Orbex - Forex Trading Library

Oil (5K) 55.90 Short-term Correction ; Range Market on the upper range On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually to approach the key resistance 56, Therefore, our bullish…
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USD/JPY: 119.97 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: 1.5000 Correction Phase ; with accumulating buying pressure On the short-term , market near to resistance levels which is considered a pivotal level on the mid-term ( 1.5050 ) ; the scenario same others market is ranging…
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EUR/ USD Correction Phase ; a bigger range market 1.0740 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 New Zealand Dollar continued to post losses since late yesterday and found a renewed selling pressure after RBNZ Assistant Governor John McDermott was heard commenting that the New Zealand Central bank would not consider hiking rates…
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There is no doubt about the fact that the US Dollar Index has considerably slowed down its bullish momentum. This is even further evidenced by the fact that we are not seeing more bearish candlesticks being formed, along with longer…
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EURUSD Daily Pivots R3 1.0872 R2 1.0836 R1 1.0780 Pivot 1.0744 S1 1.0688 S2 1.0651 S3 1.0595   EURUSD attempted to break higher ground but failed to keep up the gains or close above…
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WTI Crude Oil breaks out from the inverted head and shoulders pattern For the past two week's we have been pointing to our readers about the potential inverted head and shoulders pattern that was shaping up on the Crude Oil daily charts.…
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Dow Jones: 19770 Equity on a bigger consolidation pattern - with upward slope 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…
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GOLD 1202 Wide Range Market - Consolidation Pattern On the short term , the market still ranging between wide levels 1185/1225 - we are still neutral until we get clearer signal for the next trend, through breaking 1181.00 support or…
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