Crude Oil – 01.11.2024 – Orbex Forex Trading Blog

Coinbase Global (NASDAQ: COIN) lost 43% of it’s value in the recent three months. In today’s article, we’ll demonstrate the Elliott Wave structure taking place within the daily cycle and we will explain the potential reaction higher that we expect to take place. COIN is currently showing a classical case of an impulsive 5 waves advance, then it’s…

The Adaptive Trend Indicator is a dynamic trend-following tool with ATR-based period adaptation for responsiveness. Free Indicator: https://www.mql5.com/en/market/product/142432 When you set the ATR period different from the MA period, you are directly controlling how quickly the volatility measure (ATR) responds to price changes compared to how quickly the trend average (MA) adapts. This relationship is crucial: a shorter ATR…

For several weeks, the oil market remained directly influenced by the US-Iran tensions. Threats to close the Strait of Hormuz kept Brent prices within the $97–110 range. Overnight on 8 April, the parties announced a two-week ceasefire, and the Strait of Hormuz reopened to shipping, immediately removing the accumulated geopolitical premium from prices. Brent declined…

2026.01.30 2026.01.30 XAU/USD: Elliott Wave Analysis and Forecast for 30.01.26–06.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 4,930.32 with a target of 6,000.00–6,500.00. A buy signal: the price holds above 4,930.32. Stop Loss: below 4,930.32, Take Profit: 6,000.00–6,500.00. Alternative scenario: Breakout and…

FUNDAMENTAL OVERVIEW USD: The US dollar weakened across the board on Monday after Trump told CBS that “the war could be over soon.” Traders unwound some of their positions as expectations of a quick resolution led to a repricing of hawkish interest-rate bets, putting pressure on the greenback. The dollar extended those losses yesterday as…