Mircea Vasiu
Mircea Vasiu
Mircea, MBA in International Business graduating Magna Cum Laudae, trades for a living and contributes to various financial publications for more than six years. He writes about macroeconomics, stock indices, currencies, and most recently ETFs and individual stocks. For the past decade, he’s involved in everything trading related, mostly in the currency market, both with manual and algorithmic trading.

S&P 500

Dow Jones – Bullish or Bearish Triangle?

Dow Jones forms a triangular pattern since November 9th. The euphoria generated by the first announcement of a vaccine against the coronavirus met strong resistance at the 30,000 level. From that moment on, the index did not manage to break higher nor lower. In fact, it formed a triangle that […]

GBPUSD

GBPUSD Sold as Barnier Hints at No-Deal Possible

The GBPUSD pair continues to react to Brexit related headlines. It did so again today and managed to put a double top as well at the 1.34440 area. Right at the start of London’s trading, the EU negotiator, Michel Barnier, hinted that the three main Brexit issues are still unresolved […]

GBPUSD

GBPUSD Back to 1.34 Again – Triple Top in Place?

The GBPUSD pair traded above 1.34 again today on renewed USD weakness rather than GBP strength. This is the third time in a row when cable tries at the level, raising the question if we have a triple top in place? Before trading on the short side, we need to […]

DAX

Dax Index Rising Wedge or Continuation Pattern?

Dax index continues its tight consolidation as we have started the last trading month of the year. Yesterday it corrected following on the Dow Jones path but bounced back at the highs on positive U.S. futures. Dax follows the global equity markets closely. A look at the chart below, and […]