Orbex - Forex Trading Library

The prices of Natural Gas plummeted yesterday to '96 lows of $1.40. Far from the lower channel of the regression channel that started in Aug '09, prices could decline further. The commodity is currently trading within the lower zone of the…
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NASDAQ100 (NAS 100): Flash Sui Massimi Storici. Si Punta A 10,350 S2: 9,828.7     S1: 9,963.3     R1: 10,174.3     R2: 10,383.4 L’impostazione di breve per l’indice NASDAQ100 rimane al momento a propensione positiva, considerando…
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Gold prices are trading rather muted on Thursday after the previous strong price action. The precious metal touched highs of 1779 on Wednesday before retreating. The breakout from the median line suggests a potential dip to the 1747…
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Oil prices fell to the support near 37.66 as expected. The rebound off this level is also seemingly holding up for the moment. However, price action needs to close above this level to confirm that the support level is holding up for now.…
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The British pound sterling's attempt to rebound was soft with prices now trading sideways intraday. Overall, GBPUSD remains caught within the 1.2516 and 1.2368 levels. The bias is to the downside for a more firm test of the support area.…
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The euro currency is on track for posting two days of declines. However, price action remains somewhat resilient to the downside. Following the decline into late Thursday, the common currency might be looking to rebound. But the gains…
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The current GBPJPY structure resembles a standard Ⓐ-Ⓑ-Ⓒ zigzag pattern. Primary waves Ⓐ and Ⓑ are fully complete. Wave Ⓐ is a 5-wave impulse and wave Ⓑ is a double zigzag. Primary wave Ⓒ, on the other hand, is only partially complete.…
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The Head & Shoulders identified on May 25th offered a bullish opportunity near 22560. Since the bounce at the golden ratio, prices have marked fresh highs above the 25000 round resistance. With the first attempt having caused a…
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Mexico's central bank has cut interest rates 8 times since it started its current loosening cycle last year. It has now cut a total of 275 basis points. That's the second-fastest pace and largest cut of central banks in the world. But at…
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The precious metal is seen slowing down its gains following the recent breakout. There seems to be a technical resistance near the 1774.50 handle. Still, at the time of writing gold prices are attempting to break out above this level.…
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