Orbex - Forex Trading Library

EURUSD tests resistance The euro claws back losses as traders price in the likelihood of a large-sized rate hike by the ECB. The single currency has been struggling to hold onto the parity threshold. A whipsaw around 1.0080 suggested…
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Thursday is expected to be one of the most active days of the week, with a host of economic data expected through the day. What could be the broadest reach in the forex market is the latest PMI figures from around the globe. With the world…
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XAGUSD seems to be forming a correction wave b of the cycle degree, which is a primary triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The first four parts of it have ended and now we see the construction of the final wave Ⓩ. Most likely, the wave Ⓩ will…
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Get ready to trade the NFP LIVE with a seasoned analyst!  Our resident market strategist David Kindley will be going live to give you exclusive insights into this month’s non-farm payrolls data release.  Last month, non-farm payrolls…
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The 1H timeframe of the DXY index suggests the completion of a global corrective trend. This has taken the form of a triple zigzag consisting of five cycle waves w-x-y-x-z. Therefore, the formation of the initial part of a new…
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