Orbex - Forex Trading Library

The euro rose to 1.1144, marking a fresh two-month high on Friday before retreating. The pullback coincides with the resistance level near the 1.1130 level. At the moment, price action is supported from the median line. But a…
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Despite post-lockdown optimism increasing, the trade war between the US and China has only just restarted, and this time in multiple fronts! With Trump expected to announce his policy against China soon, the retaliation game is on the…
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Former President Barack Obama recently broke precedent when he came out with public political commentary. Of course, the argument can be made that the current situation is unprecedented, and most leaders are working in uncharted territory.…
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Despite the short/medium-term ascending channel indicating the SP500 remains biased to the upside, the divergence on the RSI (9) could be offering a short-term sell. The regression channel suggests that the first attempt won't even make…
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CRUDE OIL (US CRUDE OIL): Ancora In Fase Di Spinta S2: 29.95     S1: 31.83     R1: 34.90     R2: 37.97 Il CRUDE OIL WTI ha trovato una forte resistenza in area 34 dollari al barile, proprio a ridosso del RUN AWAY GAP ribassista…
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The precious metal is trading somewhat bullish as it attempts to recover the losses from the previous two sessions. However, the intraday charts show a consistent lower high forming, alongside lower lowers. This is indicative of a…
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WTI Crude oil prices are finding it difficult to break past the 33.66 level. After briefly trading above this level, oil prices are back below this handle once again. But as a result, a soft double bottom pattern is forming near…
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The GBPUSD currency pair is looking somewhat bullish after the initial pullback looks to be complete. Price action fell back to the price level of 1.2277 after a brief rise initially. The current recovery will confirm the potential…
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The euro is trading above the 1.1000 level for the first time in two months. The gains came about on the Eurozone stimulus. The current gains will now see the upside rising towards 1.1132 where there is a strong chance of resistance…
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