Orbex - Forex Trading Library

Tomorrow we get more of the first pivotal economic figures of the first month of the Biden Presidency. Candidate Biden promised to end the pandemic, not the economy. Of course, it's too early to see the full effect of policy changes. But…
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The NASDAQ structure shows the formation of a bullish trend consisting of primary sub-waves ①-②-③-④-⑤. At the end of 2020, a horizontal corrective wave ④ began. This took the form of a contracting (A)-(B)-(C)-(D)-(E) triangle of the…
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EURUSD tumbles in falling channel The US dollar continues to push forward as prospects of a strong US recovery take root. After conceding the intermediate support of 1.1950, the euro came under renewed pressure and is now sliding…
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Trading in financial markets typically conjures up an image of men in suits. But it's 2021 and it's Women's day, and it's time we looked past the Wolf of Wall Street stereotypes that have been outdated for decades. So, on this…
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Two weeks ago, The Bureau of Investigative Journalism (BIJ) published an explosive article in which they accused Pfizer of holding Latin American countries to ransom over the coronavirus vaccine. The allegations were pretty harsh, but…
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BAC Hits new 2021 Highs Shares in Bank of America have enjoyed a solid rally this year. This marks a firm recovery from the February lows around the 30 level to trade up to current highs around 37. The rally was kicked off by a solid…
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The 1H timeframe for AAPL shows the final part of a major bullish impulse of the primary degree. We see that since September 2020, the market has been forming a horizontal correction ④. This is a double three (W)-(X)-(Y) of the…
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