Orbex - Forex Trading Library

The EU’s quarterly GDP showed a print of 0.1% in January, missing expectations by 10 basis points. The contraction indicated that the eurozone’s economy grew at a weaker pace than anticipated. In fact, growth fell to its lowest level…
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The current NZDUSD structure shows a bearish correction that was triggered at the cycle degree intervening wave x, near 0.6756. The impulsive downside move, suggests that this is an impeding zigzag, consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ.…
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NZD traders, like their close cousins in Australia, might have to deal with something of a paradox over the next month when it comes to analyzing fundamental data. While the economic situation improves, the data reports might be showing…
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USDJPY (USDJPY): Sui Minimi Di Medio Periodo S2: 104.17     S1: 104.76     R1: 106.14     R2: 107.53 Cronica debolezza del Dollaro USA nei confronti della valuta nipponica, che dopo una timida reazione proposta in area 107, ha…
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EURAUD Shoots Above 10-year High The euro has enjoyed a stellar rise against most major counterparts thanks to a combination of fundamental catalysts and technical breakout. The single currency has been sought after as the fallout from the…
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EURUSD Gains Look to Be Overdone The euro retreats after testing a session high of 1.1354 on Friday, marking a rally to a one-year high. Prices are consolidating near the 1.1300 region at the moment. A close below this level could signal a…
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Standard and Inverse Head & Shoulders are two sides of the same coin and are the exact opposite of each other. That said, both signal the end of a directional move and hint at a reversal. A standard Head & Shoulders is always…
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Two weeks ago, we got the preliminary reading of Japan's Q4 GDP which widely disappointed economist expectations. The market, however, barely budged. The precipitous drop in Japan's economic growth was baked into the cake and was easy to…
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