Orbex - Forex Trading Library

The Dow managed to hold below the resistance of 38900. The chart shows that the market is still facing pressure around 38900 and 39220, while the downtrend movement could progress towards the target of 37700. Above 39220, more advance…
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Gold broke above the 2355 resistance zone, pushing the market higher towards 2374. As mentioned before and seen on the chart, the market could sustain this advance movement toward 2380 and higher. Prices are facing support around…
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As previously predicted, Crude Oil dropped below 75.50 and fell further to meet the second target of 73.50. On the chart, the market faces hitting the uptrend line around the 70.00-50 zone, which could provide a chance for a rebound…
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The USDJPY corrected and tested the uptrend support line around the 154.50 zone, as seen on the chart. Intraday levels show the first support around 155.70. Prices managed to rebound as the market faced resistance around 156.50. If…
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As mentioned in the previous week, the GBPUSD pair met the target of 1.2800, which then saw a correction. If prices remain below 1.2800-15, a further drop will be expected, with supports at 1.2640  and 1.2450. Above 1.2815, more of an…
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As seen in our previous chart, the Euro broke above the resistance of 1.0895, which could signify a further advance. The market is facing an uptrend, with the support zone around 1.0785-95. If prices are above this area, an advanced wave…
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Analysts are expecting May NFP to come in softer once again. After months of underestimating the job creation potential of America, the miss last time around seems to have restored analysts' confidence in providing a downbeat forecast. But…
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SPX 500 on the comeback trail The SPX 500 pushes higher thanks to a push in technology stocks. The sentiment is still overwhelmingly upbeat as the index grinds high to hit another record. Another bullish breakout would trigger a new…
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The Dow held prices below the resistance of 38900 and corrected towards 38250. As seen on the chart, the market still faces resistance around 38900 and 39220, while the downtrend pressure could sustain toward the target of 37700.…
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