Orbex - Forex Trading Library

Gold on Target for Another Record! The precious metal maintained its advance with threats by President Trump to impose tariffs on Canadian and Mexican imports. With the greenback correcting sharply, can Gold hit another record high?…
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GER40 (DAX) seeks support The GER40 (DAX) is the gift that keeps on giving after another rally. An initial retreat below 21000 has prompted some leveraged buyers to take profit, driving the index off its new all-time high above 21100.…
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The Dow met the 43700 target and hit a correction toward the first support of 42250. As we see over the chart, the market could hold this trading zone between support 42970 and resistance 43700. Below 42970 more of a drop toward 42430 and…
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Gold managed to hold an advance wave as prices hit a 2732 high to close to the target of 2740. As we see over the chart, Intraday levels show supports around 2700 and 2689, where as long as the market holds above it, the advance wave could…
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USDJPY managed to rebound from the second support of 154.90 while the downtrend pressure still affects the market. As we see over the chart and as long as prices keep holding below 157.10-20 the drop pressure could continue towards 153.15.…
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Crude Oil managed to retreate from the resistance of 79.20-60 and managed to meet the first target of 76.40. Prices are now closing to the second target and support of 74.75. Should prices hold above 74.75, a rebound correction movement…
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GBPUSD managed so far to keep below the second resistance of 1.2375 which is still holding the downtrend pressure. As we see over the chart and as long as the market keep holding below 1.2375, the pressure could sustain to test the…
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The Euro hit more advance above 1.0370 as the market still holds below 1.0460. As we see over the chart and as long as prices remain below 1.0460, another drop could hit the market with supports at 1.0300, 1.0175 and 1.0100. Above 1.0460…
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US markets were closed on Monday, limiting some of the potential reaction to the measures announced by the new Trump Administration. But global markets had a chance to signal what effect the change in policies will have on the markets. And…
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