Orbex - Forex Trading Library

Fed Chairman Jerome Powell is in a somewhat difficult position. This is likely to be expressed in the statement from the FOMC policy meeting and the subsequent press conference. There is a reason that he's been making public statements…
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EURUSD pulls back to support The euro popped higher after the Eurozone's bond yields rose on improved sentiment. The pair maintained its recovery trajectory after it turned 1.1990 from resistance into support. The euro has met…
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A couple of weeks ago we got the flash reading of the Michigan Consumer Confidence numbers. These provided a bump to the markets. Not because they beat expectations so much, but it was the first time that consumer confidence had gone…
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The structure of the XAGUSD currency pair shows a cycle triple zigzag under construction. As part of the second intervening wave x recently ending. The cycle wave x is a bearish triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag. After completing this figure, we…
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US 30 bounces off key support The Dow Jones recoups losses as investors expect some leeway for President Biden’s fiscal plans. The index has found support at 33700. There have been three consecutive tests at this level which is a…
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As we enter Q2, the global market is expecting a sharp rebound with the inevitable reopening of most economies. However,  not only is a risk of a third wave being talked about, but also a fourth one. Join David and Daniel as they…
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