Orbex - Forex Trading Library

In the long term, BABA seems to be forming a cycle impulse, the fifth wave of which takes the form of an ending diagonal of the primary degree. We can see a part of this diagonal on the 1H timeframe. Corrective wave ④ is under…
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Of the major central banks, the BOE is generally seen as the most likely to begin the process of rate "normalization". That means the start of the dreaded taper. And there is an increasing number of analysts who suggest it could start at…
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NAS 100 tumbles after exhaustion Tech stocks slip as investors’ bet on a US recovery favors traditional sectors in their asset rotation. The recent peak above 14000 could lead to a pullback as investors may think twice before…
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NATURAL GAS (NGAS): Fase Di Consolidamento S2: 2.61     S1: 2.76     R1: 3.03    R2: 3.14 Dopo aver segnato massimi relativi in area 3.30 lo scorso febbraio, le quotazioni del Natural Gas hanno delineato una trama correttiva giunta…
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The formation of the EURUSD currency pair shows the construction of a bearish correction ④ of the primary degree, which is part of a large bullish impulse. This correction hints at an intermediate triple zigzag (W)-(X)-(Y)-(X)-(Z), where…
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Tomorrow we get the near-simultaneous release of both the Markit and ISM Services PMI survey results. As we all know, a lot of market outlook hinges on businesses seeing increased demand for their products and services. But, aside from…
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XAUUSD surges past supply zone Gold found bids after the China Gold Association said the country’s gold consumption surged 93.9% yoy in the first quarter. The price action has come under selling pressure around the psychological level…
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Once again, the RBA is expected to stay put with its policy. All analysts agree that there won't be a change in the rate or asset purchase program. This means that all attention is on the monetary policy statement and the press conference.…
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Similar to recently, we can see the formation of a large triple zigzag of the cycle degree. Since the beginning of April 2021, after the completion of the second intervening wave x, we have seen a decline in the price. Perhaps the…
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CISCO(CSCO.OQ): Trading Range Di Consolidamento S2: 49.65     S1: 50.23     R1: 52.85     R2: 53.81 Il trend di CISCO è visto sempre in fase rialzista, ma sul breve periodo le quotazioni, dopo aver fulcrato un controllato re-coil…
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