Orbex - Forex Trading Library

As we see on the Intraday chart, Gold is facing a rebound correction movement toward the 2520-22 zone. If the market keeps holding above 2490, another rebound toward 2520-22 could hit the market. Below 2490 more of a drop could happen…
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The Dow managed to break above 41000 and managed to add more advance toward the first target of 41400. As we see on the chart, prices face support around 40700-800 where the market managed last week to test 40850, before advancing toward…
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Crude Oil dropped as the short term outlook still shows a chance for a move back toward 78.80 and 81.00. The main support trend is still around 71.50-99 with intraday supports at 72.60 and 71.50. Below 71.15 more of a drop toward…
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USDJPY managed to break above 145.50 last week and could advance further toward 147.30. As we see on the chart, prices are facing support around 145.50-75 whilst resistance around 147.30 could create a trading zone. Above 147.30 more…
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GBPUSD fell below the support of 1.3170 and prices now face a second support at 1.3050-70. The market could hold this trading zone between support 1.3050-70 and resistance 1.3170 As long as the market holds above the support…
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The Euro tested of the Intraday support level 1.1040 last Friday. As we see on the chart, the market is facing supports around 1.1040 and 1.0970-90. One of these supports could give the market the chance for another advance toward 1.1200…
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The Bank of Canada is out in the forefront when it comes to easing, having already cut in June and July. Economists are unanimous in their agreement that the BOC will cut again at the conclusion of its two day meeting on Wednesday. The…
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XAUUSD tests critical support Gold continues its choppy stance after hitting a firm rejection at 2530, indicating a potential gold breakout scenario. On the chart, the direction is slightly skewed as the precious metal is struggling to…
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The Dow managed to break above 41000 and advanced toward the first target of 41400 with the second target being 41800. As we see over the chart, prices face support around 40700-800, and if prices hold above it, the advance wave could…
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