Orbex - Forex Trading Library

SPX500 seems to be forming a bullish impulse that consists of primary sub-waves ①-②-③-④-⑤. At the time of writing, primary wave ③ is under development. This wave is a 5-wave impulse, containing intermediate sub-waves (1)-(2)-(3)-(4)-(5).…
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NATURAL GAS (NGAS): Centrato Il Target S2: 4.04 S1: 4.38 R1: 4,89 R2: 5.06 Le quotazioni del Natural Gas hanno perfettamente centrato il target, definito nei report precedenti, in forza di un esteso modello grafico perdurante dallo…
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AUDUSD seeks support The Australian dollar turned south after the RBA signaled an extension of its QE program. The pair’s rapid rise above the daily resistance (0.7400) has pushed sellers to the exit. However, the RSI’s repeated…
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Tomorrow could be a pretty active day for CAD pairs. This is due to the simultaneous release of two key macro events. There is a relatively firm consensus on what the BOC will agree to at their meeting. Therefore, there is less of a…
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USDCHF awaits breakout The US dollar recovers thanks to firm US Treasury yields at the start of the week. The pair is still stuck in a horizontal consolidation between 0.9100 and 0.9190. Sentiment has leaned to the upside after a…
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We can expect an important reaction in the Aussie dollar and the ASX no matter what happens at tomorrow's RBA meeting. That said, economists and analysts are pretty divided on their expectations for what the Reserve Bank will do. Without…
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