Orbex - Forex Trading Library

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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Monday could be pretty interesting for European markets, and there is a chance of a strong move in the early European session. Part of that has to do with the lingering effects of what might come out of the Jackson Hole Symposium, and…
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EURCHF(EURCHF): Euro In Consolidamento Contro CHF S2: 1.069 S1: 1.081 R1: 1.092 R2: 1.104 Dal picco segnato la primavera scorsa a 1,115, EURCHF ha intrapreso una traiettoria ribassista che sotto 1.10 ha assunto le caratteristiche di un…
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USDJPY about to test resistance The Japanese yen weakened after a lower-than-expected Tokyo CPI in August. The US dollar is grinding its way back up after the mid-month correction. A double test at 109.50 suggests strong buying…
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Today marks the start of the two-day getaway for major central bankers to Jackson Hole, Wyoming. Traditionally, it was more of an informal event, with a series of presentations on diverse financial issues. Mostly it was an excuse for…
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The GBPJPY formation suggests the development of the final part of the cycle wave y. This takes the form of a double zigzag consisting of primary sub-waves Ⓦ-Ⓧ-Ⓨ. The last actionary wave Ⓨ is currently under development. The impulse wave…
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