Orbex - Forex Trading Library

GBP/USD: 1.5585 Pound on trading zone market still holding short-run trading zone for the end of this year market now facing resistance at 1.5685 and 1.5785 as long as market holding trades below 1.5825 the downtrend pressure…
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EUR/USD 1.2155 EURO on trading zone As we see over the chart, market still holding trades inside downtrend channel which still providing drop pressure over the pair Short-run market managed today to hit 1.2123 low while…
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Buy low, sell high! Learning to buy a currency pair when it is low or cheap and to sell it when it is high or expensive is the essence of successful forex trading. Of course, you can also sell high and buy low to make a profit. Either way,…
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Stepping into the New Year, the Forex markets will continue to give many trading opportunities with new trends being set. Here's a brief lowdown on the major currencies and commodities. Oil: Crude Oil was the surprise of 2014 falling…
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Key Notes for December 30th: UK Nationwide HPI m/m 0.2% vs. 0.3% forecasts Spain Flash CPI y/y -1.1% vs. -0.7% forecast Eurozone M3 money supply y/y 3.1% vs. 2.6% Eurozone private loans y/y -0.9% US S&P/CS composite 20 HPI…
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How is 2014 ending? The American dollar rises while the oil falls EURUSD broke the 1.2150 support level, a signal that forecasts the next support to be at 1.2100. As on 22nd of January the ECB will hold a meeting which could bring together…
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Many ex- currency traders have had the unfortunate experience of having their trading account blown out by their tendencies to indulge in excessive risk taking. This sad fact underlines the need for appropriate position sizing, disciplined…
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Dow Jones: 17955 Equity demand Dow managed to hit zone of 18000-100 last week which provided good zone to re-short-sell market as long as market holding trades below 18100 will expect some drop pressure to start affecting market…
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GOLD 1187 Gold between deflation & Dollar hike market managed to activate more drop pressure over Gold after FOMC rate projections for rising interest rate next year while economic data from Europe and Japan showing slow down…
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Oil (G5) 53.15 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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