Orbex - Forex Trading Library

EURUSD 1.1065 Higher Volatility,, On short-Term the market is ranging between the levels of 1.08 and 1.14, The market breached 1.1100 level again, which activates the positive scenario to target testing 1.1250 level as a first main…
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EURUSD (1.1): The single currency staged a strong turnaround off the lows near 1.0877 and broke the support/resistance region near 1.0977 through 1.0948 to post highs near 1.11890. However, this level proved to be strong enough of a…
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The Reserve Bank of Australia released its monthly meeting minutes for the monetary policy held earlier in July. The markets did not react much to the minutes which were seen as being largely positive. Two weeks after the RBA left…
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Dow Jones (DJI_5U) 17400 A rising channel … As shown on the chart the market is at the lower boundary of the rectangle patter ( the blue levels ) , and on the lower levels for the bigger rising channel at 17600/17500 levels (…
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Gold (XAUUSD) 1117 Gold penetrate !! A market hit the cheapest price for the yellow metal for the first time since March 2010. The market broke a declining symmetrical triangle, 1225 and 1162 represent the expected trading range for…
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Oil (CL_5U) 41.70 Longer consolidation phase, but no major changes on the fundamentals of that market After recording the lowest level of the year (41.35 levels) because of a material increase at supply side with a slowing demand and…
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USDJPY 124.50 Bullish Scenario still valid for the pair After penetrating the bullish consolidation pattern; the market would still bullish unless the market is traded below 121.80/120.50. Market has rebounded after recording the…
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GBPUSD 1.5625 Recovering from the bottom with accelerated counter-trend move The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to follow…
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EURUSD 1.1100 Higher Volatility,, On short-Term the market is ranging between the levels of 1.08 and 1.14, The market breached 1.1100 level again, which activates the positive scenario to target testing 1.1250 level as a first main…
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Asian currencies under pressure in the aftermath of Yuan devaluation Key Notes: UK Rightmove HPI m/m -0.8% vs. 0.1% previously Japan preliminary GDP q/q -0.4% vs. -0.5%; prelim GDP price index y/y 1.6% vs. 2.2% Switzerland…
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