Orbex - Forex Trading Library

If you think that December is a quiet month for market partıcıpants, think again! Major risk events, including the US-China trade war, UK's General elections, and OPEC's meeting in Vienna are goıng to affect the markets! Join James…
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The US markets were closed on Thursday on account of the Thanksgiving holiday. Investors were cautious amid the lack of any major fundamentals during the day. Doubts on the US and China trade deal still remain. This comes as the Washington…
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The current structure suggests that USDJPY is forming a bullish 5-wave impulse consisting of primary sub-waves ①-②-③-④ and ⑤. The last primary wave of this upside pattern requires the successful formation of intermediate wave (5). With…
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One of the distinct advantages of getting good enough at Forex trading that you can do it full time is that it can be done from anywhere you have an internet connection. If you're a Forex trader, you have no boss, no need to commute in…
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President Trump tweeted that a trade deal with China was close, leading to some optimism. Equity markets continued to maintain the gains, indicating that the markets are already discounting the news. The deadline for the next round of…
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With the positive tone around US-China trade negotiations lately, we should check in on our Oceanic friends who trade with the Asian Giant. While we don't expect a major shift in trade until an agreement is actually signed, an…
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Top trade negotiators of China and the United States apparently held a phone conference on Tuesday. Both parties said that there is an increase in the chances of the "phase one deal" being reached. A spokesperson from China said that…
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DXY seems to be forming the final leg of a cycle degree triple zigzag consisting of sub-waves w, x, y, x, z. Wave Z of this triple zigzag formation reminds a standard zigzag pattern in which primary sub-waves  Ⓐ-Ⓑ and Ⓒ are likely to…
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Equity markets rallied as a risk on sentiment saw major US indices touching new highs from Friday. The gains were partly driven by activity in the stock markets. However, trade optimism is once again partly cited for the gains. President…
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