Orbex - Forex Trading Library

GBPUSD breaks resistance The pound advanced as the BoE hinted that rate cuts were coming. A new high above 1.2840 suggests a bullish continuation after the recent rally. A continuous upbeat market sentiment could attract more trend…
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The Dow fell after US labour market data moved prices to a 39155 low before rebounding above the support 39200. The market is showing the first support around 39150-200 where as long as prices hold above it then the advance could sustain…
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Gold managed again to rebound toward the 2387 resistance zone as we projected. As we see on the chart, the market is facing the Intraday support zone around 2365-68, where as long as prices hold above, an advance wave toward the second…
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As predicted early this week and as we see on our previous chart, Crude Oil failed for the second time to obtain a daily close above the resistance of 83.60. Prices managed yesterday to meet the target at the 80.00 levels. The market…
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As we see on our previous chart, the USDJPY pair managed to sustain trades below the resistance of 161.50 and so far retreated to 160.25. As we see on the Intraday chart, if prices hold below the resistance 161.40-70, another drop could…
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The GBPUSD pair seems preparing for more advance while managing yesterday to obtain a daily close above the 1.2815 level. As we see on the chart, the market is facing the first Intraday support around 1.2730. If prices hold above, then…
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The Euro managed to hit target of 1.0850 today as projected last Friday. The market is facing the resistance trend on the Triangle pattern around 1.0890-1.0915, which if prices fail to break, then another drop toward 1.0700 will be…
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Today could see the release of the most important data of the week, if not the whole month. After Fed Chair Jerome Powell's testimony before Congress yesterday and the day before, markets are primed to get confirmation on interest rate…
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USDJPY looking for another high The Yen stopped short of overturning a lift against the dollar as the pair rose towards another high. According to the latest USDJPY forecast, The pair cut through the round number of 161.00, which sat at…
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The Dow fell after US labour market data news release and hit a 39155 low before rebounding above 39200. The market is showing the first support around 39150-200 where as long as the market remains above it, the advance could sustain…
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