Orbex - Forex Trading Library

UK inflation eases to 12 year lows at 1% Consumer prices in the UK declined to historic lows as data released by the ONS earlier today showing the headline CPI y/y coming below estimates at 1%, well below the estimates of 1.2%. Core CPI…
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In what is clearly being seen as crisis management, the Russian Central Bank hiked interest rates from 10.5% to 17% late night to stem the continued weakening of the Ruble against the US Dollar. The massive hike in interest rate, which was…
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Dow Jones: 17350 Equity demand With Equity market managed to obtain drop correction with less than 10% which indicating the sustain of Long-Run uptrend wave Market managed to jump fast in U.S equity after the last U.S GDP which…
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GOLD 1212 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 which…
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Oil (F5) 58.12 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: 118.64 Japanese Yen on uptrend wave Short-run As we see over the chart, market managed to hit below 118.00 levels which may activate farther drop latter toward 115.00-50 zone as long as market holding trades below 120.00 the…
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GBP/USD: 1.5665 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 As long as market holding trades above 1.5625…
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EUR/USD 1.2417 EURO on trading zone As we see over the chart, market managed to jump above resistance zone of 1.2440-60, which may place the pair inside new trading zone. However, the market now trading between 1.2350 to 1.2480.…
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Key Notes for December 15th Japan Tankan manufacturing index 12 vs. 13; non-manufacturing index 16 vs. 14 Shinzo Abe’s LDP party wins majority in the snap elections held on 14th December Australia mid- year economic and fiscal…
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The Aussie hits 2010 June lows The Australian Dollar is getting to the 2010 lows after the commodities’ downward path turns out to be a long-term one. Thus, we can name the iron ore, which gets an estimated price of 60 dollar per metric…
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