Orbex - Forex Trading Library

USDJPY faces a potential trading zone between support 143.35 and resistance 144.40-70. Below 143.35 more of a drop could happen with support around 141.70 which could give a chance for correction. Above 144.70 more advance toward…
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GBPUSD tested the 1.3320-30 support zone. As we see over the intraday chart, if prices hold above 1.3320-30, more advance toward 1.3635 will be expected. Below 1.3280 more of a drop toward 1.3160-75 could hit the market.…
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The Euro still holds inside our expected trading zone between 1.1070 and 1.1200. Prices managed to re-test the resistance 1.1200 again and managed today to meet the target 1.1100. Below 1.1070 more of a drop will be expected with…
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Monday was an active day for monetary policy that could have an impact on forex markets, with the heads of the two largest central banks giving speeches that included hints about future moves. Markets have adjusted to the path for rates…
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XAUUSD holding ground Gold trades slightly lower as price action gears up for another charge at fresh highs. A failure to hold above 2660 put the bulls on the defensive as the precious metal continues to look for the next signal. 2600 at…
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Traders in Japan's currency had a bit of shock around the weekend as the currency first weakened over 200 pips against the dollar. Then the USD/JPY crashed down nearly 500 pips, and is back to mid-September lows. This naturally opens the…
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Dow US 30 tests resistance The Dow US 30 aims for another record high after witnessing a brief pullback. A previous drop below 42000 has shaken out some weak hands, and the bulls are still in the market. 42300 is a crucial resistance to…
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The Dow managed to hold above the support of 41825 which still keeps the uptrend wave ongoing. Our second target is still toward 42600 with the first support at 42000-100. The market re-tested the support zone 42000-100 yesterday and…
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Crude Oil managed to hit the target 70.90 and advanced further while still holding below the 71.50-72.50 resistance. As we see over the Intraday chart, if prices hold below 72.50, another drop will be expected toward the 63.90-64.75…
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