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forexorbit Updated 

Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday Hour 1 chart DXY is below the 93.50 level and trading within a confined range and its in a consolidation range between 93.35 to 93.50. On breakdown of the either side will decide the next move of the DXY. On overhead 200 EMA and Downward...

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(WTI) USOIL is trading within a range between 39.100 and 40.750 At 40.750 it got rejected twice and started the bearish run It has formed a inverted head and shoulder during the initial days of this month on right side of the inverted right shoulder morning star was formed which caused further buying pressure and reached 40.750 resistance level. The USOIL...

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Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday USDPY is trading in a tight 80 pips range from September 23 to until now and its lacking some major catalyst and its trading within 105.00 to 105.800 range It has broke the upper side of the trend line. We may expect retest around 105.200...

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The GOLD has lost its bullish ground on yesterday as the Economic stimulus talks went in vain and USD got some major bid And gold has reached 1875.00 broadly And its in retracement phase and we are expecting that it might reach the 1896.50 or 1900.00 level and will go bearish as this levels are the strong resistance for the bull SWING TRADE - GOLD Sell @...

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Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday EURUSD+DXY correlation and the impact of Economic stimulus packages in USA During the great recession in America the President Mr. George W. Bush government geared up to manage the recession and planned a economic stimulus package which is...

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Good day friends..Give us a thumbs up if you like our idea.Follow my profile to get new ideas and trade setups everyday OIL Due to the weaker demand in the Global market Oil felled towards the 36.12 which is the September low and then its formed a triangle pattern and went bullish up to 41.43 and traded in a range from September 17 to October 01 and again...

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RIPPLE XRPUSD is currently trading above the 50% Fibonacci level and 61.8% Fibonacci is acting as resistance for the bull.And started trading in a tight range. 0% Fibonacci level give a strong support for the bull market. Buying after the broke and retest on the upper side of the range will give us a good risk ratio. Stop lose may place below the 38.2% Fibonacci...

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NZDJPY After peaking the September month high around 72.00 which is a key psychological level its felled towards 68.640 which is a low volume area and find some buyers and making series of Higher high higher low patterns. From Sep-09 to Sep-18 it was trading in a range and felled below the range. I have marked some levels are acting as accumulation and...

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SWING trade of the day - EURAUD Entry point @ 1.63450 Take profit @ 1.65800 Stop lose @ 1.62800 90 PIPS target Do not risk more than 1% of Your capital

02:29

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The brexit headlines will largely influence the next movements in GBPUSD as its currently trading like a zig zag movement HOUR-1 Bullish flag,upward pressure HOUR-4 200 EMA acting as resistance,Downward pressure DAILY 200 EMA acting as support for the bull,Upside pressure WEEKLY Indecision between buyers and sellers.

02:04

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EURUSD Multi time frame analysis. In Hourly,four hourly,daily,weekly charts In hourly chart it shows us a short term bullish run. And in $ hour chart its in downtrend and In day chart its trading in a range.In weekly chart its traded within a bearish engulfed candle and may fall to the 1.15000 If you found useful give us a like and leave your opinion in the...

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NASDAQ After the massive rally by the market hopes and optimism about the healthy markets. During the starting of this month NASDAQ bleed massively as the sell of happens quickly.As its takes only 19 days to reach the current lower level which is 10660.00 But its take around two month to reach the points as felled in recent day We can expect rebound from the...

04:12

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Here is the multiple time frame analysis of BITCOIN in Hourly four hourly daily weekly time frames. If found useful. Give a like and share with your friends. If you have any opinion tell us in comment section

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USDJPY Because of the negative risk sentiment YEN crosses are catching major bid against major pairs. As the United states of America president Mr. Donald Trump has tested positive of COVID-19 which is triggered the panic across the board and investors flight in to the safety. After the Mr. President tweet USDJPY felled almost 60 pips and the price is just under...

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EURUSD Has managed to run bullish for the 5 straight days from September 25 to October 01. September 22 high which is 1.1744 is acting as a swing area and holding as a support for the bear The downward parallel channel was broken and retest on September 25 makes this pair to run towards 1.17400. And the upward parallel channel also broken and price fell...

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BITCOIN After the market halve BITCOIN managed to gain back some of the earlier loses and reached towards 124000.00 level and felled towards 98100.00 as a short term correction. We can see that at 12400.00 level series of rejection happened which is halted the bullish rally happened since starting of the march. During the 2020 first quarter it has lost almost 60%...

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ETHUSD Crypto and currency pairs are having the tendency to repeats its previous cycle. As its formed a nice wedge pattern and dropped almost 20% of its value from the key psychological level and dropped towards 313.00 level And now we can see the same kind of rising wedge pattern is forming relatively smaller than previously formed. and its broke the lower side...

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DXY As we updated earlier DXY finds support near 93.75 and got some upward pressure and reached 94.75 key level Got rejection at 94.75 level and again felled towards 93.75 and finds support around this level We can expect the price will reach around 95.00 which is a key psychological level