Orbex - Forex Trading Library

The meeting minutes from the December 11th monetary policy meeting will be released today by the Federal Reserve bank. The Federal Reserve Bank kept interest rates steady in December at 1.50% - 1.75%. Investors will be looking to today’s…
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The markets opened with a bang on the first trading day of the year. US equity indices followed their global counterparts. The gains came after President Trump said that he would be signing a trade deal with China on the 15th of January.…
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The current structure on USDCNH Analysis points to a leading diagonal. The bearish pattern consists of cycle waves I-II-III-IV and V. At the time of writing, all primary waves but ⑤ have been completed their course successfully. The…
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Forex is by far the largest financial market out there. It outstrips the stock market by a couple of orders of magnitude. Of course, banks are not going to stay on the sidelines of such a large amount of money. In fact, Forex is largely…
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The last trading day of the year marked a rough month for the dollar on the back of technical and risk appetite factors above than anything else. Christmas trading has been typically soft throughout the years, but that was not the case…
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Equity markets were posting declines for the second consecutive session, following up from Friday’s bearish close. Economic data remains sparse amid talks that the United States and China are close to inking the Phase one of the trade deal.…
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The current GBPJPY structure hints to a primary bullish impulse Ⓐ that was completed near the 148 round level. What follows seem to have taken a bearish formation consisting of corrective sub-waves (A), (B), and (C). Wave (A) of the…
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Asian markets are set to finish the year with a bit of a bang. We have some especially interesting data coming out on the last day of the year. Chinese PMI data is expected to get extra attention. This is because it's the first economic…
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The monthly consumer confidence index report for December will be coming out today from the Conference Board. Today’s report will mark the US economic performance for the final month of the year 2019. Economists are hopeful that the…
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