Orbex - Forex Trading Library

EURUSD 1.1175 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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The US Dollar Index has been trending lower for the past six daily sessions. The declines come at a time when investors weighed the July jobs report in the context of the Fed's rate hike which according to the previous FOMC meeting noted…
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China’s official press-release yesterday over the latest economic data showed a slow in the industrial production’s decay, the year-to-year figure switching in July to an only 6.00% drop, missing the estimated 6.6% drop – June’s figure…
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China devalues Yuan for the third day. Currencies remain under pressure Key Notes: New Zealand business manufacturing index 53.5 vs. 55.1 previously UK RICS house price balance 244% vs. 42% Japan core machinery orders m/m…
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Dow Jones (DJI_5U) 17415 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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Oil (CL_5U) 43.45 Longer consolidation phase, but no major changes on the fundamentals of that market After recording the lowest level of the year (45/44 levels) because of a material increase at supply side with a slowing demand and…
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Gold (XAUUSD) 1117.50 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…
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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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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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EURUSD 1.1115 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…
Read More