Orbex - Forex Trading Library

Shares in US social media giant Twitter are trading at fresh highs ahead of the US open on Wednesday. The company’s stock price has been on an explosive rally off the 2021 lows printed in early January with shares recovering from lows…
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There is a saying in investing: when a trading idea is being talked about on the mainstream media, the opportunity is passed. Although, that may be an updated version of a truism developed in the '30s. The general idea is that when…
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DAX (Germany 30): Dax In Upside Ma Con Bassi Volumi S2: 13,912     S1: 13,962     R1: 14,061     R2: 14,111 L’indice DAX segna nuovi massimi storici in area 14.200, prima di abbozzare una flessione in modo composto e controllato che…
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EURUSD seems to be forming a major primary bullish impulse. The bearish correction wave ④ has recently completed, which formed a zigzag consisting of sub-waves (A)-(B)-(C). In the short term, the primary wave ⑤ could reach the…
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Sell-Off Continues The dollar index slumped another 0.53% lower yesterday as it falls closer to the 90 handle. Bears are now attacking late January lows amidst the fragile outlook for the currency, with looming monetary aid in focus.…
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The precious metal is posting strong gains, rising for three consecutive days. Despite the gains, prices are below the 1850 level of resistance. In the near term, we might expect prices to move sideways within the 1850 and 1817.80 level.…
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WTI crude oil prices are pushing lower following a six-day winning streak. Price action rose to a 13-month high prior to the pullback. But for the moment, the declines are likely supported near the 57.35 level of support. If price action…
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The British pound sterling continues to push higher with price action rising to a new three and a half year high. The gains come as the GBPUSD moves closer to the 1.3777 level. Given that this level has served as support in the past, we…
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