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EUR/USD Consolidates Ahead of ECB Meeting

EUR/USD Consolidates Ahead of ECB Meeting

EUR/USD attempted to rally today but has retreated to the opening level by now. Traders wait for the outcome of talks between US President Donald Trump and European Commission ...

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Donations to the fire victims in Greece

Donations to the fire victims in Greece

Orbex is donating goods to the victims of the fires in Attica, Greece. This is our way of calling on citizenry and urge others to do their share as well. We believe that in ...

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Irish Border Remains The Key Issue As Brexit Negotiations Trundle On

Irish Border Remains The Key Issue As Brexit Negotiations Trundle On

Brexit Back In Focus As we head through the summer, talk of the ongoing Brexit negotiations is growing increasingly prevalent and uncertainty is rising. Recent developments within ...

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Markets froze before Trump-Juncker meeting on international trade; RUB, TRY sharply fell on Tuesday

Markets froze before Trump-Juncker meeting on international trade; RUB, TRY sharply fell on Tuesday

The US stock markets were marked by Tuesday’s growth in strong earnings reports, which allowed S&P500 to add 0.3% on Tuesday’s results. On Wednesday, by the beginning of Europe ...

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Trumps pull out a page from the Great Depression’s book

Trumps pull out a page from the Great Depression’s book

White House reported yesterday that the government would be taking a page from the Great Depression’s book, when the state directly provided monetary relief to the most affected ...

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Why are Forex Traders Watching Brexit?

Why are Forex Traders Watching Brexit?

Volatility is what drives the forex markets. The higher the volatility, the more room there is for traders to earn profits. And, one of the biggest events over the past couple of ...

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USDX approaching support, potential bounce!

USDX approaching support, potential bounce!

Price is approaching our first support at 94.19 (horizontal overlap support, 76.4%, 23.6% Fibonacci retracement) where price might potentially bounce and rise to our major ...

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GPBCHF approaching resistance, potential drop!

GPBCHF approaching resistance, potential drop!

GBPCHF is approaching our first resistance at 1.3160 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension, short term descending resistance ...

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EURGBP Wave Analysis – 24 July , 2018

EURGBP Wave Analysis – 24 July , 2018

• EURGBP reversed from resistance zone • Likely to fall further EURGBP recently reversed down from the resistance zone lying between the major resistance level 0.8970 (which ...

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Copper Wave Analysis – 24 July , 2018

Copper Wave Analysis – 24 July , 2018

• Copper reversed from support zone • Likely to rise further Copper recently reversed up from the support zone lying between the support level 270.00 (which also stopped the ...

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