Orbex Forex Trading Blog

Which Way for the Greenback?

The recent moves on the US dollar have seen yearly lows indicating concerns for an economic rebound. With growing pandemic figures, civil unrest, Fed decisions and a new President sworn into the White House next week, will any…

New Highs For J&J On Vaccine News

Promising COVID Results Shares in US pharmaceutical company Johnson & Johnson are trading higher pre-market on Friday. This comes following further positive news on its COVID vaccine this week which saw the company’s shares gap higher…

NDAQ Final Impulse To 160.08

NDAQ seems to be forming a bullish impulse consisting of primary sub-waves ①-②-③-④-⑤. Horizontal correction wave ④ has ended as a contracted intermediate triangle. Wave ⑤ is a potential new bullish impulse, and it has completed…

AUDNZD Looks for Golden Test

AUDNZD has witnessed a smooth rebound from the beginning of December’s lows. The ascension has seen the currency pair break through the Ichimoku indicator as another attempt at yearly highs unfolds. The next test now would be 61.8% of…

Twitter Lower Following Trump Ban

Twitter Down Pre-Market Shares in US social media giant Twitter are trading lower pre-market on Thursday as the company’s stock price continues to correct lower from the recent highs posted above 55 where it ran into a long-term resistance…

IBM Higher on Acquisition News

Shares in IBM are trading in the green ahead of the US open on Wednesday. The company’s stock price has been enjoying a firm rally over recent months, trading up from the mid 105 October lows to highs of above 130 as of last week. Though…