Orbex - Forex Trading Library

PALLADIO (XPDUSD): In Attesa Di Onda 4 Ribassista S2: 2,664.29     S1: 2,754.55     R1: 2,905.29     R2: 3,056.03 Le forti tensioni sviluppate dai mercati finanziari hanno trovato sfogo verso i cosiddetti beni rifugio, ai quali non si è…
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The fourth quarter GDP growth in the United States stood at 2.1%. This was in line with estimates and unchanged from the preliminary release. There were some upward revisions to private inventory investments, exports and federal spending.…
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The last Friday of the month is crammed full of what are often second-tier GDP numbers. The markets see them this way as they are from smaller economies. However, they are just as relevant for their respective currencies, despite being…
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The latest housing data covering new home sales showed a sharp spike. Data from the Commerce Department revealed that new home sales rose by 7.9% to an annual rate of 764,000. This was the highest level in twelve years. USD was…
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The commerce department will be releasing the second estimate on the fourth-quarter GDP from 2019. The median expectations point to a modest increase from the preliminary estimates. In the first estimate, the commerce department said…
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The current USDCNH structure suggests that the cycle degree triple zigzag w-x-y-x-z completed and markets have reversed into a bullish trend. This primary degree 5-wave upside consists of waves ①-②-③-④-⑤. With waves ① and ②fully…
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After two days of major drops in the US stock markets, analysts are revising their positions on where interest rates, and therefore currencies, are headed. Up until the weekend, the consensus was that there wouldn't be any rate cuts by…
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CRUDE OIL (WTI Oil): Supporti A Rischio S2: 48.33     S1: 49.11     R1: 51.35     R2: 53.59 Come anticipato nel report precedente, le quotazioni del WTI si sono riproposte in flessione definendo Onda 4 ribassista, del processo impulsivo…
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Consumer confidence, as measured by the Conference Board saw a modest increase in February. The data showed that the consumer confidence index rose to 130.7 from a downward revised 130.4 in January. The data was below estimates of 132.5.…
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The current AUDUSD structure hints that a major bearish trend is forming in the market, consisting of primary sub-waves ①-②-③-④-⑤. After the completion of the primary wave ④, the market continued to move down in a new bearish impulse ⑤,…
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