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Forex Article || Microsoft Lower Following Settlement Payment
Microsoft Lower Following Settlement Payment
22-September-2020 Orbex
Shares in US technology firm Microsoft are trading around 1% lower pre-market on Friday. The company recently confirmed that it will pay $3,000,000 in interest-added back pay in a bid to conclude a US Federal investigation into claims that Microsoft illegally...
Forex Article || What does Lagarde Speech Mean for Euro Traders?
What does Lagarde Speech Mean for Euro Traders?
11-September-2020 Orbex
Yesterday’s ECB meeting went mostly as expected: There were no changes in policy. The Euro barely moved, as all eyes were on the press conference headed by Chief Christine Lagarde. The question was, what tone would she provide for the markets?

The...
Forex Article || Will Powell Deliver a Major Shift in Policy Setting?
Will Powell Deliver a Major Shift in Policy Setting?
31-August-2020 Orbex
Positive US Data Ahead of Jackson Hole Summit

The US index weakened during Wednesday’s trading closing just below 93.

Durable goods orders rose by 11.2% to $230 billion in July. This was an improvement on the revised June orders of $207 billion.

In...
Forex Article || Qualcomm Shrugs off Court Case To Trade Higher
Qualcomm Shrugs off Court Case To Trade Higher
28-August-2020 Orbex
Qualcomm Higher Pre-Market

Shares in US tech firm Qualcomm are trading over 2% higher pre-market on Monday. The company has been in the spotlight recently over a court case. Within the case, they claimed that Qualcomm had abused its dominance of the...
Forex Article || Biden Leads After Democratic Convention
Biden Leads After Democratic Convention
27-August-2020 Orbex
The US index could not hold onto recent gains as it closed below 93 yesterday.  

Thursday’s gain was short-lived as the US jobless data climbed above 1 million again indicating a slow labor market recovery.

The White House is still embroiled...
Forex Article || US Stimulus Fails To Materialize
US Stimulus Fails To Materialize
25-August-2020 Orbex
Dollar Takes a Step back After Recent Optimism

The US Index saw a slight progression as the weekly unemployment claims drop below one million for the first time since March.

However, this could not prevent the Index from closing above the 94.00...
Forex Article || How Does the Stock Market Work?
How Does the Stock Market Work?
25-August-2020 Orbex
One of the more common recurring myths is that the stock market is basically some kind of gambling.

It’s a common trope in movies and TV shows. But the only way gambling is involved is that several gambling companies have shares that are traded on...
Forex Article || Safe-Haven Shifts Away From Greenback
Safe-Haven Shifts Away From Greenback
08-August-2020 Orbex
The US Index looked firmer on the opening session this morning, as it regained a foothold above 93. This comes after recording new 2020 lows from the end of last week.

Increased hopes of a deal in the US political scenario to unlock another stimulus...
Forex Article || AmEx Shares Flat Despite Earnings Beat
AmEx Shares Flat Despite Earnings Beat
07-August-2020 Orbex
Shares in the US credit card company American Express are trading higher by half a percent pre-market on Friday. The company’s stock price has traded in a very tight, shallow range over recent weeks. This is despite the company posting a solid earnings beat...
Forex Article || Apple Hit New Highs On Earnings Beat
Apple Hit New Highs On Earnings Beat
05-August-2020 Orbex
Shares in US tech giant Apple have exploded to fresh all-time highs following a bumper Q2 earnings report. Apple stock is trading a further 2.5% higher pre-market on Tuesday as traders continue to digest the details of the earnings results.

Apple reported...
Forex Article || Citi Shares Not Rallying Despite Earnings Beat
Citi Shares Not Rallying Despite Earnings Beat
04-August-2020 Orbex
Shares in US banking firm Citigroup are trading 1.7% lower pre-market on Monday. Price has remained within a tight block of consolidation since the group reported Q2 earnings in mid-July. This is despite better than expected results.

Citi posted a Q2...
Forex Article || American Airlines Higher Following Better Than Expected Losses
American Airlines Higher Following Better Than Expected Losses
25-July-2020 Orbex
Shares in US airliner American Airlines are trading slightly higher pre-market on Friday following a better than expected loss in Q2. The group posted losses of -$4.82 per share versus expected losses of -$7.84 per share.

Revenues were also a little...
Forex Article || Coca Cola Sees Largest Quarterly Decline in Revenues in 30 Years
Coca Cola Sees Largest Quarterly Decline in Revenues in 30 Years
23-July-2020 Orbex
Earnings Higher But Details Reflect Damage

Shares in US beverage giant Coca Cola are trading down 0.5% pre-market on Wednesday following the company’s Q2 earnings release yesterday.

