Calling all beginner Forex traders! We’ve put together a comprehensive webinar dedicated to teaching you how to trade the financial markets! Next Monday, March 21st at 6 pm GMT, our seasoned market expert David Kindley will be going live on Zoom to cover all the benefits of trading stock CFDs, so you can begin to […]

The post The Benefits of Trading Stock CFDs – FREE Live Webinar! appeared first on Orbex Forex Trading Blog.

In today’s advanced Elliott Wave analysis Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses equities, FX Majors, and Commodities and discover how he applies EW principles to come up with his amazing forecasts! Timestamps: XAUUSD 02:45 SPX500 03:55 AUDUSD 05:20 USDJPY 07:45 USDMXN 10:15

The post Surfing the Waves with Gregor Horvat: XAUUSD, SPX 500, AUDUSD & More! appeared first on Orbex Forex Trading Blog.

Firstly, let’s get this out of the way: the Fed is going to raise rates at the conclusion of their two-day meeting tomorrow. 98.3% of experts agree that the FOMC will decide to raise rates by 25bps. The other 1.7% think it will be 50bps. The Ukraine factor Throughout most of last month, there was […]

The post What To Focus on Ahead of Tomorrow’s FOMC Rate Decision appeared first on Orbex Forex Trading Blog.

EURUSD struggles to rebound The US dollar bounces across the board as the Fed may possibly raise interest rates on Wednesday. The pair found support near May 2020’s lows around 1.0800. The RSI’s oversold condition on the daily chart prompted the bears to take some chips off the table, alleviating the pressure. 1.1110 is a […]

The post Intraday Market Analysis – USD Gains Momentum Again appeared first on Orbex Forex Trading Blog.

What’s happening On Wednesday, Russia is scheduled to make its first major payment on foreign debt since the start of the war. Many analysts are suggesting that because of the sanctions, they won’t be technically able to meet their obligations. Failure to pay doesn’t mean that the country falls immediately into default because there is […]

The post How Worried Should Traders Be About a Russian Credit Default appeared first on Orbex Forex Trading Blog.

A quick look back on 2021 and the Dow, in particular, enjoyed gains. But is the party over now for the big American indices? The Dow is down more than 9% so far this year, with the S&P and Nasdaq down 12% and 18% respectively. With the conflict still going, and the threat of several […]

The post StockWatch: Dow Eyes 30000! appeared first on Orbex Forex Trading Blog.

USDJPY rises as BOJ stays dovish The Japanese yen softens as global uncertainty takes a toll on its economy. Japan’s high dependency on energy and raw material imports means that surging prices could hurt the economy. The combination of war and sanctions around Ukraine, and supply chain shocks raise the risk of a global economic […]

The post The Week Ahead – Central Banks Juggle Inflation and Growth appeared first on Orbex Forex Trading Blog.

Last night, Goldman Sachs issued a note to clients, downgrading their forecast for the US GDP growth to 2.9% from 3.1% prior. However, that wasn’t the headline that got most of the attention from the press. Specifically, it was the addition of the chances of a recession occurring next year, between 20-35%. The downside risks […]

The post So… Is It Time to Talk About Recession Again? appeared first on Orbex Forex Trading Blog.

It has come to light that Russian entities owe more than $100bn to international banks. Goldman Sachs has disclosed that it had credit exposure to Russia of $650 million in December 2021. Also, Citigroup said last week that it had roughly $10 billion in total exposure to Russia. Will these big wall street banks have […]

The post StockWatch: Russia Owes to Wall Street Banks, Will They Collect? appeared first on Orbex Forex Trading Blog.

EURUSD bounces back The euro rallies on news that the EU may issue a joint bond to fund energy and defense. The pair found bids near May 2020’s lows (1.0810). An oversold RSI on the daily chart prompted sellers to take profit, easing the downward pressure. A rally above the immediate resistance at 1.0940 and […]

The post Intraday Market Analysis – The euro makes a reversal attempt appeared first on Orbex Forex Trading Blog.

On 1st March 2022, reports emerged that Boeing had started to build the latest version of the Wideband Global Satcom communications satellite system. It aims to shorten the production cycle of the US military satellite with the use of 3D printing (1). The aerospace giant will print more than a thousand parts to deliver the […]