Orbex - Forex Trading Library

Don’t get greedy. A forex trader can make money from being long in a rising market or from being short in a falling market. This trading tip is a warning for traders to avoid getting greedy when contemplating taking profits on a winning…
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Initial estimates of the Eurozone CPI saw the headline inflation fall -0.2%, below consensus estimates of 0 to -0.1% while core inflation on an annualized basis which excludes volatile components such as fuel managed to rise to 0.8% beating…
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The UK's Bank of England meets today in its first monetary policy meeting for the year. However, the markets by and large are expected to remain muted to today's policy outcome as well as future monetary policy meeting. It is a widely known…
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Key Forex Afternoon Notes: Australia AIG services index 47.5 vs. 43.8 previously New Zealand ANZ commodity prices m/m -4.4% vs. -1.6% previously German retail sales m/m 1% vs. 0.2% forecast Eurozone CPI flash estimates y/y -0.2%…
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Dow Jones: 17395 Equity on trading zone Dow managed to hit zone of 18000-100 last year which provided good zone to re-short-sell market as we advised before as long as market holding trades below 18100 will expect some drop…
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GOLD 1210 Gold between Haven & Dollar hike market managed to activate more drop pressure over Gold after FOMC rate projections for rising interest rate as soon as this April while economic data from Europe and Japan showing…
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Oil (G5) 49.00 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 Energy…
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USD/JPY: 119.10 Japanese Yen on uptrend wave Short-run market managed to obtain drop correction after testing resistance level of 120.80 , where market managed to hit 118.05 low yesterday market showing ability to sustain the…
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GBP/USD: 1.5130 Pound under drop pressure market managed to sustain drop where managed last week to hit our target toward 1.5380 market sustin drop below this target where as we see over the chart market facing support trend…
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EUR/USD 1.1850 EURO on Downward Breakout Short-run market managed to hit 1.1870 low while market is expected to continue it down trend breakout after Draghi Comment. market managed to sustain trades below 1.2040 resistance…
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