Coca Cola reported better than expected earnings per share...
Forex Article || Metals Lose Momentum As Vaccine Hopes Rise
Metals Lose Momentum As Vaccine Hopes Rise
19-July-2020 Orbex
The yellow metal failed to continue its recent upside streak this week and while still broadly supported, upside momentum has certainly waned. One potential reason for this loss in momentum is the shift seen this week in the COVID-19 landscape.

Gold...
Forex Article || Twitter Drops 6 Percent on Hacking Scandal
Twitter Drops 6 Percent on Hacking Scandal
17-July-2020
Heavy Selling Following Scandal

Following a 1.5% rally yesterday, Twitter stock prices are down over 6% pre-market on Thursday. Traders are digesting the news of a recent hacking scandal that has shaken confidence in the tech firm.

It was reported...
Forex Article || Is Europe at Risk of a Tax Increase?
Is Europe at Risk of a Tax Increase?
11-July-2020 Orbex
European governments are spending unprecedented levels of money on COVID relief. Therefore, it’s only natural to wonder: how is this going to be paid for?

Germany might have the fiscal latitude to adjust its budget to address the issue. But what about...
Forex Article || A Rebound In Canadian June Employment Figures?
A Rebound In Canadian June Employment Figures?
09-July-2020 Orbex
Of late, the CAD hasn’t benefited as much when the market has taken on an appetite for risk.

Other commodity currencies have outperformed it, but this might not be so much Canada’s “fault”.

The spread of coronavirus is theorized to be...
Forex Article || Iran Seeks Retribution Over Soleimani Killing
Iran Seeks Retribution Over Soleimani Killing
30-June-2020 Orbex
On Monday afternoon, Iran issued an arrest warrant for US President Donald Trump.

This came after Iranian officials accused him of his involvement in the January 3rd drone attack that killed Iranian General Qassam Soleimani.

Tehran’s prosecutor,...
Forex Article || Hong Kong Index Bounces Off Golden Ratio
Hong Kong Index Bounces Off Golden Ratio
26-May-2020 Orbex
Falling shares in Hong Kong drove the Hang Seng index to a 3-month low of 22500 this morning.

With prices bouncing off of the multiyear trendline support TS1, a rebound is likely. The trendline connects the Oct ’08 and Fed ’16 lows at 10600 and...
Forex Article || German DAX At Regression Line
German DAX At Regression Line
24-May-2020 Orbex
The German DAX struggled to break back inside the ascending channel starting Sep ’11. In fact, the breakout from the regression line back in February was huge. The index lost nearly 50% of its value within a period of three weeks; from the 14000 region down...
Forex Article || Grand Capital Trading ideas for Boeing Co.
Grand Capital Trading ideas for Boeing Co.
29-April-2020 Grand Capital
The US is gradually lifting the quarantine related to COVID-19. Boeing Shares have fallen because of the restrictions. The stock is trading in a downward price channel. A bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator...
Forex Article || FBS Presents TRADE TO HELP
FBS Presents TRADE TO HELP
24-April-2020 FBS
In times of pandemic, team up with FBS and invest in the global recovery. We triple your deposits in the FBS app – you trade and support those in need. This year is unpredictable, with the CoViD-19 outbreak and millions of people quarantined. But remember...
Forex Article || Is There Such Thing as the Perfect Trading Strategy?
Is There Such Thing as the Perfect Trading Strategy?
20-April-2020 Black Bull Markets
Every trader has thought about coming up with the perfect trading strategy. Many spend night after night trying to produce a strategy with a win rate over 90%, and after planning and tweaking it in a demo environment, eventually try to take it live. However,...
Forex Article || How Are The Fed Radical Measures Affecting The Prices of Gold?
How Are The Fed Radical Measures Affecting The Prices of Gold?
12-April-2020 Orbex
The Fed’s announcement was taken to heart by some of the institutions trading FX yesterday.

Do you know why the new liquidity operations are riskier than ever seen before?

And did you get a chance to see how gold has performed since the radical...
Forex Article || What Is the Kelly Criterion in Forex?
What Is the Kelly Criterion in Forex?
04-April-2020 Orbex
Put simply, the Kelly Criterion or Formula is a way to calculate how much of their assets a Forex trader should risk on any given trade in order to maximize the return.

It became notorious among equities traders because it was said that Warren Buffet...
Forex Article || The US Dollar Is in the Negative Zone
The US Dollar Is in the Negative Zone
31-March-2020 Justforex
The US dollar fell again relative to a basket of major currencies. The dollar index (#DX) closed in the negative zone (-1.22%). In addition to coronavirus, the US dollar is under pressure due to weak economic data. So, yesterday a report on core durable goods...
Forex Article || Palladium – Is the Rally Higher Only a Correction?
Palladium – Is the Rally Higher Only a Correction?
29-March-2020 orbex
The Fed announcement on Sunday put relief into the markets and palladium made full use of the news. It orchestrated on the best weekly rally it ever had.

