Orbex - Forex Trading Library

The XAUUSD formation suggests that the current intermediate correction wave (4), is a triple zigzag consisting of minor sub-waves W-X-Y-X-Z. The second intervening wave X has ended, and the final minor wave Z looks almost complete. The…
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Fed Chairman Jerome Powell will give a series of speeches before the US Congress over the next couple of days. They come at a particularly crucial moment, as lawmakers are coming down to the wire in an attempt to prevent a government…
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EURUSD tests major support The US dollar found support from better-than-expected durable goods orders. The pair gave up all its gains from the rally in late August. This indicates an erosion in the bullish sentiment. The euro’s…
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As anticipated, the German federal election results came in with a narrow plurality for the center-left SDP party. This is the closest result in history, suggesting that it will be the most difficult coalition negotiation as well. Some…
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DAX Fut. (DE30): Rimbalzo Sui Supporti Di Breve S2: 14,665 S1: 15,083 R1: 15,834 R2: 16,167 Chiusura di settimana in buon recupero per il DAX future, che non riesce però a sopravanzare la resistenza tecnica vista a 15,800. Nessuna…
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GER 40 hits tough resistance European markets struggle as embattled property giant Evergrande faces more coupon payments this week. The Dax 40’s tentative break below the major support at 15050 weighs on traders’ risk appetite.…
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