Orbex - Forex Trading Library

USOIL looks at a global upward impulse wave a of the cycle degree. This consists of primary sub-waves ①-②-③-④-⑤. After the end of the primary correction wave ④, an impulse came into formation. Most likely, the primary fifth wave…
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EURUSD sees limited bounce The euro retreats as the ECB may dial back normalization amid the Ukraine crisis. A fall below the daily support at 1.1130 was an invalidation of the February rebound and forced buyers to bail out. The…
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The GBPJPY currency pair is moving within a cycle impulse. Now the third part of this impulse is under development. We can assume that the correction wave ④ of the primary degree was fully complete at the end of December. This…
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The EURUSD is down 250 pips from the start of the year. But since early February it has taken a turn lower, which significantly accelerated after Russia invaded Ukraine. The next major support level appears to be 1.1000. Will it fall…
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XAUUSD grinds rising trendline Gold recovered after the first round of peace talks between Ukraine and Russia ended without a resolution. The precious metal found support over 1885. The rising trendline from early February indicates…
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Calling all beginner Forex traders! We’ve put together a comprehensive webinar dedicated to teaching you how to trade the financial markets! Next Monday, March 7th at 6 pm GMT, our seasoned market expert David Kindley will be going live…
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Today we have OPEC's Joint Ministerial Committee meeting. But the real potential market-moving event could be the end of the OPEC meeting tomorrow. With brent refusing to fall below the $100/bbl level, there is a lot of speculation about…
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