Orbex - Forex Trading Library

NAS 100 clears resistance The Nasdaq soared as Nvidia shares spiked over 8%, leading the way for tech stocks. On the chart, the break above 19000 suggests that the index might be on course for another record. A pop above the tip of a…
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A full trading day later, the dust has settled on the market effect of the US presidential debate on Tuesday night. After all the incisive headlines playing up the effects, the main takeaway from the debate as far as the markets are…
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USOIL Oil in Free Fall WTI Oil prices plummeted further, with WTI breaking below a multi-month low. A limited bounce off 68.00 saw some consolidation. A subsequent drop below 66.00 invalidated the double bottom, forcing early buyers to…
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The Dow managed to test the resistance zone of 40880-950 and moved higher early this week. As we see over the Intraday chart, the market is still facing the 40880-950 resistance zone where as long as prices hold below it, another drop…
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Gold managed to meet the target of 2522-32 as predicted yesterday. Gold still holds within this trading zone and if prices keep holding below the 2528-32 resistance, another drop toward 2475 will be expected. Above 2532 more…
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Crude Oil managed to break below the 66.70 support whilst falling toward 64.70. As we see on the chart, the market is still facing a 67.70-68.50 resistance trend where as long as the market holds below this level, the chance for another…
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USDJPY broke below the support of 141.70 and fell toward 140.70 and failed to hit the target of 140.20. As we see on the chart, prices still hold inside the downtrend channel with the support zone at 140.20-70 and the first resistance at…
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GBPUSD also dropped and is now closing to the support zone 1.3050-70. As long as the market holds above 1.3050-70 a chance for another advance toward 1.3300 and 1.3480 is still valid. Below 1.3050 the market could head for a drop to…
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The Euro rebounded last week to test the first resistance 1.1140. As we see on the chart, the market hit the 1.1040 support and still has a chance for another rebound toward the 1.1200 zone. Below 1.1025 prices could add another drop…
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