Orbex - Forex Trading Library

SPX 500 halts on news of tax hike After flirting with a new record high at 4200 the rally may have hit a roadblock after news of US tax rises. In a historic move to revamp the fiscal policy, US President Joe Biden will propose to…
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Many analysts and public officials are billing the second quarter this year as the "time for recovery". Expectations are for key economies to reach the number of vaccinations required to finally be able to reopen the economy for good…
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On the 1H timeframe, the USDCNH pair has completed the cycle intervening wave x. Following this, the construction of the initial part of the final cycle wave z began. Wave z could have a complex double or triple zigzag formation. The…
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GBPAUD tumbles from supply zone The pound slipped after the EU said there is 'no pressure' to rush a financial services deal with the UK. The pair has come under pressure at the supply area near 1.8080. After surging into an…
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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 01:20​​​​​ GBPUSD 04:40​​​​ USOIL…
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Senators​ have questioned Apple​ and Google​ over anti-competitive behavior related to their app stores. Representatives from companies that offer similar products to them also accused the two tech firms of charging exorbitant fees and…
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Earlier this week, the total number of new reported covid cases reached an all-time high as the world faced a third wave. Since then, there has been a slight drawback in the number of cases. But, it is of course, way too early to know if…
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USDCAD breaks out of range The Canadian dollar surged after the BoC announced a reduction of its asset purchasing program. After a month-long consolidation, the loonie may have finally found momentum to break free. The sell-off…
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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 01:20​​​​ GBPUSD 04:40​​​ USOIL…
Read More