Orbex - Forex Trading Library

The euro currency posted gains on Friday, marking an end to four consecutive daily declines. The rebound comes after price reversed near a three-month low of 1.1951. As a result, prices pared losses to close on Friday near 1.2050. This…
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Amazon shares are trading a little lower ahead of the US session on Friday. The company’s stock has seen plenty of volatility over 2021 so far with price dropping initially, only to rally into the green on the year, before now moving into…
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The WallStreetBets saga got a lot of sensational coverage. This somewhat obscured that what the retail traders were doing - and succeeded in doing in the case of GameStop - is a pretty standard trading move called a "short squeeze". The…
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The USOIL structure looks at waves I-II-III-IV-V which suggests a bullish impulse. Currently, correction IV of a cycle degree, in the form of a double zigzag, has recently ended. Now a cycle wave V is forming, which can complete the…
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Greenback Continues to Surprise The dollar index closed 0.45% yesterday as is headed for its best weekly gain in three months. Democrats in the US Senate expect a marathon voting process, with Republicans set to oppose Biden's $1.9tn…
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The precious metal is down over two percent on an intraday basis. The declines accelerated after the precious metal lost the footing near 1817.89 support. The sharp declines could see the precious metal touching down to 1764.22 where…
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NATURAL GAS (NGAS): Natural Gas A Struttura Rialzista S2: 2.683     S1: 2.772     R1: 2.912    R2: 2.963 Le quotazioni del Natural Gas si trovano in una fase di trading range a maggior propensione rialzista ed ora in prossimità di…
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WTI Crude oil prices are trading weaker following the previous strong bullish sessions. Price action is reversing gains after testing the 56.00 level. The declines could, however, see near term gains once again. For the moment, the…
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The British pound sterling reversed losses in one single session, intraday. Price action posted strong gains following the BoE coming out slightly hawkish than expected on negative rates. As a result, the GBPUSD was back near the…
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