Orbex - Forex Trading Library

GBPUSD managed to hit few pips below 1.2615 last Friday, which could push for more of a drop to test the daily uptrend line around 1.2540-60. As we see on the chart, as long as the market holds above the daily close at 1.2540-60, a…
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The Euro held below the resistance of the 1.0580-1.0600 zone and managed to drop toward 1.0515 so far. As we see on the chart, prices face the support zone around 1.0475. If the market remains above it, a rebound correction will be…
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Friday might turn out to be the most important days for the market. Not because there necessarily will be a large move in forex pairs, but because Flash PMIs could help set the tone for the final round of rate decisions of the year. That…
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XAUUSD seeks support Gold price fall continues as the metal slipped past the 2550 level to set a fresh low at 2535. A surge below 2600 forced buyers to close out, giving the opposite side a further fighting chance to test the 2500 zone.…
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The Dow managed to sustain trades below the resistance 44150-200 and met the target of 43600-700. As we see on the chart, the  market is facing Intraday resistance around 43760-800. If prices remain  below it, another drop toward the…
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Gold fell below the support of 2590 and managed to sustain a drop toward the target of 2545-50 and below. As we see over the chart, prices face the daily support around 2554 with Intraday support around 2536. If prices hold above 2554, a…
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Crude Oil met the target of 66.80-67.00 while managing to hit a rebound toward the 69.25 zone before market retreated again. We still hold onto our previous outlook that as long as the market keeps holding above 66.80, then a rebound…
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USDJPY hit above the 155.20 resistance which could be a signal for more advance. As we see over the chart and as long as the market keep holding above the 154.30-65 support, another advance wave toward 157.80 will be expected. Below…
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GBPUSD dropped toward the 1.2615-65 zone. As we see on the chart, this support zone 1.26115-65 could push for a rebound toward 1.2770-1.2840 which in turn could cause a drop. Above this zone more advance toward 1.3000 will be expected.…
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