Orbex - Forex Trading Library

The euro currency was trading weaker last week, closing in the red on a weekly basis. But the declines came only after price action touched a new two-year high of 1.1965. If the current declines continue, EURUSD will be sliding toward…
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Amazon Rally Continues Shares in US tech giant Amazon are trading around 1.5% higher pre-market on the final trading day of the week. The rally comes in response to news that Amazon Prime has begun its joint service offering with UK…
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Netflix stock prices progressed creating higher lows since the beginning of the year. The search for record-high prices continues after witnessing a false break of the upper regression. The stock has been in an upward trend with prices…
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In this article, we will look at the period that follows a deflation, aiming to answer a not-so-simple question: “What is reflation in economics?”  Normally, following a period of economic uncertainty, like a recession, there…
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CRUDE OIL (US Crude Oil): Tiene L’Argine Su Quota 40$ S2: 42.10 S1: 42.51 R1: 43.18 R2: 43.44 Il quadro tecnico generale evidenzia in linea teorica uno sganciamento dallo scenario che inizialmente prevedeva un incastro di Onda 4 del…
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Jobless Claims Give US Economy More to Think About The US index could not hold onto recent gains as it closed below 93 yesterday.   Thursday’s gain was short-lived as the US jobless data climbed above 1 million again indicating a slow…
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Gold The yellow metal has been back under pressure this week amidst a resurgence in the US dollar. The rally in the dollar comes despite the July FOMC meeting minutes failing to indicate the Fed’s willingness to set a timeframe for…
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The precious metal failed to make further gains beyond the 2000 level. Prices only briefly traded near this level before giving up the gains. Following the failed test at 2000, the precious metal fell lower, breaking past the 1967 level…
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