February 7, 2020 – Forex Alchemy

forex guide

With all the news focused on the coronavirus outbreak, the underlying economic data from China has been slipping a bit under the radar. Early on…

Posted On 07 Feb 2020
, By Orbex

USD Strong Ahead of NFPs The US dollar ends the week firmly higher as recent upside data surprises have helped keep sentiment positive. Trump’s…

Posted On 07 Feb 2020
, By Orbex

Gold It’s been another volatile session for gold prices this week. Following a gap higher at the start of the week, gold prices underwent a sharp…

Posted On 07 Feb 2020
, By Orbex

Chinese authorities cut tariffs on more than $75 billion worth of goods made in the United States. The announcement comes as part of the trade…

Posted On 07 Feb 2020
, By Orbex

GBP/JPY hit 142.82. It broke below short-term important support at 142.20 which indicates more downside pressure in wave c of iv towards the…

Posted On 07 Feb 2020

We continue to look for a clear break below minor support at 120.63 and more importantly a break below support at 120.43 to confirm wave v of 2…

Posted On 07 Feb 2020
, By InstaForex

Today’s high (HOD) and low (LOD) from the flout range usually form at STDV 2-STDV 4 in the normal condition market but sometimes can reach…

Posted On 07 Feb 2020
, By InstaForex

To open long positions on GBPUSD, you need: Yesterday, buyers of the pound did not manage to stay above the lows of the previous day, which…

Posted On 07 Feb 2020
, By InstaForex

To open long positions on EURUSD, you need: Yesterday, the bulls failed to hold the support at 1.0993, but a larger surge in volume was noted at…

Posted On 07 Feb 2020
, By InstaForex

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