Orbex - Forex Trading Library

USDJPY still holds the uptrend wave where it managed to hit a 154.70 high two days ago. As we see on the chart, the market still faces the support zone of 1.5130-50, where as long as prices hold above it, the advance wave could expand…
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THE Euro dropped as the US election results rumble on. As we see on the chart, prices face another correction if the market holds above the support 1.0680. 1.0880 will be the target which in turn could activate another drop toward…
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One of the major events for the week that investors were waiting on was the multi-day Standing Committee meeting of China's National People's Congress (NPC). That concluded just a couple of hours ago, and markets are not giving much of a…
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US 30 soars as Trump wins election Dow Hits a New High, jumping over 1000 points as the ripple effects of the 2024 presidential election rumbled on. The index continued to rally after breaking the previous record, as traders focused on…
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Before the election, there was a near-unanimous expectation that the FOMC Rate Decision would result in a cut by 25bps at the conclusion of its policy meeting on Thursday. That expectation has only strengthened since then. While a Trump…
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USDCHF breaks resistance The Dollar rallied after Donald Trump’s victory reached 270 electoral votes to declare him the next US President. The pair broke above the 0.8700 resistance level from the base of a recent bullish breakout. A…
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Markets have had strong reactions to the results of the US elections. Although votes are still being counted, Trump Wins as the de facto winner of the contest, with former and now president-elect Donald Trump set to secure both the…
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GBPUSD probes resistance Similar to most dollar pairs, Cable attempts to erase the recent losses but jumps back above the recent swing high. 1.3000 becomes the latest significant resistance as price action claws its way back into buying…
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