Orbex - Forex Trading Library

The USDCHF pair shows the actionary wave y of the cycle degree ended and then the cycle intervening wave x emerged. Judging by the internal structure, the cycle intervening wave x can take the form of a primary triple zigzag…
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EURUSD bounces off support The US dollar retreats as the Fed's half-point hike in March remains uncertain. The euro’s break above the daily resistance at 1.1480 boosted buyers’ confidence after a sell-off in January. It bounced off…
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Tomorrow we have what is likely to be the biggest event for the markets this week. The Fed will release the minutes of their last meeting. With all the expectations over what the Fed will do at its next meeting, there will be a lot of…
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Calling all beginner Forex traders! We’ve put together a comprehensive webinar dedicated to teaching you how to trade the financial markets! Next Monday, February 21st  at 6 pm GMT, our seasoned market expert David Kindley will be going…
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The current DXY structure suggests the development of a large triple zigzag consisting of cycle degree waves w-x-y-x-z. Cycle actionary wave z is under construction at the time of writing. The internal structure of this wave hints at…
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USDJPY hits double top The US dollar recovers as hot CPI fuels bets of a 50 basis points hike in March. The rally came to a halt at January’s high (116.35). Profit-taking compounded by new selling triggered a liquidation below…
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Over the next couple of days, we have some key data out of the UK which could shake up the markets and drive cable into a new direction. As usual, we get a bunch of data just before the start of the trading session. But there are two…
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