Orbex - Forex Trading Library

The euro currency posted a steady decline as price action reversed just a few pips of the 1.2050 level of support. The declines come on the back of a strengthening US dollar. Speculation that the new Treasury Secretary, Janet Yellen will…
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Last week’s highlights China exports rebound in December Exports from China continue to post a strong rebound in December. Official data released last Thursday showed that China's exports rose by 18.1% on a yearly basis. This was…
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Shares in Citi Group are flat ahead of the US open today following a heavy sell-off on Friday. Selling interest mounted late last week in response to the bank’s Q4 earnings. The bank reported better than expected earnings per share of…
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Tomorrow's release of the key ZEW economic sentiment survey for Germany could give us some market directionality. Daily new covid cases in Europe's largest economy have been on the decline since the holidays. They remain well above…
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The current EURUSD formation hints at a large bullish impulse consisting of primary sub-waves ①-②-③-④-⑤. Currently, the market is forming a bearish correction (4) of wave ⑤ as an A-B-C zigzag. Minor sub-waves A and B have ended, and…
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AUDUSD Stays High as Risk Appetite Grows After reaching a 23-month high, the Australian dollar’s bullish run sees no signs of exhaustion yet. The Trump administration’s banning of Chinese companies temporarily lifted the Sino-US…
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APPLE(APPL.OQ): Apple Alla Ricerca Di Un Minimo S2: 124.9     S1: 126.02     R1: 129.24     R2: 131.34     Apple è visto in fase di correzione dai massimi segnati a quota 138.79 e dovrebbe svilupparsi in due fasi per target a 121 .…
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After posting a strong two-week consecutive gain, the S&P 500 index gave back those gains last week closing on a bearish note. This comes even as the index tested new all-time highs prior to the decline. For the moment, prices are…
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The precious metal was also trading weaker on Friday with prices down over 1%. However, price action remains subdued for the moment with the sideways range between 1850 and 1818 levels holding up for the moment. The lack of further…
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Crude oil prices were down close to 3% on Friday. This comes even as prices attempted to make a rebound earlier in the week on Thursday. However, this rebound led to a lower high emerging. Following this, prices gave back the gains on…
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