Orbex - Forex Trading Library

GOLD (XAUUSD): Onda 4 In Un Triangolo Rialzista S2: 1,684.5     S1: 1,703,2     R1: 1,735     R2: 1,766.8 L’Oro continuazio a consolidare secondo un modello triangolare che ingloba chiaramente un’articolata Onda 4 del ciclo impulso…
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Crude oil prices extended declines but the price level near 37.67 is holding up the commodity for now. A rebound off this level should be followed by a move higher. Therefore, watch for oil prices to test the 40.00 level and probably…
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The precious metal is up over 1% intraday on Tuesday. The gains came after prices bounced off the lower support level near 1671.95. Following this, the breakout of the falling trend line also confirms the upside view. The next key…
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The British pound sterling is posting steady gains. The gains come just after GBPUSD slipped back to the 1.2643 level. With support forming here, price action is attempting to test the previous highs from earlier on Tuesday. A close…
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The euro currency is posting an impressive recovery. Prices are up over 0.40% intraday and currently attempting to test the Friday highs from last week. Gains are mostly driven by a weaker US dollar. For the moment, this retest near the…
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There are increasing expectations about the FOMC meeting today and tomorrow. A lot has changed since the last meeting. The question is: how is that going to affect the Fed's outlook? Virtually all analysts agree that it's too early to…
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Last week, the markets were moving significantly higher on improved risk sentiment. The media tends to focus on specific events that might have a short term impact, such as the ECB raising asset purchases (which buoyed the euro as…
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Gold prices caught a bid following last Friday’s sell-off. Price action quickly bounced back off the 1671.95 level of support. But despite this move, the lower high that is likely to form could be indicative of a move lower. Watch how…
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