Orbex - Forex Trading Library

EURUSD grinds critical floor The US dollar consolidates amid worries about the debt ceiling stalemate. The euro’s drop below 1.0940 has led short-term buyers to liquidate their positions. The pair is testing 1.0840 from the start of a…
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The UK is expected to get another bit of good economic news. But upbeat forecasts make it easier for a disappointment to appear and drag on the market. After a string of positive results that have failed to energize the pound over the last…
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In today’s advanced ElliottWave analysis, Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses #equities, FXMajors, and #Commodities and discover how he applies EW principles to come up with…
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US President Joe Biden was scheduled to meet again today with congressional leaders to talk about resolving the debt ceiling. But it was abruptly postponed, without a reason given. A few hours later, it was reported that the delay was…
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It is assumed that silver is moving inside the global corrective trend consisting of cycle waves w-x-y-x-z. The current chart H1 shows the structure of the cycle intervening wave x. This could end as a triple zigzag of the primary…
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GBPUSD goes into correction The pound retreated after the BoE warned that the impact of rate hikes will be felt in coming quarters. From the daily chart’s perspective, the bias remains bullish as the pair reaches a 12-month high. A…
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Don’t miss your chance to attend another Orbex Trading Masterclass webinar: “How to Start Trading Gold” with leading industry expert and seasoned market analyst Daniel John Grady.   Register to join our live webinar on Friday, May 19th,…
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