Orbex - Forex Trading Library

The euro currency is likely to prepare for a move to the upside. Price action is firmly consolidating above the 1.1715 - 1.1700 level where support is being formed. The Stochastics oscillator currently looks a bit mixed. However, we…
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DAX (Germany30): L’Indice DAX In Frenata Sotto Le Resistenze S2: 12,581     S1: 12,656     R1: 12,821    R2: 12,911 Misurato arretramento per l’indice DAX sul finire di settimana, che riesce a mantenere "l'invisibile" supporto posto…
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Shares in US beverage giant Coca Cola are trading 0.92% higher pre-market on Thursday. The company was back in the spotlight this week on news that it is planning to release its first alcoholic beverage since the 1980s. Coca-Cola confirmed…
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Another month has gone by without the US Congress agreeing on additional coronavirus relief funding. Though in the last few days the rhetoric has turned more positive, with both sides expressing hope that a deal could be reached "this…
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Crude Stores Fall Again Despite trading lower over the week, crude oil found some demand midweek. This came in response to the latest report from the Energy Information Administration. The EIA reported that in the week ending September…
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The precious metal is struggling to maintain the gains made from Tuesday. Price action is rather mixed and likely to close with an inside bar. In the near term, this could lead to a possible breakout in the short term. However, the…
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WTI Crude oil prices extended the declines on Tuesday to fall back to the old support level near 38.835. Price action since then has turned bullish. The gains come as it coincides with the weekly inventory report. The US crude oil…
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The British pound sterling was trading flat for the most part on Wednesday, but price action turned bullish toward the late European session. At the current pace, the cable is likely to test the 1.3000 handle. This will mark another…
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The euro currency is finding it hard to breakout above the 1.1700 level, which is now turning into resistance. However, with the Stochastics positioning mixed, but likely bullish, we could expect further gains. Any move above 1.1700…
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