Orbex - Forex Trading Library

With all the talk about the risks surrounding the UK general elections due on May 7th, the British Pound clearly had other plans in mind as the Cable along with a few other GBP crosses continued to keep up their rally across the board.…
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Key Notes: Japan retail sales y/y -9.7% vs. -7.4% Australia CB leading index m/m 0.5% vs. 0.4% UK Preliminary GDP Q1 0.3% vs. 0.5% UK Index of services 0.7% vs. 0.7% Later: BoC Governor speech US S&P/CS HPI CB…
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Dow Jones: 17912 Equity on a bigger consolidation pattern 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. in case now rate hike by the Fed.…
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GOLD 1202 Wide Range Market - breakout on the edge On the Short-term ; the market has penetrated the short-term support area which is 1188 ; however , this breakout could not be trusted unless market would be traded below 1178.As we…
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Oil (5K) 56.75 Short-term Correction ; Range Market on the upper range - Bearish signals are generated On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually to approach the key…
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USD/JPY: 118.86 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 , the upward for the longer term view is more probable , however , the…
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GBP/USD: 1.5280 Correction Phase ; with accumulating buying pressure On the short-term , market break resistance levels which is considered a pivotal level on the mid-term ( 1.5050 ) and still stable above it, which forms good…
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EUR/ USD Correction Phase ; a bigger range market 1.0937 On the short -term the market the market still ranging between 1.05 and 1.12 levels as awaiting a more data to decide the new mid-term direction. Note that the expected…
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The Federal Reserve Open Markets committee will meet on April 30th to publish their monthly monetary policy. The event comes just a few hours after the first quarter advance GDP estimates are posted, which currently looks to be very dovish…
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Key Notes: German Import prices m/m 1% vs. 0.5% CBI industrial order expectations 1 vs. 4 Later: US flash services PMI Lack of fundamentals keep trading light on Monday The currency markets opened the week on a quiet…
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