From a low of $1,600 to a high print of $2,418, so far the movement has been a marvel in itself.

This...
Forex Article || Crude Inventories Rise for 9th Straight Week
Crude Inventories Rise for 9th Straight Week
26-March-2020 Orbex
Crude Inventories Rise Again

In yesterday’s report, the Energy Information Administration reported a further build in US crude inventories. In the week ending March 20th, the EIA reported that US commercial crude levels rose by 1.6 million barrels.

Although...
Forex Article || The US Will Provide $500 billion in Payments to Americans
The US Will Provide $500 billion in Payments to Americans
22-March-2020 Justforex
Yesterday, the US dollar strengthened again relative to a basket of major currencies. The dollar index (#DX) closed in the green zone (+2.03%). At the moment, currency majors are stable. The sentiment of financial market participants improved slightly amid...
Forex Article || What Are the Most Popular Reversal Patterns?
What Are the Most Popular Reversal Patterns?
22-March-2020 Orbex
Reversal patterns, as the name suggests, change the course of an ongoing trend, whether it is bearish or bullish.

For example, if the price action indicates that the trend is moving upwards, then this should eventually see an end to the course of the...
Forex Article || Trump Calls on Fed to Act, BoE Does
Trump Calls on Fed to Act, BoE Does
12-March-2020 Orbex
Coronavirus Cases Take Their Toll

As the total number of COVID-19 cases in the United States continues to rise, the White House has started taking baby steps to tackle the serious effect the outbreak is going to have on the economy.

The Administration...
Forex Article || Trump Calls on Fed to Act, BoE Does
Trump Calls on Fed to Act, BoE Does
12-March-2020 Orbex
Coronavirus Cases Take Their Toll

As the total number of COVID-19 cases in the United States continues to rise, the White House has started taking baby steps to tackle the serious effect the outbreak is going to have on the economy.

The Administration...
Forex Article || Will the NZD Rally Continue After Manufacturing Sales?
Will the NZD Rally Continue After Manufacturing Sales?
10-March-2020 orbex
NZD traders, like their close cousins in Australia, might have to deal with something of a paradox over the next month when it comes to analyzing fundamental data.

While the economic situation improves, the data reports might be showing worse conditions....
Forex Article || How to Trade The Shoulders Pattern
How to Trade The Shoulders Pattern
08-March-2020 orbex
Standard and Inverse Head & Shoulders are two sides of the same coin and are the exact opposite of each other. That said, both signal the end of a directional move and hint at a reversal.

A standard Head & Shoulders is always formed at the top...
Forex Article || The Situation Ahead of Japan Final Q4 GDP
The Situation Ahead of Japan Final Q4 GDP
08-March-2020 orbex
Fast View

Two weeks ago, we got the preliminary reading of Japan’s Q4 GDP which widely disappointed economist expectations.

The market, however, barely...
Forex Article || Breaking Down the Emergency Cut of Fed
Breaking Down the Emergency Cut of Fed
05-March-2020
COVID-19 Death Toll Rising

It will take some time before we find out just how far the impact of the Wuhan virus has stretched, and how much it has affected the world in terms of numbers.

However, as things stand currently, the international community...
Forex Article || Will the ISM manufacturing PMI hold up in February?
Will the ISM manufacturing PMI hold up in February?
03-March-2020 Orbex
The Institute of Supply Management (ISM) will be releasing the closely watched manufacturing PMI report today. According to the economists polled, forecasts point to a modest decline in the index.

The ISM manufacturing PMI is forecast to slip to 50.5...
Forex Article || Will the UK Break Up After Brexit?
Will the UK Break Up After Brexit?
01-March-2020 orbex
Fast View

Whether the United Kingdom will stay united after Brexit is a surprisingly fraught question.

People have quite definitive opinions on the subject, which has...
Forex Article || Cross-Market Chaos as Virus Fears Explode
Cross-Market Chaos as Virus Fears Explode
29-February-2020 orbx
USD Sinks on Fed Easing Expectations

The US dollar continues to sell-off on Friday, marking a week of straight losses and its biggest losing week since May 2019.

Traders are once again starting to price in a forthcoming rate cut from the Fed...
Forex Article || EURUSD analysis 27.02.2020
EURUSD analysis 27.02.2020
27-February-2020 grandcapital
The overall trend is downward. The currency pair is trading in the range of the round important level of 1.0900. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals over boughtness.

Trading recommendations:

Sell...
Forex Article || Potential Market Reaction to German Final Q4 GDP
Potential Market Reaction to German Final Q4 GDP
25-February-2020 Orbex
Usually, the final GDP numbers repeat the preliminary ones, or there is a decimal or two adjustments.

