Orbex - Forex Trading Library

The Dow managed to meet the second target of 41600. We still hold our previous outlook with the target now toward 42600. First support is at 41335 and below this price, the next test will be at 41000 which in turn could activate the…
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As we see over the Intraday chart, Gold faces supports around 2563-65 and 2550 where one of those supports could activate an advance wave again. Below 2550 more of a drop to test the 2528-32 support trend could hit the market.…
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Crude Oil dropped toward 67.66 and managed to sustain prices above the support zone 67.00-15. As long as the market holds above this support more, advance will be expected with resistance around 70.90 and 72.50. The Market managed to test…
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USDJPY hit below the 140.20 support which could push prices lower. As we see over the chart, the market is facing the first resistance around 141.20 where as long as prices remain below this resistance, more of a drop will be expected with…
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As we see over the chart, GBPUSD facing resistance around 1.3240-70 which could push for another drop toward 1.3090 and 1.3000. Above 1.3270 the market could have chance for farther advance toward 1.3435. SUPPORT RESISTANCE…
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The Euro managed to re-test the resistance zone of 1.1120-40. The Market could still drop toward 1.1025 which in turn could activate another advance. Below 1.1025 more of a drop to test 1.0930-40 is likely. Above 1.1155 more advance will…
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The BOE is widely expected to keep rates on hold at its Thursday meeting, which will be a key BOE Rate Decision. But one major caveat is that inflation data coming out on Wednesday is at least near expectations. Several aspects of the rate…
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UK 100 index probes resistance The  UK 100 index (FTSE 100) recoups some losses, and the index so far has found support at 8240 as price action creates a bullish channel, offering buyers some relief. Still, they are not out of the woods…
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