Orbex - Forex Trading Library

The single European currency is resting above the 1.0590 support level while giving the impression that during a period (probably short) it would prefer to stay in the area of 1.0600. This movement initially didn’t have an explanation, but…
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The US Dollar Index briefly touched the 100 psychological price level not breached from below since 1997, marking an important milestone for the Greenback. However, although this might be good news for Dollar Bulls, the big question on…
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Key Forex Afternoon Notes: Tertiary Industry Activity m/m 1.4% vs. 0.6% Australia MI inflation expectations 3.2% vs. 4% previously Australia employment change 15.6k vs. 15.3k; unemployment rate 6.3% vs. 6.4% Japan consumer…
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Dow Jones: 17680 Equity on trading zone 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. short-run Market on short-term is in a correction…
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GOLD 1159 Drop pressure back to affect Gold Market back to dump haven on Europe-Greek agreement while Russia-germany-france meeting over Ukrainian crises helped to dump haven more while market faced more drop pressure on Ukraine…
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Oil (5J) 48..40 Oil in a bigger trading range Market managed to add more drop pressure after the International Energy Agency predicting the lowest demand growth since 2009 Market still holding drop pressure over WTI where…
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USD/JPY: 121.10 Japanese Yen on uptrend wave Short-Run Market managed after U.S labor market data last week to add more advance . Market still facing resistance at 122.50 zone , However , while still market trading above 120.00s…
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GBP/USD: 1.4986 Pound to be effected by the higher demand on US dollars The British Pound following the market in declining but in slower rate ; market successfully trading below 1.5050 which considered the major support area on…
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The Reserve Bank of New Zealand left interest rates unchanged in its decision last night, leaving the overnight cash rate steady at 3.5%. The Kiwi Dollar saw a short term rally across the board, including the Greenback as the Central Bank…
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Gold heading to $1140 support With the support level at 1203 - 1197 failing to hold prices, Gold futures tumbled breaking down below this critical support level. Price action on the daily charts shows Gold now inching closer to the next…
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