Orbex - Forex Trading Library

XAUUSD builds support for a comeback A weaker US dollar has offered gold the opportunity to make a comeback just ahead of the Fed meeting later today. After having established a base at the round number 1700 the precious metal is…
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Shares in Adidas are trading around 0.50% higher ahead of the market open on Tuesday. The company’s stock price has been heading back up towards highs recently. The broader improvement in risk appetite in Germany and the eurozone…
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A lot has happened since the FOMC last met in late January. Back then, we still didn't have the return in jobs numbers. There were still press reports of covid vaccine hiccups, and we still weren't sure that Jan 7 was the actual peak in…
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Oil continues to form a bullish impulse of a cycle degree. Recently, the cycle wave III which consists of primary sub-waves ①-②-③-④-⑤, fully completed. We are now seeing a slight corrective decline in the price in wave IV in the form…
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USDCHF stays in range After its meteoric rise, the US dollar is likely to go sideways as traders await a new catalyst from this week’s FOMC. The break below 0.9260 along with a bearish MA cross was a sign that the price action has…
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In today’s video, our Head of Investment Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset timestamps: EURUSD​ 01:00​ USDJPY​ 02:55​ NDAQ​ 04:20​​​ NATURALGAS​…
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Faber Out Shares in Danone surged higher at the end of last week as investors and the broader market responded to news that the CEO, Emmanuel Faber, finally conceded to pressure and vacated his position as chairman and CEO. The move…
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