Orbex - Forex Trading Library

As we see over the Intraday chart, the market is still holding above the first support at 1.0450. If the said support remains, then the market could advance towards 1.0610-30. Below 1.0450 more of a drop will be expected. The second…
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At the start of the week, the consensus in the market was that the Fed (Federal Reserve) would do its next rate cut in June. Then consumer confidence data came out on Tuesday, causing markets to push that cut forward by a month. The stock…
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Nasdaq(NAS100) slips from record The Nasdaq(NAS100) fell lower as America moved to tighten restrictions with China. The rally higher took a step back after crashing through the 22000 level as traders now look for a test at 21000.…
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The Dow managed to meet the target of 43700 last week and broke below it. As we see over the chart, prices are facing resistances around 43800 and 44200-50 where one of those resistances could keep the downtrend pressure over the Dow for…
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As we advised last week and as we see over our previous chart Gold managed managed to test support zone 2910-20 last week while managed tto rebound toward target 2945-50 yesterday As we see over the chart market back to test support…
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Crude Oil remains under pressure towards 68.35. The market managed to re-test the resistance zone of 73.25-50 which is still intact on the chart. As long as the market holds below 74.60, the downtrend pressure could continue toward…
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As we advised last week and as we see over our previous chart USDJPY managed to met target 149.35 last week while market managed to hit some rebound correction As we see over the chart market support zone layng at 148.60-149.35 which…
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GBPUSD met the first target of 1.2600 and above. As we see over the chart, prices still have a chance for farther advance as long as the market holds above the support of 1.2520, where a second target is at 1.2725. Below 1.2520, more…
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As we see over the Intraday chart, prices are close to the first support of 1.0450. If the said support remains, then the market could advance towards 1.0610-30. Below 1.0450 more of a drop will be expected. The second support at 1.0370…
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