Orbex - Forex Trading Library

EURUSD seeks support The US dollar advanced after the Philadelphia Fed President commented in favor of tapering this year. The single currency has not looked back after it turned away from the daily resistance at 1.1920. The bulls'…
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NZDUSD has seen the formation of an intervening wave x of a cycle degree. Wave x is a double zigzag consisting of primary sub-waves, the last part of which is an intermediate double zigzag (W)-(X)-(Y). After impulse wave (1) ended, the…
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The main takeaway from the last BOE meeting is that they are primarily preoccupied with the employment situation. Inflation in Britain is near the central bank's target, so they are not particularly apprehensive about it in the short…
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DAX Fut. (DE30): Debole Ma Non Troppo S2: 15,159 S1: 15,380 R1: 15,890 R2: 16,179 Chiusura di settimana in controllato ribasso per il DAX future, che non riesce a sopravanzare i massimi assoluti segnati lo scorso 13 agosto a 16,024.…
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GER 30 tests key support The stock markets recover as a discussion between Biden and Xi raises hopes of a thaw in US-China relations. The Dax 30 has found buying interest on the daily support (15450). A bullish RSI divergence…
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September has always been a month where things begin to heat up again following the quieter months of summer vacation. Moreover, October has a bad reputation for crashes. So it's somewhat of an obligation to warn market participants of…
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GBPUSD hit by fiscal pressure The sterling slowly recovers after the UK government's decision to raise taxes. Britain's budget deficit has hit a peacetime high due to pandemic-related spending. Prime Minister Boris Johnson…
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