In normal circumstances, a decimal up or down is often just a matter of rounding and doesn’t have significant implications. But Germany – indeed,...
Forex Article || JPY Crashes Lower Again
JPY Crashes Lower Again
23-February-2020 Orbex
The US dollar has taken a sharp turn lower late in the week as selling kicks in ahead of the key 100 level on the index. This level has not been passed in three years and is a major psychological level. For now, however, bullish USD sentiment continues. Looking...
Forex Article || Is the Yen Losing Its Safe Haven Status?
Is the Yen Losing Its Safe Haven Status?
23-February-2020 Orbex
Traditional thinking in forex would suggest that if the yen is getting weaker, it’s a sign that the markets are interested in taking on more risk.

The idea is that the yen and risk are inversely correlated. But, what happens when the market is risk-averse,...
Forex Article || How low will EUR/USD sink?
How low will EUR/USD sink?
20-February-2020 FBS
Economic problems in the euro area

Even if you don’t follow the European news closely, you’ve still probably heard that the region’s economy is going through difficult times. In February, there were many disappointing releases: retail sales contracted...
Forex Article || Trading ideas for PJSC Rosneft 17.02 2020
Trading ideas for PJSC Rosneft 17.02 2020
17-February-2020 grandcapital
Quick View

The lower border of the ascending price channel and the support level of 448.00 held back sellers. The price pivot zone of 465.40 holds back buyers. Breaking through the level of 465.40 will result in the formation of an uptrend 1-2-3 within...
Forex Article || RoboForex Changes in trading schedule
RoboForex Changes in trading schedule
14-February-2020 RoboForex
Quick View

We’re informing you that due to the public holiday in the USA, President’s Day on February 17th, 2020, several instruments will be traded according to the changed schedule.

RoboMarkets

Trading schedule on Metals (XAUUSD...
Forex Article || Trading ideas for PJSC Tatneft 10.02.2020
Trading ideas for PJSC Tatneft 10.02.2020
10-February-2020 Grand Capital
Quick View

The overall trend is upward. The support level of 747.00 holds back sellers. A descending truncated pattern was formed. A bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness.

Trading...
Forex Article || What Could Happen After China Jan Inflation Report?
What Could Happen After China Jan Inflation Report?
09-February-2020 Orbex
Fast View

With all the news focused on the coronavirus outbreak, the underlying economic data from China has been slipping a bit under the radar.

Early on Monday, or late on Sunday, depending on where you are, we get the latest CPI figures from...
Forex Article || Markets in Risk-On Mode, Hope for Corona Cure
Markets in Risk-On Mode, Hope for Corona Cure
06-February-2020 Orbex
Fast View

US ISM Non-Manufacturing Next

The US dollar remains well bid on Wednesday with the index trading at 97.91 last, still above the bearish trend line for now. Monday’s stronger-than-expected manufacturing reading has offered support...
Forex Article || Why Has the Euro Failed as A Reserve Currency?
Why Has the Euro Failed as A Reserve Currency?
06-February-2020 Orbex
Fast View

The simple (albeit controversial) answer is that the European Union is not a country… yet.

There is a lot of interest in making the euro at least a competitive reserve currency to the dollar. Even countries such as Russia and China...
Forex Article || Forex tips and tricks: 10 ways to improve your trading strategy
Forex tips and tricks: 10 ways to improve your trading strategy
05-February-2020 EXNESS
Fast View

Our motto in trading is quite simple: “Get better every day”. Professional traders are always searching for ways to improve. If you share this philosophy, this book is for you. In this book, you will find 10 ways to improve your strategy...
Forex Article || Coronavirus Death Toll Higher Than SARS
Coronavirus Death Toll Higher Than SARS
04-February-2020 orbex
Fast View

Coronavirus Spread Intensifying

The outbreak of the coronavirus has quickly become the main focus this year and has had a visible impact on markets. The virus began in Wuhan, China just over three weeks ago.

It quickly spread...
Forex Article || Liquidity crisis and its impact explained
Liquidity crisis and its impact explained
02-February-2020 orbex
Fast View

Liquidity crisis is often synonymous with a financial crisis. After all, when liquidity dries up, the flow of money becomes difficult. When the flow of money becomes difficult, the world can literally come to a standstill.

Thus, the...
Forex Article || Will the ECB Become the Next BOJ?
Will the ECB Become the Next BOJ?
28-January-2020 Orbex
Fast View

It’s normal to assume there will be a change in policy when an institution has a change of leadership. In fact, it’s kind of unavoidable. Even for an institution like the ECB which has a mandate of maintaining stability, there are different...
Forex Article || GBP Crashes Despite Better UK Data
GBP Crashes Despite Better UK Data
26-January-2020 Orbex
View Quickly

USD Breaks Resistance

The US dollar has been firmer over the last 24 hours with the USD index breaking above the 97.42 level yesterday. For now, momentum has stalled and price is sitting just above this level. The absence of any...
 
 
 
 
     
 
 
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