Orbex - Forex Trading Library

WTI Crude oil prices are down over 3% intraday. The declines come just after prices touched a three-month high near 41.50. Following this gain, oil prices are trading back below the 40 handle which had proven to be a bit of a struggle to…
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The pound sterling is down near 0.60% on the day, erasing some of the gains from the previous few sessions. The reversal came after the pound sterling failed to breakout above the technical resistance level near 1.2516. This has…
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The euro currency is trading weaker on Wednesday after failing to keep up on the momentum from the previous session. The common currency erased all gains from earlier as it moved back to the lower technical support near 1.1261. This…
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Despite silver trading within the lower zone of the regression channel, the chances of breaking to new multi-month highs are increasing. Bulls could be attracted to the confluence level near the $18.50 area. There, the median trendline…
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Tomorrow we get the final chance to adjust the measurement of the US Q1 GDP. The broad consensus is that it will simply repeat the second reading, to confirm a -5.0% contraction. However, given the logistics issues around COVID, there is…
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S&P500(SPX500): Guarda Ai Massimi Senza Convinzione S2: 3,109.99     S1: 3,120.64     R1: 3,148.42     R2: 3,176.2 Malgrado una buona spinta rialzista l’indice S&P500 non ha ancora ripreso i massimi di fine febbraio visti in…
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The precious metal is finally making some headway after nearly two months of being stuck in a range. Gold prices are rising steadily after clearing the key level above 1747. This level has proven hard to breach in earlier attempts.…
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Crude oil prices have managed to breakout above the 40.00 technical resistance level after struggling near this level earlier on. The move above 40.00 now sets the way for a potential test of the 50.00 level. However, this is assuming…
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The pound sterling has been mimicking the moves of the EURUSD currency pair. Price action is on a strong rebound following the declines to the 1.1268 level of support. At the time of writing, the GBPUSD currency pair is testing the…
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