Orbex - Forex Trading Library

The euro currency is paring losses following the Fed meeting. Prices fell to a five-week low before recovering. This coincides with the trend line from which the common currency is reversing losses. Further continuation to the upside…
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Alibaba Shares Lower on Thursday Shares in Chinese E-commerce giant Alibaba are trading almost 2% lower pre-market on Thursday. Alibaba has had a broadly positive year with price breaking out to fresh all-time highs. However, as of…
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Every week, the Commodities Future Trading Commission (CFTC) issues a Commitment of Traders (COT) report. Basically, it's a summary of the positions held by large futures trading institutions. It covers all assets, but forex traders are…
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AUDCHF has been trading in an ascending channel from the middle of June. Since then, we have witnessed several attempts to break the upper line. The lower channel has also been tested as prices move away from the psychological 0.65 area.…
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FOMC Gives Dollar Fresh Hope The US Index finished indecisive on Wednesday as the Federal Reserve published their policy statement. The key takeaways from the FOMC meeting saw the Fed committed to more asset purchases. In addition, it…
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Crude oil prices have traded higher across the week, recouping some of the losses suffered over the prior week. This week’s gains have been driven mainly by a bullish report from the EIA. In the week ending September 11th, the Energy…
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The precious metal is trading weaker, as the technical resistance level near 1967 held on. The Fed meeting also set off the declines with gold likely to head lower in the near term. Price action could be on track to retest the 1911.50…
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Oil prices continued to push higher as price action cleared the previous resistance level near 38.83. Following the upside breakout, the commodity also pushed slightly higher to the levels near 40.00 before pulling back. If the…
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The British pound sterling failed to breakout above the 1.1300 handle. As a result, price action reversed gains and is pushing lower. The BoE is scheduled to meet today and dovish rhetoric from the central bank could push prices even…
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