Orbex

00:55

Orbex

The correction seeing on USDJPY could let prices fall a tad lower, providing a better structure for minor A. This should be followed by a "three" correction, where minor B is going to offer some buying opportunities in the short-term before sliding lower towards the golden Fibonacci retracement level of 106.67. Better remain patient for minor B to...

07:56

Orbex

The FX majors stretched into 2020 firm, spelling a strong term against a weaker #dollar! Will this continue being the case though when uncertainty around #tradewar and #Brexit remain elevated? Take a peek at our #elliottwave analysis for some technical insight at least. Timestamps EURUSD 1H 01:45 USDJPY 1H 03:30 GBPUSD 1H 05:50 Trade safe Stavros...

09:04

Orbex

Market participants seem to have taken Fed’s liquidity injections as QE, dragging dollar down. Despite increasing the balance sheet, the Fed’s move should be really reassuring investors that funding pressures, at least in the short-term, are and will be lower. Or, should it not? Well, the demand for funding was slower than expected near year’s end. But is...

08:29

Orbex

Equities and the US Index hit the levels we expected last week, however, participants remain encouraged on “phase one” and Brexit conclusions. Will the rally keep on in 2020 or have investors really misplaced the recent concessions? The risk of deteriorating relations remains elevated in our opinion! Timestamp DXY 4H 00:20 SPX 4H 02:45 NASDAQ 4H...

01:03

Orbex

Gold's upside move could end shortly, forming an intervening wave x that could be followed by either an ending zig-zag or an ending triangle pattern. The successful correction could turn the current structure into a triple combination! Look for potential invalidation above 1519/oz. Trade safe Stavros Tousios Head of Investment Research Orbex This analysis is...

08:14

Orbex

The recent rise in commodity prices, including gold, silver and crude oil, points to better growth expectations in 2020. Despite downside risks amid geopolitical and macroeconomic factors remaining elevated, a weaker dollar could support the end-of-year theme. Timestamps XAUUSD 1H 01:40 XAGUSD 1H 03:20 WTI 1H 05:10 Stavros Tousios Head of Investment...

07:58

Orbex

China announced they will be lowering tariffs on a number of items come January 1st, making markets looking more festive ahead of Christmas! Aussie and Kiwi took the headlines with a positive tone, however, Cable kept entering lower territories on the back on post-election no-deal fears! Will the Santa rally continue? Have a look at our Elliott Wave analysis...

08:36

Orbex

Equities keep climbing higher on the back of renewed trade and Brexit optimism and also on the back of monetary policy decisions! Interest rates are on hold, but the Fed did cut three times in 2019! Will the surge continue into 2020? And if yes, when can we expect the massive sell-off everyone’s been talking about to take place? ake a pick as we near the end of...

08:33

Orbex

JGB yields brushed off USMCA headlines yesterday and took a positive turn above the zero mark! JGB's haven't been positive since March 2019! Is this hinting that investors turn optimistic on global economies? Or just a shot-lived surge own to auction? Supported by impeachment uncertainty and poor US data yen rose against the greenback yesterday, however, the...

00:50

Orbex

EURGBP could complete its primary correction marginally below the 0.83 round support either in an (A) or (C) fashion. The successful correction will determine the strength of the upside move, provided a slide is sustained above or near the 0.8130 area. Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and...

07:17

Orbex

Trump was impeached yesterday and lost! But the trial timing remains in doubt, keeping parties on their toes! Meanwhile, BoJ kept interest rates unchanged overnight and now we have to wait and see if BoE adds to the downside risks on #no-deal fears, or encourage bulls with a rather hawkish stance? I talk about all that in today’s market insights while analysing...

06:16

Orbex

In today’s market insights, I talk about what drives the #Oil higher and how have #Gold traders taken the positive US data and #Brexit headlines! Watch me analyse crude oil and the precious metal using as regular ElliottWaves! Timestamps XAUUSD 1H 01:25 WTI 1H 03:35 Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market...

07:05

Orbex

In this market insights, I talk about the reason #FX Majors were muted; on the back of a shift to riskier assets i.e. the equities I dive into euro, pound, dollar and the safe-haven yen to provide you with my short-term analysis. I also talk about what to focus on for the rest of the week and with crunch talks around the allocation of US’s $1.3tn spending...

07:27

Orbex

In today’s market insights I will talk about the cautious market reaction to the US-China trade deal announcement and what to look for in this week’s volatile session! Yes, I am still expecting markets to move considerably despite the festive season approaching. I analyze the leading NASDAQ and the US index and explain why I expect equities to continue...

00:53

Orbex

The US Index correction up to the 61.80% Fibonacci retracement of minor waves 1-3 missed the 98.66 low of wave 1. This means that the current structure can be still considered impulsive. With bears pushing prices down sharply, the chances of reaching fresh lows for the completion of minor wave 5 are increasing. This scenario could be validated below minor 3's...

07:57

Orbex

In today’s market insights I talk about Trump’s latest comments surrounding the US-Sino rhetoric and why they have triggered a full or partial recovery in risk assets! Watch me analyse risk vs safety using Elliott Waves, as well as the incredible surge in the British pound! It seems that BoJo’s chances to win the elections are cracking fresh multi-month price...

06:48

Orbex

In today’s market insights I talk about the massive Trump sell-off seen in the markets following his comments that a phase 1 trade deal could be now dragged later than the 2020 election. Gold and Oil were affected by the pessimistic rhetoric as participants received the delay announcement! The yellow metal appreciated while Crude oil jaw-dropped days ahead of...

06:58

Orbex

In today’s market insights I talk about Trump’s latest tactical move to intimidate China into a partial deal! With China having retaliated for the HK bills and manufacturing data confirming that the trade spat is now weighing on on the US economy, risk appetite returns with the Tariff Man! Will tariffs against Brazil and Argentina push China in the corner, or...