Orbex - Forex Trading Library

The International Monetary Fund was originally set up to help re-establish international money transfers in the aftermath of WWII. Generally, it acts as a lender for countries to balance their current account. It also maintains liquidity…
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Shares in Deutsche Bank are trading a little higher pre-market on Wednesday as the bank extends its recent rally from the mid 7s in September to current highs above 11. The rally is helped by the broad pickup in risk appetite over recent…
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The 1hr timeframe of the DXY index shows the final of the cycle degree correction b. This takes the form of a Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ triple zigzag of the primary degree. The final wave Ⓩ is an intermediate (A)-(B)-(C) zigzag. Where wave (A) is an…
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CADJPY has witnessed indecisive movement since June’s attempted pandemic recovery. Levels almost reached $82 as the choppy market went into full swing. Another two peaks during this period had led prices to the mid-$78 region, with the…
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APPLE(APPL.OQ): Pattern Rialzista Per Apple S2: 111.28     S1: 113.22     R1: 116.48     R2: 117.8 Apple è visto in fase di consolidamento secondo un imponente modello triagolare, ma le implicazioni tecniche assunte depongono a…
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Greenback Unable to Hang On The US index retraced its recent gains as it closed 0.42% lower yesterday. Sentiment shifted on the back of consumer confidence falling more than expected in November. This came amid a widespread resurgence…
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The precious metal is seeing another down day in the markets. The risk-on sentiment in the market is pushing the safe-haven asset lower. Gold prices lost close to $33 on Monday and the declines continue on Tuesday as well. Price action…
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Oil prices are bullish as investors digest the third successful Coronavirus vaccine trials. In hopes of travel opening up again soon and the re-opening of economies, oil prices caught a bid. Price action is up over 5% intraday on…
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The British pound sterling is failing to make further gains after clearing the 1.3300 level. Price action continues to pullback as the GBPUSD is firmly testing the 1.3300 level for support. As long as the support holds, the GBPUSD is…
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The euro currency managed to recover from the declines on Monday. Price action made a quick recovery after testing the lower support near 1.1800. However, the upside gains are stalling near the trend line. This could keep price action…
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