Orbex - Forex Trading Library

The Dow managed to rebound after last Monday’s sell off and managed to enter the resistance zone of 39475-875. As we see on the chart, resistance is showing around 39475-875 which could re-activate the downtrend pressure for a drop…
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Gold managed to sustain the advance wave as we projected last week. As we see on the Intraday chart, the market is facing a possible trading zone between the support of 2425-30 and resistance 2445-50. Above 2450 more advance will be…
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Crude Oil managed to maintain a daily close above the support of 72.45 and met the target of 74.25. As we see on the Intraday chart, prices face the first support around 73.30. If prices hold above this support, more advance toward the…
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USDJPY managed to add more advance above 146.70 while the market faces firm resistance around the 148.50-60 zone. As we see on the chart and if prices remain below 148.50-60, the downtrend pressure could sustain for another drop toward…
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GBPUSD is still facing downtrend pressure as the market signals a move towards the 1.2450 target. As we see on the Intraday chart, prices face the resistance zone around 1.2840-70 as below it, the downward pressure could sustain toward…
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The Euro managed to test the resistance at 1.1000 and managed to keep below this level so far. As we see on our previous chart, if prices remain below 1.100,0 another drop toward 1.0800 will be expected. Above 1.1000 more advance is…
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After last week's market chaos, traders are likely getting to grips with a new reality, particularly with cable. As a result of the shift in perception, the BOE is not expected to cut at a slightly faster rate than the Fed. But both are…
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GBPUSD continues the bear rally Cable continued plunging, keeping the bearish rhetoric in place for the past three weeks. The pair has fallen over 3% from its valuation against a robust dollar. With the Bank of England cutting interest…
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The S&P500 index covers the gap The S&P500 index advances as the index notches its best day since 2022. The rally accelerated after breaking above the previous gap at 5280, and a rising trend line with a steep angle indicates…
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