Orbex - Forex Trading Library

The current structure of the EURUSD pair assumes the construction of a cycle double zigzag that consists of sub-waves w-x-y. On the 1H timeframe, we can notice the second half of the bearish cycle degree. This takes a complex formation…
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XAUUSD tests trendline Gold continues on its way up as investors seek to hedge against inflationary pressures. The rally picked up steam after a break above the triple top at 1833. Price action is grinding up along a rising trendline.…
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The current XAUUSD formation suggests that the market has completed the construction of a cycle intervening wave x. It took the form of a primary double zigzag. This is marked with three green sub-waves Ⓦ-Ⓧ-Ⓨ. In the upcoming trading…
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Up until recently, employment data was one of the key drivers of expectations around fiscal policy. Even though that's not so much the case anymore, jobs numbers are still a major influence on the markets, particularly going into the end of…
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S&P500 Fut. (US500): Scala I Rialzi Con Il Minimo Sforzo S2: 4,344 S1: 4,550 R1: 4,700 R2: 4,800 L'S&P 500 future ha registrato un lieve rialzo in apertura di ottava, validando nuovi massimi storici, per poi arretrare in…
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USDJPY hits temporary resistance The Japanese yen pulled back after a larger-than-expected GDP contraction in Q3. The US dollar is looking to hold onto its gains after a rally above 114.00. Sentiment has recovered and a surge above…
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EURUSD tumbles as US inflation hits 30-year high The US dollar skyrocketed across the board after hot inflation raised bets on rate hikes. US consumer prices jumped by 6.2% in October on a yearly basis. That's the biggest surge since…
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