Orbex - Forex Trading Library

EURUSD clawing back losses The euro firms up as the Fed is expected to give more hints at what direction to take at this week’s FOMC meeting. With the Fed policy dominating trader sentiment for a while now, it’s now the turn of the…
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The Dow managed to break below the support of 42140 two days ago and managed to drop towards the target of 41600-700. Prices today broke below the support of 41600 on the Trump announcement that 50% tariffs on Europe start from the 1st of…
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Prices hit a high around 64.10 two days ago and fell lower to close again to the support zone of 59.50-90. As we see from the chart, the market faces resistance around 64.80, where as long as prices hold below it a chance for a correction…
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Gold held above the support at 3275 while managing to advance towards 3350. As we see over the chart, the market faces resistance around 3365-70 which could push for a drop toward 3275-95. Above 3370 the market could have chance for an…
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GBPUSD broke above the resistance of 1.3360 and hit the target of 1.3440. As we see over the chart, prices are facing support around 1.3315-30, where as long as the market remains above it, the advance wave could expand towards 1.3635.…
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USDJPY managed to hit below the 143.00 level which could be a sign for a further drop. As we see over the Intraday chart, the market is facing the first resistance around 143.60. If prices remain below that level, the drop pressure could…
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Traders hoping for a quiet long weekend with the US and the UK closed for holiday on Monday the 26th might be up for disappointment. US President Donald Trump has developed a habit of making major market-moving announcements over the…
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EURUSD looks for direction The euro continued its dominance over the American dollar (USD) after the pair bounced over 300 pips higher. As sentiment remains upbeat from the medium-term perspective, the recent move could be an opportunity…
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The BOJ is in a pretty difficult spot with the current economic situation. Which means it's also harder for the markets to figure out what will happen. With major forces pushing the Bank of Japan (BOJ)in different directions, it might just…
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