Orbex - Forex Trading Library

Tomorrow is the first of the month and the day arrives with a treasure trove of data from Europe. Given the importance of the figures' release, we can expect some extra volatility in the pound and euro pairs. Lately, both currencies have…
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US 30 challenges peak The Dow Jones 30 index holds near its historic high on upbeat investor sentiment. The break above 35330 has signaled the bulls’ commitment to maintain the upward bias, while 35200 is fresh support. An…
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Amazon's shares moved in a sideways range since last year, forming a primary degree correction in wave ④. The ranging market has taken a triple-three structure which consists of intermediate sub-waves (W)-(X)-(Y)-(X)-(Z). With all…
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Last night, Hurricane Ida hit Louisiana square in the middle of the heart of US oil transport and refining. While the press makes a comparison to Katrina, traders need to assess how this is likely to affect the markets. Experts…
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DAX (Germany 30): La Struttura Di Lungo Rimane Rialzista S2: 15,215 S1: 15,699 R1: 16,030 R2: 16,350 Osservando il grafico a compressione settimanale si rileva come la struttura di lungo sia ancora impostata positivamente e come si…
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GBPUSD breaks resistance The US dollar tumbled after Fed Chairman Jerome Powell said it was too early to withdraw support. The pair has seen solid buying interest at the daily support (1.3600). After a short-lived consolidation…
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EURUSD struggles as US Fed remains unfazed The US dollar resumes its rally as the Fed maintains its optimism about the economic recovery. The market’s recent jitters are a sign of indecision as traders navigate amid mixed data and…
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