Orbex - Forex Trading Library

The USDCNH pair is forming the first part of a primary double zigzag. With the cycle intervening wave x ending, prices rose in wave Ⓦ. The primary wave Ⓦ can take the form of a simple (A)-(B)-(C) zigzag of the intermediate degree. We can…
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GER 30 retests record high Germany’s DAX 30 claws back previous losses as the economic outlook brightens. On the daily timeframe, the latest sideways action has allowed the RSI to drop back to the neutrality area, which is good news…
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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: $EURUSD 00:35 $GBPUSD 02:50​​​​​​​​​​​​ $USDJPY 04:40…
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US telecom giant AT&T is reportedly close to striking a deal that would create a $150bn streaming giant. This deal would bring one of Hollywood's biggest studios and Discovery's channels under the same ownership. Netflix has had…
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It's not surprising that UK employment figures are one of the most tracked data points at the moment. Expectations are for the BOE to be the first of the major banks to draw down their support for the economy after the pandemic. And we…
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DAX Fut. (DE30): Pronto A Rompere I Massimi S2: 14,626     S1: 15,003     R1: 15,587     R2: 15,794 Il DAX Future è stato uno dei più colpiti in Europa durante il sell off di titoli tecnologici della settimana appena conclusa. Ne ha…
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USDCHF drops after bearish cross The US dollar came under renewed pressure after retail sales showed a flatline in April. The latest rebound has struggled to clear 0.9090. An overbought RSI at this key resistance was a warning of…
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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 00:45 $EURUSD 03:20 $USOIL 05:25​​​​​​​​​​​​ $GOLD…
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NAS 100 consolidates as panic selling slows down Tech stocks were among the hardest hit when investors feared the era of cheap money may end sooner than later, and along with it the breakneck rise of growth sectors. However, the…
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