Orbex - Forex Trading Library

Key Forex Afternoon Notes: Bank of Japan Monetary policy meeting minutes New Zealand Credit Card spending y/y 6.2% vs. 4.5% previously German Ifo Business climate 106.8 vs. 107.4 UK CBI realized sales +1 vs. 42 Later…
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Dow Jones: 18065 Equity on trading zone market managed last week to add more advance toward 18000 zone above 18050 market may activate more advance toward 18250-300 zone market may hold short-run trading zone between 17000 -…
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GOLD 1193 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) 49.70...... Oil tumble after OPEC decision with no supply cut Oil prices sustain drop after OPEC meeting where countries agree that no supply cut action Market managed to add more drop pressure after the International…
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USD/JPY: 119.05 Japanese Yen on uptrend wave Short-run market managed to obtain drop correction after testing resistance level of 120.80 market managed to hit 120.45 last week before market retreated fast on speculation that Yen…
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GBP/USD: 1.5350 Pound & the rebound correction as we see over the chart, market managed to hold uptrend rebound correction where managed last week to test 1.5480 zone short-run showing support level around 1.5315 which as…
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EUR/USD 1.1305 Euro tumbled after ُECB Draghi announced bigger QE Euro slump after Mr. Draghi announced bigger than expected quantitative easing which placed new drop pressure over Euro U.S labor market data managed to add more…
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On Friday, the FX market was expected to have average volatility. In the first part of the day, he Flash Manufacturing PMIs gave the direction of the Euro. French, German and European Flash Manufacturing PMIs were all below estimates. Even…
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The Kiwi Dollar continued to push on for its second straight week of gains against a weaker Greenback. The Australian dollar also managed to come out on the top, gaining 1.25% for the week despite some fundamental risks to the currency. The…
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BoJ keeps monetary policy unchanged for now Following last week’s announcement that the Bank of Japan would not expand its monetary easing, the Bank of Japan left its monetary policy unchanged in this week’s meeting. The Central Bank…
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