Orbex - Forex Trading Library

In the long term, the formation of the NZDUSD currency pair hints at a cycle zigzag pattern that consists of three main sub-waves a-b-c. On the current chart, we see the second half of a major correction wave b of the cycle degree.…
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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. Following the disappointing…
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USDJPY bounces off daily support The US dollar jumps as traders seek safe haven assets over the Russia-Ukraine conflict. The pair struggled for bids after it turned away from the double top (116.20) and has been grinding down a…
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The current formation of the GBPUSD currency pair suggests the development of a large intervening wave x of the cycle degree. This most likely takes the form of a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ of the primary degree. The first four primary…
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Traders got to their desks this morning with reports of Russia launching a full-scale invasion of Ukraine. A video showing shelling in different points of the country, including Kyiv, surfaced. But the situation is still fluid and…
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USOIL continues to climb WTI crude surged after Russia launched a military operation in eastern Ukraine. The latest market jitters met support over 90.70 which sits next to the 20-day moving average. Sentiment would stay optimistic…
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Tomorrow we get the first look at US GDP numbers for the last quarter and the full year. The consensus is that there was a significant acceleration in the economy in the last three months. That included the period of omicron's first…
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The internal structure of the EURUSD pair suggests the construction of a downward correction pattern. This takes the form of a triple zigzag of the primary degree with sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. It seems that the bearish primary wave Ⓨ has…
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