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​ – […]

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 […]

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

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 […]

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, […]

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. […]

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 […]

Selling Stake in Chinese Dairy Firm Shares in French food group Danone are trading higher ahead of the market open as traders digest news that the company has initiated proceedings to sell its stake in Chinese dairy firm Mengniu Dairy Company Limited. The company has […]

Australia has been riding the recent commodities boom. And if a supercycle does develop, it could be in for some substantial growth. But, there is a particular challenge that they have to overcome in the short term, which might put it behind other countries during […]

On the 1H timeframe for gold, we see the formation of a major correction (4) of the intermediate degree. This is a bearish triple zigzag consisting of five minor sub-waves W-X-Y-X-Z. The correction itself (4) is part of the global bullish impulse. It is assumed […]