Orbex - Forex Trading Library

The current Alibaba structure shows a 5-wave impulse. The final leg of a cycle consists of intermediate sub-waves ①-②-③-④-⑤. Intermediate wave (5) will complete the primary impulse wave ③ near 357.99. At that level, wave ③ will be…
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Following a weaker-than-expected Q2 earnings report, Goldman Sachs came back with a vengeance in Q3. The iconic US investment bank posted third-quarter earnings per share of $9.68. The figure obliterated estimates for a $5.54 EPS.…
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Of all the major countries, China is likely to be the only one to register positive GDP growth this year. Even though many nations are revising upwards their projections, they are still broadly in the negative. Coming up we have a first…
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For the best part of two years, silver was trading in a descending channel until the recent risk-off sentiment buoyed the metal market. Prices then rose to yearly highs, breaking clear of all resistance handles and leading to a top at…
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NATURAL GAS (NGAS): Target Atteso Su Nuovi Massimi S2: 2.558     S1: 2.666     R1: 2.856     R2: 2.938 Come si scriveva nel report precedente, le quotazioni del Natural Gas hanno testato una importante resistenza stimata in area…
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Reality Hits Jobless Claims The dollar index rose by 0.41% yesterday as the fragile risk sentiment in the global markets continue to support the greenback. This came despite an unexpected rise in the weekly jobless claims yesterday,…
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The precious metal is seen trading flat on Thursday, following the modest gains made a day before. Still, price action remains within the confines of Tuesday's high and low. A breakout from this minor range could trigger further gains…
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Crude oil prices flipped as the commodity erased the gains made on Wednesday. The lower high in price action is also potentially building the downside bias. For the moment, oil prices remain within the 41.00 and 38.83 levels.…
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The British pound sterling pared gains as price action has been bearish for the most part on Thursday. This follows the failure to post gains after rising above the 1.3000 handle. The reversal puts the GBPUSD back near Wednesday's lows.…
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