Orbex - Forex Trading Library

In the long term, the DXY is forming a bearish impulse consisting of five cycle sub-waves. The chart shows the final part of the deep correction wave IV, which takes the form of a primary double zigzag Ⓦ-Ⓧ-Ⓨ. The primary wave Ⓨ is…
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After the unexpectedly disappointing results in jobs creation reported on Friday, there is a lot more interest in the FOMC minutes' release tomorrow. What the markets are looking at now is when the taper will happen. After the last…
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USDJPY climbs to 3-year high The yen plunges as low Japanese bond rates reflect the divergence in monetary policies. A close above the pre-pandemic peak around 112.10 has triggered a runaway rally. A bullish MA cross indicates an…
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A consensus seems to be forming that the BOE could raise rates as early as this year. This expectation would weigh on UK stocks, but could substantially support the pound. A good part of this has to do with the shift in rhetoric from the…
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DAX Fut. (DE30): Flessione Al Limite Dell’Inversione S2: 14,521 S1: 14,817 R1: 15,554 R2: 15,995 Il DAX future recupera l’importante livello a 15,200 in chiusura di settimana, dopo aver proposto un minimo in area 14,700, seguito…
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USDCAD falls through critical floor The US dollar tumbled after weaker-than-expected nonfarm payrolls in September. The pair has struggled to bounce back over the past few weeks. The break below 1.2500, a major demand zone on the…
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