Orbex - Forex Trading Library

Key Notes: UK, Rightmove HPI m/m -0.1% vs. 1.6% previously RBA deputy governor Lowe speech Japan core machinery orders m/m 2.9% vs. 1.7% Australia new motor vehicle sales m/m -1.5% vs. 0.7% previously Japan revised…
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Dow Jones: 18199 Equity on a bigger ranging phase 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…
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GOLD 1230 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 (5K) 60.26 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 price continues…
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USD/JPY: 119.64 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 , the upward for the longer term view is more probable , however , the…
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GBP/USD: 1.5682 Higher volatility & Uncertainty about the new political scheme at the political structure On the short-term , market bounced clearly to the downside after testing 1.5500 level, and still stable above it, which…
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EUR/ USD Correction phase ; slopping upward 1.1411 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 clearly…
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Mario Draghi’s speech last Thursday wasn’t a surprise giving the reminder message of QE, which in the ECB perspective, has the desirable effect in terms of calming the yields assault in public debt markets. The European Central Bank’s chief…
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EURUSD (1.1421): On the weekly charts, price action showed last week closing on a bullish note following the previous week of indecision. Price opened this month below last month's low at 1.20018 and gapped down while the current month…
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The Euro, single currency managed to take it top spot once again after slipping the week before, gaining close to 2% for the week. The US Dollar continues to remain weak along with the Kiwi Dollar. However, the New Zealand Dollar managed to…
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