Orbex - Forex Trading Library

Shares in General Electric are trading a little higher pre-market. Its been a volatile week for the company’s stock price which saw a sharp reversal lower yesterday despite a better than expected set of fourth-quarter earnings. Shares in…
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Social media has been abuzz after there were numerous traditional media reports of 23 people in Norway dying after getting the Pfizer/BioNTech covid vaccine. Authorities were quick to clarify that there was no link between the vaccine…
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The USDCAD currency pair forms a primary wave Ⓩ which is part of a global triple zigzag. The bearish wave Ⓩ takes the form of an intermediate (A)-(B)-(C) zigzag, with the final impulse wave (C) under development. Minor corrective wave…
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NZDCAD has seen a progressive shift to the upside in recent months, after the bounce at the 61.8% of the 0.9008/0.8018 Fibonacci leg. Bias turned to the upside after the specified support, as prices look to continue the acceleration.…
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DAX Fut. (DE30): Dax Future In Congestione Rialzista S2: 13,454     S1: 13,672     R1: 14,015     R2: 14,140 Buon ritorno di forza per l’indice tedesco Dax nell’ultima sessione prima di Natale che si svincola dall'aggressione…
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Dollar Slides Ahead of FOMC The dollar index closed 0.27% lower yesterday as we await the latest Fed meeting. FOMC investors are anticipating a dovish tone from the Fed, as there is apprehension about a delay in rolling out President…
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The precious metal was seen trading subdued albeit, trading flat. Price action managed to post intraday gains before giving them back. As a result, gold prices are back trading strongly near the 1850 handle. A close below this level…
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WTI crude oil prices continue to remain trading flat within the larger horizon. Price action gave back the short term gains made. For the moment, oil prices remain firmly entrenched within the 53.70 and 51.87 levels. With prices…
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The British pound sterling followed suit with many of its peers by paring losses from Tuesday. Price action posted a strong rebound, which coincides with the medium-term trend line. This rebound saw prices breaking past the 1.3700 handle…
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The euro currency pared losses from Monday as the US dollar weakened on Tuesday. Price action continues to remain to consolidate near the key resistance area of 1.2177 - 1.2144. Since Friday, the euro currency has been stuck in this…
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