Orbex - Forex Trading Library

Gold met the target 2675 and higher as projected last week. As we see over the Intraday chart, prices still hold above the support zone of 2642-49. If prices hold above it, another advance toward 2680-85 could be expected which in turn…
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USDJPY dropped rapidly today after the Japanese election results. As we see over the Intraday chart, the market is still facing pressure and below 142.75, more of a drop will be expected with supports at 141.70 and 140.40. First…
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GBPUSD still holds above the uptrend line while the first support is still around 1.3320-30. As we see over the intraday chart, if prices hold above 1.3320-30, more advance toward 1.3635 will be expected. Intraday resistance is at the…
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The Euro is still holding inside our trading zone between support between 1.1070 and 1.1200. As we see over the Intraday chart, if prices remain below 1.1200 then another correction could hit the market toward 1.1100. Above 1.1200…
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XAUUSD tensions push gold to another high As pushing gold to another record high, investors remained dovish against what the US dollar could bring to the market. With the Fed heavily tight-lipped on the next signal to rate cuts, this…
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As investors wonder just how "hard" the economic landing will be in different countries around the world, PMI figures have taken on a new significance lately. This week saw some important developments in China and the US that will likely…
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FTSE 100 index (UK 100) remains choppy The FTSE 100 index continues to grind sideways as the recent direction has left traders feeling uneasy. Following a tentative close above the critical resistance level of 8300, the index seems to…
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Despite rising tensions in the Middle East, crude prices are still lower than they were a month ago. Sure, there has been a rebound since the September 10 bottom, but it's remarkable how crude prices are struggling in the current…
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S&P 500 index continues to rally The S&P 500 index closed at another record high as stocks continued to digest last week’s Fed cut. The rally has hit a slight consolidation at 5730. A bearish RSI could show a pullback in…
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