Orbex - Forex Trading Library

Greece has now only 50% chances to stay in the European monetary union. The slap received yesterday from Germany led to the recalculation of the percentages. Greece requested an extension of the bailout program for 6 months starting from…
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The US Dollar index continues to show signs of weakness as the failure to break above the previous higher close at 95.26 has shown that a possible correction is underway. The recent FOMC meeting minutes saw the markets understand for being…
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Gold, trading at a critical level Gold futures remained mixed for the week as the previous metal gave up the gains from the previous week to reverse its short term trend after failing to break above the $1230 handle. However, this week's…
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Key Forex Afternoon Notes: Japan leading index 105.6 vs. 105.2 previously Switzerland trade balance 3.43bn vs. 1.20bn Switzerland exports 2.9% vs. -2.9% previously; imports -2% vs. 0.7% previously France CPI y/y -0.4% vs. -0.3%;…
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While most of the economists are quite focused on the diverging monetary policies between the US Federal Reserve and the EU's ECB, paying attention to the Bank of England's monetary policies might offer an alternative solution within the…
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Crude oil correction in play, but momentum could slow down! Crude oil prices continued to push higher, now steady above the $47 handle. However, price action has shown that Crude oil could face stiff resistance near the $53 handle in the…
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Novice forex traders will often make the error of ramping up their trading size too quickly once they gain confidence after a few good trades. Once their luck shifts, they can then find themselves facing greater losses than what they can…
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Dow Jones: 18000 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 1205 Drop pressure back to affect Gold market back to dump haven as europe negotiating to keep Greece in the union block while Russia-germany-france meeting over ukrainian crises helped to dump haven more while market…
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Oil (H5) 52.70...... old contract 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…
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