Orbex - Forex Trading Library

This is actually a bit of a tricky question, surprisingly enough. CFD traders don’t have their earnings publicly available like many government employees, so it’s not like you can look it up easily. Also, it’s not like traders even have…
Read More

The markets continue to whipsaw ahead of today’s payrolls report. This comes after the private payrolls, as reported by ADP hit a six month low. Private firms added just 67k jobs in November, falling well below estimates. The dollar remains…
Read More

The penultimate payrolls report for the year 2019 is due to come out later today. The report will be closely watched with economists forecasting that payrolls will rise 183,000 for the month of November. Elsewhere, the unemployment rate…
Read More

The current formation on NZDUSD shows a cycle degree intervening wave x, as part of a triple combo wave. At the time of writing, we can notice that wave x could be a bullish double zigzag consisting of primary sub-waves Ⓦ-Ⓧ and Ⓨ. With Ⓦ…
Read More

Let's put it this way: Trading with CFDs can be safe. However, for a lot of people, the appeal is precisely the risks associated with it. Maybe skiing would be a good analogy. Is skiing safe? Well, are you in a well-maintained easy route,…
Read More

Equity markets continued to whipsaw. The equity index recovered from Tuesday's losses. This comes as news sources cite that the US and China were moving closer to an agreement. President Trump was also seen confirming that the trade talks…
Read More

GBPJPY seems to be nearing the end of an intermediate bullish impulse wave (A) consisting of minor sub-waves 1-2-3-4 and 5. The first four parts of the impulse look complete, whereas wave 5 is under development. A closer look at the…
Read More

Having a good understanding of the change in exchange rates is a basic aspect of Forex. After all, that's how traders make money! There are a lot of factors that go into determining exchange rate changes. And it's always good to review…
Read More

The Institute of Supply Management (ISM) will be releasing the monthly non-manufacturing or service sector PMI for November today. Considered to be one of the high impact items, investors will be keeping a close watch. Economists…
Read More