Orbex Group Limited is the holding company of Orbex Global Limited, Orbex Limited is an affiliate with Orbex Global Limited. Orbex Global Limited is...

Orbex Group Limited is the holding company of Orbex Global Limited, Orbex Limited is an affiliate with Orbex Global Limited. Orbex Global Limited is...

EURUSD breaks resistance The euro surged after ECB President Lagarde signalled a rate hike by September. Strong bullish momentum above the daily resistance at 1.0630...

GBPUSD tests daily resistance The pound surged after the UK saw a jump in average earnings over the past three months. Solid bullish momentum above...

US stocks have slumped sharply since their January 2022 peak: USA500 is nearing a bear market...

Orbex Group Limited is the holding company of Orbex Global Limited, Orbex Limited is an affiliate with Orbex Global Limited. Orbex Global Limited is...

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: EURUSD 00:25 AUDUSD 01:55 USDMXN 03:10 USDJPY 04:35 XAGUSD 06:10

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

USDJPY, Weekly BOJ Governor Kuroda said on Friday that there was absolutely no need for Japan to raise interest rates and that the BOJ would take additional relaxation measures without hesitation if needed. The Japanese yen surpassed the key level of $119 for the first time in 6 years, as the BOJ maintained its huge […]

The USDJPY currency pair shows a cycle of sub-waves w-x-y. Currently, we see the final actionary wave y, taking the form of a primary simple [A]-[B]-[C] zigzag. The correction wave [B] ended in the form of a contracting horizontal triangle, with intermediate sub-waves (A)-(B)-(C)-(D)-(E). After the end of the correction pattern, prices rose in the […]

The post USDJPY Bullish Impulse Could Peak At 121.00 appeared first on Orbex Forex Trading Blog.

GBPUSD attempts to rebound The British pound stalled after the BOE failed to secure a unanimous vote for higher rates. A bullish RSI divergence suggests exhaustion in the sell-off, and combined with the indicator’s oversold condition on the daily chart, may attract buying interest. A tentative break above 1.3190 led some sellers to take profit. […]

The post Intraday Market Analysis – GBP Struggles For Bids 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.

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.