Orbex - Forex Trading Library

The British pound sterling pared losses on Friday to pull back above the rising trend line. Price action is now in a tight range with the 1.3300 technical resistance and the trend line. This could result in a possible breakout in the…
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Oil prices offset the losses from Thursday, posting strong gains on Friday. After consolidating near the 41.00 level of support, the commodity is once again testing the previous highs. The key challenge for crude oil will be the 42.68…
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The euro currency remains in an overall consolidation. However, price action is supported by the rising trend line which has held up on previous occasions. For the moment, a reversal off the trend line could potentially mark a small…
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Shares Higher Pre-Market Shares in US tech leader Amazon, famous for its online shopping, are trading a little higher pre-market on Friday. Amazon’s shares have been lifted by the news this week that the company has launched an online…
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The GBPJPY structure shows a standard zigzag that consists of primary sub-waves Ⓐ-Ⓑ-Ⓒ. Wave Ⓐ is a 5-wave impulse whereas corrective wave Ⓑ is an intermediate zigzag. Currently, we see the development of the final impulse in wave Ⓒ.…
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USDMXN has seen a bearish move from its attempt to move over $23 in September. The currency pair hit a double resistance which has now led prices trading inside a descending channel. Several attempts to exit the lower channel have…
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IBM (IBM.N): Supporti A Controllo Su Quota 105 S2: 115.36     S1: 116.27     R1: 117.77     R2: 118.36 Il colosso informatico USA dopo aver tenuto i supporti a quota 105, configurando uno swing, ha validato un primo test sulla…
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Gold Gold prices have continued lower this week despite weakness in both equities markets and the US dollar. It’s been a tricky week for traders. Establishing a directional grasp on the markets has been difficult given the mix of themes…
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