Orbex - Forex Trading Library

President Trump tweeted on Friday that the United States did not agree on rolling back the tariffs on China. The tweet rebuffed claims made by China earlier last week. The positive news from the trade talks pushed equities to new…
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The markets open a mixed week ahead which will see both interest rate decisions and GDP revised estimates. The data for the coming week will give us some insight into how the various economies fared during the third quarter of this year.…
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The current AUDUSD structure hints at a bearish zig-zag consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ. The longer-term formation looks like a triple combo w,x,y,x,z that could see an end after finalizing bearish primary wave Ⓒ. Wave Ⓐ  is a…
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New Zealand gets an early start to the trading week on Sunday evening with the release of some key consumer sentiment data that can move the markets. Electronic Card Retail Sales is the stand-in for a monthly measure of consumer…
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The US-China trade talks continue to drive the markets. Appetite for risk assets grew as Beijing announced the details of the phase one deal. As part of this, both sides will be pulling back on the tariff hikes even if both sides reach a…
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FX traders are always on the search to find a tool or a method that could give them an edge in the markets. This is true, not just for the forex markets but also just about any market where one could speculate. Therefore, the number of…
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The current GBPJPY structure suggests that we are on a bullish 5-wave impulse formation, consisting of minor waves 1-2-3-4-5. Waves 1-2 and 3 are completed, whereas minor wave 4 is under construction but likely to end the correction near…
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Many pose the question: Do forex robots work? If you want a strictly technical answer, yes, forex trading robots do work. The thing is, though, they are tools. And like all tools, the outcome depends on what they are used for, and how…
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The US dollar index was seen trading flat following two days of gains. Economic data was sparse on the day. The gains were also moderating after investors digested the progress of the US and China trade talks. Reports indicate that China is…
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