Orbex - Forex Trading Library

One of the largest hurdles coming up to finally achieving herd immunity and putting the covid crisis finally behind us is vaccine hesitancy. Confidence in the vaccines took a heavy blow a couple of months ago with mass media reports of a…
Read More

The current BABA formation suggests the construction of a primary degree zigzag. In November last year, an impulsive wave Ⓐ formed. This was followed by the development of a bearish correction wave Ⓑ. It is likely that the correction…
Read More

USDJPY breaks above critical resistance The US dollar rallies on solid growth and jobless claims data. The pair has found bids in the daily demand zone between 108.30 and 108.60. Repeated tests of the support without breach have…
Read More

USDJPY (USDJPY): Dollaro In Up-Side Contro JPY S2: 108.07     S1: 108.52     R1: 109.43     R2: 109.93 Il Dollaro USA allo stato attuale concretizza un forte recupero nei confronti dello JPY validando, dopo una breve correzione, il…
Read More

Jeff Bezos will officially step down from his role as Amazon’s chief executive on July 5th. After a nearly three-decade run leading him to become one of the richest people in the world, he will now become Amazon's executive chair.…
Read More

On Monday, Deutsche Bank published a comprehensive study surveying answers from over 600 economists and analysts. The survey asked what to expect in the markets for the rest of the year. Of course, the section traders were really…
Read More

In today’s video, our Head of Investment Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset TimeStamps: $DXY 00:30 $USDJPY 04:10 $USOIL 06:40​​​​​​​​​​​​ $NATGAS…
Read More

NZDUSD surges above consolidation range The New Zealand dollar soared after the RBNZ hinted at an interest rate hike next year. Strong momentum above 0.7300 has enabled the kiwi to break free of a six-week-long consolidation. This…
Read More