Orbex - Forex Trading Library

As we advised last week and as we see over our previous chart Crude Oil still holding our previous trading zone between support 66.15 and resistance 72.00-50 While market maintain this trading zone the indicators start to signal a big…
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As we advised last week and as we see over our previous chart USDJPY managed to hit drop correction after the first test of resistance 157.85 where managed to hit drop toward 155.95 and rebound again to re-test 157.85 resistance As we…
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As we advised last week and as we see over our previous chart GBPUSD managed to hold this trading zone bewteen support 1.2440-80 and resistance 1.2600-20 as we advised before As we see over the chart, market still holding chance for…
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As we advised last week and as we see over our previous chart Euro managed to maintain trades below Intraday resistance 1.0450 which may keep the downtrend pressure to re-test 1.0330 A break above 1.0450 may give chance for farther…
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It is impossible to predict the future, but forex traders certainly try. At least in the sphere of currency moves. There is a lot of uncertainty about what's coming, but some things are more certain than others. Especially considering…
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USDJPY tests resistance The Japanese yen (JPY) tries to reclaim some lost ground after the pair takes a breather from the latest rally. Price action continues to struggle after moving over 300 pips in the past week. A break above the top…
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AUDUSD (Aussie) continues the strain The AUDUSD (Aussie) fell to a 2-year low after the hawkish Fed, which has sent the greenback surging in recent sessions. Last week’s RBA meeting minutes noted that economic activity has been weaker…
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Now that US legislators have agreed to continue spending and avoid a government shutdown, the next issue coming up is the debt ceiling. Two years ago, it was suspended for a set period of time in order to avoid the kind of spending debates…
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The phenomenon of the Santa Rally is typically more associated with the stock market. But it is still relevant to currency traders, because the risk attitude shift. The better performance in equities typically translates into emerging…
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The FTSE (UK 100) seeks support The FTSE (UK 100) continued the global index sell-off as prices hope for some support. The index hit resistance at 8150, and profit-taking by intraday buyers has weakened the momentum. The previous swing…
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