Orbex - Forex Trading Library

XAUUSD(GOLD) stays positive XAUUSD(GOLD) traders remain cautious over the next wave of announcements by Donald Trump. A swift comeback above 2700 suggests that the Bulls are still in the game despite a temporary retreat. The sentiment…
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The Dow met the target of 43000-300 and broke above it last week. As we see over the chart, the market is facing Intraday supports around 43250 and 42970. While as long as the market holds above 42970, the advance wave could sustain…
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Gold hit a correction and managed to test the support of 2689 today. The market faces support around 2689 and 2676 where one of those supports could keep the advance wave ongoing toward 2740. Below 2676 more of a drop could hit the…
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Crude Oil retreated from the resistance 79.20-60 as the market closed from the target and support of 76.40. As we see over the chart, the market could hold this trading zone between 76.40 and 79.60. Below 76.40 more of a drop will be…
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USDJPY managed to rebound from the second support of 154.90, while the downtrend pressure is still affecting the market. As we see over the chart and as long as prices holding below 157.10-20, the drop pressure could sustain toward…
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GBPUSD found resistance around the 1.2300-20 zone, which managed so far to keep the downtrend pressure over the market. However, if prices hold below 1.2375, the downtrend wave will sustain with support at 1.2035-85 which could keep the…
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The Euro remained below the downtrend resistance zone of 1.0370 and retreated towards 1.0258. As we see over the chart, prices still have a chance for another drop toward 1.0100 as long as the market holds below 1.0370. Above 1.0370…
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Last week's inflation figures out of the UK radically shook up expectations for rate cuts this year. The views of the market and economists opened a gap, suggesting there is room for the currency to move. The pound stayed relatively steady…
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FTSE 100 (UK) hits multi-month high The FTSE 100 (UK) inched higher as commodity prices rose as prices close in on a record peak. A jump above 8320 might have put the index back on track after a lengthy consolidation. 8200 at the base…
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UK OIL hits a fresh high Oil (UK Oil) prices pushed to a six-month high, raising fresh inflation fears as the Chancellor of Britain attempts to play down ongoing worries over the economy. The evident cold weather season is a general…
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