Orbex - Forex Trading Library

GOLD 1197 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) 57.60 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: 119.80 Japanese Yen on uptrend wave Short-run As we advised before, market managed to hit below 118.00 levels which may activate farther drop later toward 115.00-50 zone market managed to test the doors of 115.50…
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GBP/USD: 1.5615 Pound on trading zone As we advised before, market managed to jump above 1.5625 which allowed farther rebound correction where market managed to hit our target 1.5700-20 zone market now facing resistance at 1.5685…
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EUR/USD 1.2250 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 to sustain drop toward 1.2220 last…
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Looking back to the year 2014, it has been one of surprises with the markets being driven foremost by interest rate speculations, regardless of the short term swings in the markets and the ever changing views of the major economies. The…
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Weekly Forex Forecast: 22nd to 27th December With the major risk events done with last week; the FOMC, markets will now be looking to slow down on the trading volumes ahead of the holiday season. The US Dollar enters a new week of trading…
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The American dollar gained 12% this year, mostly in the last few months, on speculations that Fed will raise interest rates sooner. Janet Yellen proved patience even despite encouraging positive economic data. This attitude made the…
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Key Weekly Events - 15th to 19th December US Dollar Maintains status quo The much awaited final Federal Reserve monetary policy for the year ended without a bang as the policy member left policy unchanged while continuing to let the…
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The US Dollar looks poised to possible end the week on a high note with the main key risk event, the FOMC press conference and statement done with. The Federal Reserve kept the phrase ‘considerable time’ but instead urged the markets to be…
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