Orbex - Forex Trading Library

GBPUSD managed to sustain trades above the trend support as we see over the chart. As long as prices hold above 1.2320-30, then the uptrend wave could sustain toward 1.2550-1.2600 and 1.2810. Below 1.2250 more of a drop could hit the…
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The UK issues its regular avalanche of data before the market opens on Thursday, with trade balance, business investment, and manufacturing data all coming out at once. But what the market is most likely to focus on is whether the latest…
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USOIL(WTI) staying positive USOIL(WTI) rallies as demand increases for the black gold. A close above the previous high of 73.00 could be short-lived if the rally hits a roadblock at 74.00. A move back down below 72.70 could force…
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The market focus this week is likely to be on the US dollar with two main events that could shake up the markets. On Tuesday, Fed Chair Jerome Powell will start his semi-annual testimony before Congress. Then the main event is likely to be…
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XAUUSD hits another record as gold peaks Gold peaks again as the trade war escalates. Price action is touching the next significant level at 2900 as the RSI ventures again into the overbought area, which could prompt buyers to change…
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As we advised last week and as we see over our previous chart Dow managed to add another advance toward target 44500 and closed from second target 45100 again As we see over the chart, as long as market holding trades below 45100…
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Gold managed to break above 2885 resistance today while market still looking toward Daily Close As we see over the Intraday chart, market facing first support around 2880-85 which if managed to support the market another advance toward…
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As we advised in the last two weeks and as we see over our previous chart We still holding our previous model as we advised last week Crude Oil still under drop pressure toward target 68.35 We adjusted the key resistance level to…
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