Orbex - Forex Trading Library

Gold Futures – Technical Update Gold futures continued their modest rally from the lows near 1135 handle to rally back towards the main support/resistance level near the 1197 region. From the weekly charts, the appearance of three bullish…
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Practice as if you are the worst, perform as if you are the best! Most people who are new to trading Forex will be better off trading currencies in a demo account before moving to live trading with actual funds. This can help you observe…
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Weekly USD Index Analysis for November 26th It is quite evident by now that the Dollar Index has been struggling to break new highs. Fundamental data from the US continues to be mixed but the main indicators have managed to consistently…
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Price Action Divergent From Fundamentals Another very interesting day has past. USD pairs had some interesting moves, especially during the New York trading session, but not quite in line with the expectations. In the morning, the…
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The Office of National Statistics (ONS) will be releasing its second estimate for the third quarter GDP today at 0930 hours GMT. Expectations call for the GDP to remain unchanged at 0.7%, as reported during the first estimate. Overall, the…
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Sugar futures contracts for February 2015 delivery, SB5H has been showing signs of a bullish reversal break out in the short term perspective. Price action for the last three shows a bullish reversal candlestick pattern, forming a morning…
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Market Key Notes PBOC cuts 14-day repo rate to 3.2% New Zealand inflation expectations eases to 2.1% German GDP rises 0.1% in Q3 2014 BoE Inflation report hearing US revised GDP Q3 beats estimates, rising 3.9% Canada core…
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Latest GDP data from Germany showed that economic output in the region saw a modest growth of 0.1% on a month on month basis, while the GDP on a yearly basis grew 1.2% in line with estimates.
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Be Flexible! The nature of financial markets is that they rise and fall along with fluctuations in supply and demand, and the forex market is no exception to this general rule. Successful forex traders usually avoid holding a stubbornly…
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Markets kicked off the last week of November on a quiet note with lack of fundamentals and Japan closed on account of a bank holiday. The Japanese Yen continued to be under pressure
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