Orbex - Forex Trading Library

The British pound sterling is posting steep losses on Monday. The declines come amid threats of new tougher lockdown measures in the United Kingdom. The one day implied volatility is once again pushing higher. After trading near the…
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The euro currency gapped higher on the open on Monday as traders returned from the year-end holiday. The US dollar resumed its declines from 2020 pushing currencies such as the euro higher. The common currency briefly rose to test the…
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New Year, Same Problems for the Dollar The US Index was virtually unchanged on the first trading day of the year, remaining in negative territory below the 90 handle. Slumping to a new multi-year low during the session, the index staged…
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Record Vehicle Deliveries Tesla shares have started 2021 in the green following news over the weekend that the company beat analyst expectations for vehicle deliveries in 2020. Despite the pandemic, Elon Musk’s company delivered a record…
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NZDUSD scaled up to a 33-month high during the first session of 2021, just shy of the 73.50c. The upside move in impulse wave 5 of (C) is seen as part of a triple zigzag correction. The last correction in wave Ⓩ suggests a target at the…
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Last week, the US dollar index fell to the lowest level it's been since the start of 2018. And in the first hours of trading in the new year, it has continued lower. The index is now well below pre-covid levels, and it started to…
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DE30 (Germany30 Index Future): Nuovo Massimo Storico Per Il Dax S2: 13,510     S1: 13,644     R1: 13,920    R2: 14,054 Il Future sull’indice tedesco DAX ha guadagnato moderatamente forza relativa superando di slancio quota 13,500.…
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Last week’s highlights Australia retail sales rise 7% in November Retail sales in Australia posted a continued rebound in November, building up from the gains in October. The total value of retail sales rose 7% on a month over month…
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The leading US equity index closed higher to mark the end of a rather volatile year. The S&P500 index closed at 3759, following a steady grind higher. The markets, in general, have been following in sync. Investors ignored the…
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USDJPY Tanks Over Improved Sentiment If the new year comes with new hopes, then the US dollar could remain depressed compared to its riskier counterparts. Markets are currently driven by a recovery mood even if it is barely over…
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