Orbex - Forex Trading Library

EURUSD grinds major support The US dollar surged as Credit Suisse's difficulties spurred safe-haven buying. A bearish RSI divergence was a warning sign of a deceleration in the latest rally. The confirmation came in in the shape of an…
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Up until last Friday, both the ECB and the Fed were expected to hike by 50bps. In the case of the ECB, President Lagarde has all but confirmed that a half-point was planned. Where there were doubts was around potential tweaks to the QT…
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In today’s advanced #ElliottWave analysis, Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses #equities, #FXMajors, and #Commodities and discover how he applies EW principles to come up…
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The current AAPL structure suggests the formation of a corrective pattern taking the form of a cycle zigzag a-b-c. Most likely, a complex correction b is formed, taking the form of a primary double zigzag Ⓦ-Ⓧ-Ⓨ. The actionary leg Ⓦ…
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GBPUSD tests resistance The US dollar struggles as data show a slowdown in headline inflation in February. Cable’s recovery above 1.2050 then the double top at 1.2140 has put the pair back on track after a three-month long…
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Just last Friday there was a pretty strong consensus building that the Fed could hike rates by 50bps, and the terminal rate would end up over 5.5%. That has all changed, to the point that there is increasing doubts about whether the Fed…
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There is a high probability that the AUDUSD pair is forming a global correction wave b of the cycle degree. This could soon end in the form of a primary double zigzag Ⓦ-Ⓧ-Ⓨ. Impulse wave (A) and intermediate correction wave (B) as a…
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USDJPY struggles for support The US dollar grinds lower as efforts to avert a banking crisis after the collapse of SVB cut short rate hike expectations. December’s highs around 138.00 have proven to be a tough hurdle to lift. A…
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