2018

We still holding same view over USDJPY as we see over our previous chart USDJPY managed to sustain drop movement breaking support after nother while market still facing support zone 111.30-60 and 110.80 As long as market holding above…
Read More

GBPUSD managed to print above 1.3220 which may provide farther advance signals on the market The Intraday levels showing first support at 1.3170-80 where as long as market holding above the advance wave may threaten resistance 1.3300…
Read More

Euro still holding below first resistance 1.1610 where as long as market holding below the downtrend pressure may back any time However, Intraday start to show a chance for uptrend wave as long as market holding above 1.560 where market…
Read More

Selling into rallies offer decent risk/reward. It should be noted that the projected 261.8% extension of 106.87 (from 111.54-111.6) is located close to the aforementioned monthly trend line support.
Read More

Daily Forex Market Preview, 16/10/2018 Data from the Eurozone was quiet during the day. The NY session saw the release of the retail sales report. Headline retail sales rose just 0.1% on the month. This was below the estimates of 0.7% and…
Read More

President Donald Trump, on Tuesday last week once again expressed his displeasure with the Federal Reserve. In an interview last week, Trump said that the Fed is hiking interest rates too fast. At the same time, the President said that…
Read More

Elliott Wave Analysis & Performance Elliott Wave as a technical analysis method has been proven to be quite effective during the 3rd quarter of 2018, and Orbex traders were constantly updated on the market’s turns or probabilities.…
Read More

Once you've got your trading plan in place, it's time to put it in practice. This is the fun part that got you interested in trading in the first place, so you've likely already put a lot of thought into it. However, there are some ideas…
Read More

Daily Forex Market Preview, 15/10/2018 The U.S. Dollar index managed to post recovery as price action turned slightly bullish on Friday. However, the price was contained within Thursday's range. The German final inflation report showed…
Read More