Orbex - Forex Trading Library

EURGBP was trading in a descending channel from when it reached fresh highs in September. Several attempts at a move towards the upside saw heavy resistance until the beginning of December when prices moved above 0.90. Since then, the…
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Dollar Looks for Respite The US index rose slightly higher yesterday, just under 0.1%, as it achieved its third consecutive daily gain. Persistent Brexit uncertainty, added with the upcoming ECB meeting, saw investors shift sentiment…
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The precious metal is steady after prices rose above the 1850 handle earlier this week. Gold held ground despite the US dollar rising slightly on the day. For the moment, prices are drifting just above the 1850 level. But support needs…
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Oil prices remain trading flat above the 45.26 support level. Price action has been trading above this level since the start of the week. However, failure to make any new highs could see the support level coming under pressure. If the…
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The British pound sterling is trading a bit volatile, reacting to the Brexit talks. Price action remains trading flat, but well supported above the 1.3300 level so far. As long as the support holds, GBPUSD could be looking at further…
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The euro currency continues to trade weaker as price action is posting modest gains on Tuesday. This comes after the euro settled near new highs above 1.2150 late last week. For the moment, the currency pair remains flat unless it can…
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Apple Watchers Ready Shares in US tech giant Apple are trading a little lower pre-market on Tuesday ahead of an announcement by the company due later today. Recent reports have emerged highlighting a leaked memo from Apple which…
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Tomorrow is the Bank of Canada's last meeting for the year. And we don't really expect anything groundbreaking to come from it. There are some policy tweaks that we can expect which could push the CAD a bit. Given that we are about to go…
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