Orbex - Forex Trading Library

GER 40 (DAX40 index)  breaks lower The DAX40 index fell further after continuing the bearish rally from last month. A fall below the base of a previous bounce at 19100 suggests that sellers are still in control of the direction, forcing…
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The Dow fell below the 44150 support yesterday and below this level more of a drop could hit the market. As we see over the chart and as long as the market keeps holding below 44150-200, more of a drop to test the 43650-700 or 43300-400…
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Gold held prices above 2590 while managing to build a triangle formation as we see on the chart. If prices remain above 2590, a rebound toward the resistance of 2626-28 will be expected which in turn could push for another drop. Above…
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Crude Oil managed to meet the target of 69.20-50 and managed to fall below that support. Prices are closing into the second target of 66.80. As we see over the chart, prices are facing support around 66.80-67.00 which could push for a…
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USDJPY met the target of 155.20 today. As we see over the chart, and if the market holds below the 155.20 resistance, a correction could happen toward the 151.30-152.00 zone. Above 155.20, a chance for further advance could hit the…
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GBPUSD fell below 1.2790 yesterday and below this level more of a drop could hit the market toward 1.2665. As we see on the chart, prices now face the resistance zone around 1.2840-60. If prices hold below, more of a drop toward…
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The Euro tested the support level of 1.0600 again today. If prices hold at 1.0600, a correction could hit the market to test the 1.0680-90 resistance zone. Below 1.0600 a further drop will be expected toward 1.0520. SUPPORT…
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Markets have been reacting to the return of Donald Trump to the White House by pushing up the dollar. One of the main reasons for that is an expectation of increasing the intensity of trade wars. While that might fuel the greenback in the…
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The USDJPY grinds major resistance The Yen extended losses as the dollar train advanced across the board. On the chart, the price is crawling back to its 4-month high of 155.25 as the bulls look to keep the momentum going. In the near…
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