Orbex - Forex Trading Library

Crude Oil managed to test the support zone of 71.50-99 and rebounded as expected to hit the targets 74.20 and 75.80. As we see on the chart, the support trend is around 71.50-99 and if prices hold above it another advance wave toward 80.50…
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USDJPY managed to hold above the support of 143.40 and closed at the target of 145.25-50. If prices remain below 145.50, a chance for a drop could hit the market with supports at 144.55 and 143.40. Above 145.90 more advance will be…
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GBPUSD managed to add more advance above 1.3150 last week. Market now facing supports around 1.3170 and 1.3050-70 and if prices remain above one of those supports, more advance toward 1.3300 is still expected. Below 1.3050, the market…
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The Euro managed to meet the target 1.1140 and advanced further with the market facing a second resistance around 1.1275. As we see on the Intraday chart, prices now face the first support around 1.1070 and more advance will be expected…
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In a somewhat unusual situation, the central bank and markets are at odds with each other in Australia, particularly about the Australia CPI data. The wild shifts in inflation and rates over the last couple of years has made the occurrence…
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SPX500 index hitting resistance The SPX500 index confirmed its bullish stance after a remarkable comeback from the early August sell-off. The price has turned north after breaking 5500 as price action searches for the previous record…
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The Dow managed to break above 41000 which could keep the advance toward 41400 and 41800. As we see on the chart, the market is facing support around 40700-800 and if prices remain above, the advance wave could sustain toward 41400 and…
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Crude Oil tested the support zone at 71.50-99 and rebounded to meet the targets of 74.20 and 75.80. As we see on the chart, prices show a support trend around 71.50-and if prices hold above it, another advance toward 80.50 will be…
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USDJPY fell below the support of 144.40 and dropped further toward the second support of 143.40. 143.40 supported prices which could give chance for a rebound toward the 145.25-50 resistance zone. Above 145.90 more advance will be…
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