Orbex - Forex Trading Library

GBPUSD seems to be correcting into a cycle wave w under a primary degree triple zigzag. With the first four parts of the triple zigzag already formed, the last wave is under development in primary wave Ⓩ . The structure in wave Ⓩ hints…
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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 are as follows: EURUSD 00:30​​​​​​​​​​ GBPUSD 02:30​​ USDJPY…
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USDCHF faces strong resistance The US dollar struggled to bounce back after the US labor market showed inconsistencies. Despite a week-long consolidation above 0.9075, the bearish momentum was a reminder that sellers are still in…
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The markets were quite shocked with the results of NFP on Friday. But as we suggested as early as last Tuesday, there was reason to expect disappointment. This has led some analysts to start to revise their outlook for growth in the US.…
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Hilton​ Worldwide posted Q1​ results below estimates, blaming tighter travel curbs in parts of Europe​ and Asia​ which are hurting bookings. Analysts expect hotels to rebound strongly in the second half of 2021​ but remain reserved about…
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USOIL is forming a major impulse of a cycle degree, which has recently completed the horizontal correction IV. Correction IV took the pattern of a contracting Ⓐ-Ⓑ-Ⓒ-Ⓓ-Ⓔ triangle of the primary degree. Then the price started to rise in a…
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DAX Fut. (DE30): Con Fatica Ma Torna Sui Massimi S2: 15,098     S1: 15,199     R1: 15,290     R2: 15,363 Il DAX Future si ripropone brillantemente al rialzo, tentando il riattacco ai massimi assoluti, visti circa 100 punti sopra gli…
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GER 30 tests previous record high The DAX has recouped recent losses as risk sentiment made its way back in the market. By clearing the previous crash point at 15270 the price action has confirmed the bullish MA cross. The index…
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In today’s video, our Head of Investment Research Stavros Tousios dives into the top opportunities the markets have in store for us. Asset TimeStamps are as follows: DXY 01:10​​ EURUSD 03:25​​​​​​​​​​ GBPUSD 07:00​ USOIL…
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Even a casual look at the quarterly reports that have been coming out during the latest earnings season shows that inflation is looming. Many companies report that they are seeing increasing prices from their suppliers, and are actively…
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