2018

Summary: RBA leaves interest rates unchanged at 1.50% Central bank expects wage pressures to build over time Unemployment rate expected to fall further leading to higher wage growth RBA expects GDP to grow at a faster pace in…
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USD/CAD Elliott Wave Structure is possibly revealing a Flat Pattern which seems to align with the Fibonacci measurements approximately around the 1.310 Level. The big picture points towards the fact that USD/CAD has started a larger…
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Daily Forex Market Preview, 15/03/2018 The uncertainty in the USD continued to linger as the first quarter GDP projections were revised lower following a weak retail sales report. Headline retail sales fell 0.1% in February marking a…
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Daily Forex Market Preview, 15/03/2018 The uncertainty in the USD continued to linger as the first quarter GDP projections were revised lower following a weak retail sales report. Headline retail sales fell 0.1% in February marking a…
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Daily Forex Market Preview, 15/03/2018 The uncertainty in the USD continued to linger as the first quarter GDP projections were revised lower following a weak retail sales report. Headline retail sales fell 0.1% in February marking a…
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Orbex would like to introduce our first Elliott Wave analysis where our resident analyst looks at the current WTI cycle. The WTI (Crude Oil) cycle and current Wave Count is indicating that the up-side movement may not be over yet, and…
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Dow managed to sustain drop toward target 25050-100 zone while managed to hit below this level on the shake of Donal Trump firing secretary of state As we see over the chart, the uptrend line showing suport zone at 24830-900 zone where…
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Gold managed to hold our trading zone between 1314 and 1341 as we advised in the last 2 weeks Gold managed to print above 1326 resistance which indicate ability for another try to re-test 1340-43 zone Below 1314 the chance for farther…
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As we advised early this week and as we see over our previous chart Crude Oil seems still holding trades below downtrend line as we see over the chart where resistance laying at 62.60-70 zone As long as market holding below 62.70…
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As we advised early this week and as we see over our previous chart USDJPY managed to hold support 106.30 where market managed to head for farther advance to test resistance 107.20-30 as we advised before Market still showing ability…
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