Orbex - Forex Trading Library

Gold managed to hold trades below the support zone of 4994-5025 to rebound towards 5186 so far. The market still has room for a further advance to test the resistance zone of 5206-27, which could push for a correction. Above…
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Crude Oil fell as President Donald Trump signalled the Iran war may be nearing an end. As we see over the Intraday chart, the market is facing a support trend around the 80.00-81.00 zone, which prices managed to test yesterday.…
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USDJPY hit the second target at 157.60. As we see over the chart, the market facing a grey zone at 158.00-159.45 which is considered as a resistance zone, which could maintain the risk for another drop wave towards 155.30-50…
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GBPUSD is still holding below the resistance trend around 1.3380-1.3435. As long as the market holds below it, the drop pressure could continue toward 1.3000. Above 1.3435 the market could gain more strength to move towards…
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The Euro hit a rebound as prices still facing resistance at 1.1655. As we see from the chart and if prices hold below the said resistance, the pressure will still affect the market for a further drop towards 1.1400. Above…
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EURUSD on the comeback trail The Euro bounced back after weeks of declines, sending the pair to multi-month lows. As the RSI developed a bullish divergence, prices reversed the trend, moving away from the 1.1515 bottom as more buyers…
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Financial markets are in increasing disarray as the war in the Middle East drags on. Possibly, some of last week's losses were tempered by hopes that the situation would be resolved quickly. But, after US President Donald Trump signalled…
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The Dow managed to meet the target of 47600-700 last week to open with drop gap as the Oil surge threatens the whole U.S. economy. As we see from the chart, the market is facing a resistance zone around 46800-47000 where as long…
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Gold managed to hold below the resistance at 5227 and earlier today dropped towards the support zone at 4994-5025. As we see over the chart and as long as the market remains above the support of 4994-5025, another advance to…
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