Orbex - Forex Trading Library

USDJPY so far hit a 150.30 high as the uptrend wave remains ongoing. As we see on the chart, prices face the first support around 148.25 and the second support around 147.30. One of those supports could keep the advance wave ongoing…
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GBPUSD hit a correction toward 1.3070 as the market still holds below the downtrend line which keeps the pressure on. As long as the market holds below 1.3075, the bearish pressure could sustain toward the 1.2820-50 zone. Above…
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The Euro met the target of 1.0880 and broke below it, while the market rebounded toward 1.0870 today. As we see on the Intraday chart, if prices hold below 1.0900, the downtrend pressure could sustain and support at 1.0780 could push for…
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In the aftermath of last week's rate decision, ECB President Christine Lagarde will make a series of closely-watched speeches in the coming days. She will have a difficult task of both communicating the central bank's moves while at the…
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GBPUSD pair drifts south Cable remains downbeat as the strength of the dollar is prominent across the board. The RSI’s venture into the neutral area could cause a snap higher if sellers start to take chips off the table. However, bears…
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The Dow managed to hold above 42650 and managed to advance again. Our previous outlook still shows that if prices hold above the support of 42900-43000 then the advance could sustain toward 43400 and 43800. Below 42900 more of a drop…
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Gold managed to hold trades above the support of 2666 and hit the target of 2700. Gold is closing in on the second target and resistance 2720, while Intraday levels show a chance for a drop  toward 2701 and 2784 before the market resumes.…
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Crude Oil faces pressure as long as the market holds below the first resistance 71.60 whilst targeting toward the 67.20-50 zone. The support zone of 67.20-50 could push for a rebound correction toward 71.00. Below 67.00 prices could add…
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USDJPY managed to print above the 149.50 resistance which could push for an advance as previously stated. As we see on the chart, prices face the first support around 148.25 and the second support around 147.30. One of those supports could…
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