Orbex - Forex Trading Library

Crude Oil managed to break above 58.80 last week to advance and test the resistance trend around 60.50-70. As we see over the chart, prices still face resistance at 60.50-70, which could push for a correction with supports at 59.15 and…
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The pair managed to hit the target of 154.30-50 and broke above this resistance zone, which could set a new course towards 156.70 and 158.80. As we see from our previous chart, the market tested support at 153.65 last Friday before a…
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GBPUSD moved below the support of 1.3140, which could lead for a downtrend break towards 1.2850. As we see from the chart, the market is facing a resistance zone at 1.3240-90, where if the market holds below it, the downtrend pressure…
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The Euro managed to break above 1.1610 which could lead to a further advance. As we see over the Intraday chart, the market is facing a support zone at 1.1565-80. If prices remain above this area, then the advance wave could sustain…
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NZDUSD finds more support The Kiwi finally found some firm support after a month long sell off. The pair is attempting a full recovery, which is a strong indication that buyers are not yet out of the game. A close above the recent peak…
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EURUSD bouncing back The dollar has not been the most favourable currency to trade with recently, as the rally that started in September has come to a halt. Sellers have continued to close their positions as the price spikes higher,…
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USDJPY hits resistance The US dollar retreated as sentiment shifted after a month-long rally. The Yen has clawed back some of the losses from the majority of October’s liquidation. A close below the immediate support of 154.50 suggests…
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Gold prices have had a banner week, and have seemingly resumed their strong upward trajectory. The moves come in the wake of news that the US government would open. Gold bumped up another 1.8% on Wednesay ahead of President Donald Trump…
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The Dow moved above 48000 yesterday to push for a fast advance towards 48420 so far. As we see over the Intraday chart, the market is facing a resistance zone around 48500-600, while support at 47850 could create a trading zone. Above…
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