Orbex - Forex Trading Library

NZDUSD tests support The NZD (Kiwi) is another currency that is feeling the wrath of the greenback. A series of lower lows indicates stiff selling pressure overhead. Successive breaks below 0.6160 then 0.6000 shows a lack of…
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As we see over the chart, the Dow dropped as the market still holds above the uptrend line support of 42000. As long as the market holds above 42000, a rebound toward the 42600-700 resistance zone will be expected. Below 41800 more of…
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Gold is testing the support zone of 2728 right now with a correction toward 2744-48 possible. Below 2728, prices could head for a drop toward the 2712-15 zone. Below 2708 more of a drop will be expected with support at 2680-85.…
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USDJPY managed to sustain an advance to hit the target of 150.90 and 152.00. As we see over the chart, the advance wave is still ongoing and if prices remain above the support of 151.40-50, the advance wave could expand toward 155.20…
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Oil opened today with drop gap price after Israel’s aggression strikes against Iran avoided oil facilities. As we see over the chart, the market faces a resistance zone around 69.65-85. If prices remain below it, the downtrend pressure…
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GBPUSD managed to sustain trades below the resistance 1.3075 and dropped toward 1.2907. As long as the market holds below 1.3075, the downtrend pressure could continue toward 1.2820-50. Above 1.3075, the market could have the chance…
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The Euro tested the support trend of 1.0760-80 and pushed for a correction toward 1.0840 so far. As we see on the chart, if prices remain above the support of 1.0760-80, a rebound toward 1.0940 and 1.1000 will be expected. Below…
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Traditionally, PMI reports at the start of the month tend to move the market around risk appetite. But there is likely to be a renewed focus on China's double readings later this week. That's because it's the first leading indicator to…
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FTSE100 Index (UK 100) falls from peak The FTSE100 Index failed to revive its spirits after falling from the recent 8400 level. The index is seeking support around 8250, which is critical to keeping the early month’s rally intact. The…
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