it, a drop toward 141.50 and below will be expected. Above…
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GBPUSD held below the resistance of 1.3435 and dropped toward 1.3233 so far. As we see over our previous chart, the support zone is around 1.3200-20 and a rebound toward 1.3335 and 1.3435 could hit the market. Below 1.3200 more of a…
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The Euro fell below the support of 1.1425 and managed so far to hit a low around 1.1310. As we see on the chart, the market is facing support around 1.1245-90 which is still considered as the target. If prices can hold above 1.1245-90…
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Cable's upward surge came to a halt this week, at least for now. But the upward gains in the currency pair haven't been so much due to the pound's strength. Rather, weakness in the dollar has been the largest contributing factor. When…
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