fundamental bulletin

Exxon Holding Above Key Support

Shares in Exxon Mobil have paused in their recent ascent. The energy company’s stock prices continue to hover around the 55.39 level following a break above it last week. Shares recovered from a brief dip below the level this week to trade back north of […]

Can We Expect NFP to Grow Again?

One of the events that could potentially reverse (or at least slow) the decline in the dollar, is better jobs data. There have been a few fundamental signs from the US which have led the markets to be a little nervous, but the dollar hasn’t […]

USOIL Zigzag To Complete Cycle Correction Near 53.58

USOIL hints at a global cycle impulse that consists of sub-waves I-II-III-IV-V. Impulsive wave III completed its pattern. It was formed by the primary sub-waves ①-②-③-④-⑤. Currently, cycle wave IV which is under development may have the form of a standard Ⓐ-Ⓑ-Ⓒ zigzag. In the […]

The Markets in Waves: H&S Pattern Appears in 4 Assets?

Welcome to the Orbex​​ daily Elliott Wave​​ update! In today’s video, our Head of Investment Research Stavros Tousios dives into the top opportunities the markets​​ have in store for us. Asset TimeStamps are as follows: – AUDUSD​ 01:25​ – NASDAQ​ 03:20​​ – USOIL​ 05:10​ – […]

Intraday Market Analysis – Tough Resistance

GER 30 recoups February losses Easing Treasury yields have put a floor on global stock markets for now. The DAX 30 is making another attempt at February’s high of 14180 after it broke through intermediate resistance levels of 13990 and 14070. The RSI is yet […]

Surfing the Waves with Gregor Horvat

In today’s advanced #ElliottWave​​ analysis Gregor dives into the five most interesting opportunities for the week ahead! Original Article

Alibaba Shares Slide Further

2021 Reversal Underway Shares in Chinese tech firm Alibaba are continuing to slide today, trading lower ahead of the market open on Tuesday. Following an initial rally over January which saw shares climbing off the December 2020 215 lows to highs around 274, Alibaba shares […]

Can Thursday’s OPEC Meeting Save Oil Prices?

The start of March posed some difficulties for crude prices, as they paired back some of the gains from the long run in February. Of course, that might just be profit-taking, as the run-up has been pretty long. Or there might be an external factor, […]

AUDUSD Could Correct Higher Before Bearish Impulse

The formation of the AUDUSD currency pair shows a clear completion of correction wave b. The cycle wave b is a bullish triple zigzag of the primary degree. The end of the intermediate impulse (C), which completed the primary wave Ⓩ, triggered a bearish move. […]

Intraday Market Analysis – Follow the Trendline

USDCAD awaits GDP catalyst Canada’s GDP figure could dictate the loonie’s short-term direction as the pair just bounced off the eleven-month long bearish trendline. A solid reading could keep the US dollar subdued as the RSI cools off from the overbought area. As the 20-hour […]