Orbex - Forex Trading Library

The market dynamics around the Sterling (pound), and especially visible in cable, are unusual and concerning. UK gilt yields (how much interest is paid on government debt) has risen sharply in recent days. Normally, that would imply a…
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GBP (sterling) fall lower GBP (sterling) maintained its bearish run as worries over the state of the economy rumbled on. Despite a previous move towards 1.2550 at first, sellers seem to be undeterred, and a 300 pip drop in recent…
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The dollar has gained substantially after Friday's Non Farm Payrolls blew all expectations out of the water. As a result, the market has made a major shift in its projections for the next Fed cuts. The next data coming out on Wednesday…
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The Dow managed to add more drop movement below 42000 while the market today tested the support zone of 41600-700. As long as the market keeps holding above the support of 41600-700, a rebound movement will be expected. While above the…
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Gold managed to break above the 2685-90 resistance last week. As we see over the Intraday chart, market is facing support around 2665 where as long as prices hold above it, the advance wave still has a chance to expand toward the 2740…
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Crude Oil managed to initiate an advance wave and met the target of 75.25 and 76.00-30 and above. As we see over the chart the market is facing support around 74.75 with resistance at 79.00-20 which could hold a trading zone on market.…
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USDJPY managed to advance toward 158.85 last week. As we see over the chart, Intraday levels show support around 156.60. if prices hold above 155.95 the advance movement could sustain toward the second target of 159.45 which in turn could…
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GBPUSD hit the targets of 1.2300 and 1.2185. As we see over the chart, the market is facing support around 1.2035 where as long as prices keep holding above it, a rebound correction toward the 1.2210-60 resistance zone will be expected.…
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The Euro managed to keep holding below the resistance 1.0460 and last Friday met the target of 1.0225 and broke lower. We still expect a farther drop toward 1.0100 and toward 0.9905 could also have chance as the market looks towards the US…
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