Orbex - Forex Trading Library

The GBPUSD formation hints to a bullish triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The primary degree pattern is part of a triangle wave e. At the time of writing, the first four waves are fully complete. The last wave Ⓩ is only half the way through.…
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When considering commodity currencies, we tend to focus on exports as they typically have the largest impact on currency fluctuations. However, we are in unusual circumstances. For now, currency moves driven by monetary policy are…
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IBM Higher Ahead of The Open Shares in electronics manufacturer IBM are trading 5.55% higher pre-market on Tuesday following the company’s Q2 earnings report, released last night. Expectations were geared rather low as a result of the…
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Alibaba (BABA) price soared to fresh all-time highs of $268 per share on July 09, following a break of the upper regression. The stock has been on an upward trend since the $120-$58 pullback that was recorded between Nov '14 and Feb '16…
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Dollar Weak As Trump Argues Unemployment Benefits Renewal The dollar lost 0.25% on Monday against majors on increased risk appetite. Positive headlines around the EU’s recovery fund and the UK-Pfizer vaccination deal supported the…
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