Orbex - Forex Trading Library

Gold managed to advance above the support of 2468-70 and is closing now to the second target of 2520. As we see on the chart, market will face resistance zone at 2520-32 which could push again for another swing back in this trading zone…
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Crude Oil broke below 71.15 two days ago and dropped toward the target of 68.80. As we see on the chart, prices face resistance around 71.50-72.50 which could keep the pressure on the market for another dip towards the 67.00-70 zone.…
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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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USDJPY managed to fell below the support of 144.40 and met target of 143.40. As we see on the chart, market still faces the support zone 141.70-90 and if prices hold above this zone, a rebound could hit any time toward 146.00. Below…
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The Euro rebounded after testing the support level of 1.1040 in the last few days. As we see on the chart, the market still facing supports around 1.1040 and 1.0970-90 with resistances at 1.1140 and 1.1200. There is a chance for another…
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US August NFP: The 50bps Rate Cut Question Friday's US Non-Farm Payroll figures come out at a crucial moment for the markets. Traditionally, September is a bad month for risk appetite, and already the start has shown an inclination for the…
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USOIL struggles for support WTI fell further as persistence concerns over demand persisted. As the daily RSI fell into the oversold area, bears will need to take a breather after they cleared the August low of 71.45. A drop below the…
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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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Gold managed to hold above the Intraday support at 2490 and created a small trading zone toward the 2507 resistance. Above 2507 more advance to test 2520-22 could hit the market. Below 2489, more of a drop could hit the market with…
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USDJPY managed to break below the support of 145.50-75 yesterday and pushed for further lows. As we see on the chart, prices could drop further with supports at 144.30-40 and 143.40. The market will face resistance around 146.30-40…
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