Orbex - Forex Trading Library

GBPJPY Inches Up on Deal Optimism The pound sterling could continue to strengthen against the yen. This is as long as hopes of a limited trade deal keep sellers at bay. Markets have shrugged off August’s slower-than-expected GDP…
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AUDNZD(AUDNZD): L’Oro Debole Frena l’AUD S2: 1.0815     S1: 1.0834     R1: 1.0883     R2: 1.0913 La MM a 21 giorni costituisce un buon supporto per AUDNZD che su base 1.082 sembra aver costruito un robusto supporto. Sempre positivo…
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Last Week’s highlights Reserve Bank of Australia Keeps Interest Rates Unchanged The Australian central bank held its monetary policy meeting last week. As widely expected, the central bank left interest rates unchanged ahead of the…
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The precious metal rose nearly 2% on Friday breaking past the key resistance level of 1900 - 1911.15. The gains come on the back of a new stimulus bill in the United States, which is under consideration. With price action now clear of…
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Crude oil prices closed on a soft note on Friday following a week of strong gains. Subsequently, price action closed bullish on a weekly basis. This comes after two weeks o declines. Still, prices are back at where they were, four…
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The British pound sterling rose to a fresh one-month high, capping a three-day winning streak. The gains come broadly on a weaker greenback, but the GBP is also bolstered by the ongoing Brexit trade talks. Price action on the 4-hour…
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The euro capitalized on a weaker US dollar, rising to a three-week high. Following days of back and forth, President Trump finally signaled interest in the coronavirus stimulus bill. This led to the dollar falling, amid rising…
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Ferrari Down On New of New Fuel Tax Shares in Italian automaker Ferrari are trading a little over 1% lower pre-market on Friday. The company has been hit by news of a proposed new tax fuel in France. A Bloomberg report this week is…
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The two largest economies in the world will be providing their inflation numbers next week. Normally, this would be a major event that would rile up markets. However, with monetary policymakers focusing on other things, the markets are…
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The current AMZN structure shows the formation of a bullish impulse consisting of primary sub-waves ①-②-③-④-⑤. The first four waves are fully complete. The final wave ⑤ is an intermediate degree impulse. In the medium term, a move in…
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