Orbex - Forex Trading Library

Crude oil prices are trading weaker on Monday after prices rose past the 49.00 level on Friday. The declines in the commodity currently reflect the market sentiment. Also, the strong gains in oil prices over the past few weeks make it…
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The British pound sterling crashed through the 1.3500 level of support on Monday's opening. The declines pushed the sterling down to the previous support level of 1.3300. The move comes amid the ongoing Brexit talks which have once…
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The euro currency opened the day, with a lower gap from Friday's close. The declines come as the US dollar is strengthening in the early session of the trading day. News about a new strain of coronavirus is also pushing investors to a…
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Last week’s highlights New Zealand economy rebounds in third quarter New Zealand's economy rebounded in the third quarter, making a sharp V-shape recovery. Official data showed that the Gross domestic product increased 14% in the three…
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The S&P500 index topped out the week near a new all-time high. The index closed on Friday at 3729, marking a record high close. This comes as investors continue to speculate on the Congress stimulus bill. With the S&P500 index…
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Facebook shares are trading a little lower pre-market on Friday. While the company’s stock price is still up on the year, momentum has waned significantly. This came following the correction lower from around the 300 level. The…
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On December 15th (Tuesday), Wunong Net Technology IPO's was added on the New York Stock Exchange, with the ticker WNW. The IPO was priced at $5.00 but debuted on the market at $8.65/share. It's a food e-commerce company in China. It was…
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USDTRY has seen a sharp shift in sentiment since its yearly high at the beginning of November. Currently, prices have fallen below the Ichimoku cloud which indicates further downside in the near-term. However, should the recent bullish…
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