Orbex - Forex Trading Library

Inventories Fall Again Crude prices have continued higher this week. The market extended its 2021 gains by a further 4%. Crude prices were helped higher this week by the latest report from the Energy Information Administration. The…
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Price action in the precious metal remains mixed. In the medium-term outlook, the current consolidation near the 1850 level is likely to signal a bearish flag pattern. But price action needs to post a strong close below the 1850 level to…
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Crude oil prices are likely to signal a correction if the price action closes with a Doji. This comes after a steady patch of gains that pushed the commodity to an 11-month high. Given the strong pace of gains, prices are likely to make…
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The British pound sterling is posting losses following the solid gains made from earlier in the week. After briefly rising close to 4th Jan highs near 1.3702, the cable gave back the gains intraday. This has led to a bearish close.…
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The euro currency is resuming its decline as the USD is making a rebound following the one-day slump on Tuesday. As a result, the euro currency formed a lower high above the 1.2200 level. With the Stochastics oscillator also signaling a…
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Shares in IBM are trading in the green ahead of the US open on Wednesday. The company’s stock price has been enjoying a firm rally over recent months, trading up from the mid 105 October lows to highs of above 130 as of last week. Though…
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Tomorrow we have the release of a preliminary, non-seasonally adjusted estimate of Germany's GDP growth during last year. While it's important news, we don't expect it to move the market. This is because it's not one of the official…
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The current oil formation hints at a bullish impulse V of a cycle degree. This impulse consists of primary sub-waves ①-②-③-④-⑤. In the medium term, we expect continued growth in primary wave ③. Following a slight decline in correction…
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EURGBP has been treading on negative ground since the last attempted move higher at the back end of 2020. Further rallies have been met with firm resistance at the 0.91 area. The recent hidden bearish divergence noted on the momentum…
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CISCO(CSCO.OQ): Test Su Importanti Resistenze S2: 44.37     S1: 45.08     R1: 46.21     R2: 46.63 Il trend di CISCO è visto sempre in fase rialzista, ma sul breve periodo le quotazioni stanno validando un importante livello di…
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