Orbex - Forex Trading Library

Gold futures have been quite resilient in the past few weeks and for the most part failed to break significantly below the 1200 handle, making this psychological round number an important price magnet. The 4-hour chart time frame for…
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The lately comeback of the euro has sparked unease among European officials regarding the inflation, the commercial advantages of Germany, the competitiveness gained by others in relation to other partners outside the monetary union and the…
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Markets await Fed minutes! Key Notes: Japan preliminary GDP q/q 0.6% vs. 0.4%; Prelim price index y/y 3.4% vs. 3.6% Australia Westpac consumer sentiment 6.4% vs. -3.2% previously German PPI m/m 0.1% vs. 0.1% BoE releases…
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Dow Jones: 18295 Continuation the uptrend On the longer-term as long as market trading higher than 17,000 us dollar for the index ;then it is an buy opportunity to target $20,000. . However , on the chart we can see the market trading…
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GOLD 1210 Wide Range Market - breakout on the edge On the short term view ; the market is ranging widely between major levels of 1170s and 1228s ; the breakout of one of these levels would push further the market on the direction of…
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Oil (5N) 58.52 - A new Contract Short-term Correction ; buying pressure still exist ! On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually and still above key resistance 56.50, and the…
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USD/JPY: 120.86 Japanese Yen consolidate further - breakout soon to catch up the market movement As market has recorded a higher price over 120 yen per us dollar ,succeeded to confirm breaching, and as we mentioned in our last…
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GBP/USD: 1.5540 Higher volatility & Uncertainty about the new political scheme at the political structure On the short-term , market bounced clearly to the downside and approached from the bullish channel’s support and…
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EUR/ USD Correction phase ; slopping upward 1.1116 On the short -term the market the market still ranging between 1.1000 and 1.1500 levels as awaiting a more data to decide the new mid-term direction. The market it was clearly…
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The European trading session is relatively quiet with no major events on tap. This leads the markets to focus on the FOMC meeting minutes due later this evening. After yesterday's volatility, driven by the ECB official's comments on QE…
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