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.

Dow Jones

Dow Jones Correcting From Highs, Is a Double Top in Place?

Dow Jones formed a possible double top at the 35,000 area, and the move lower triggered a risk-off environment. Yet, the recent decline is not severe enough to scare bulls. After all, the index is only a few percentages off its record highs. What is interesting is that the decline […]

GBP/USD Finds Strong Support at 1.38, But Bearish Bias Persists

The GBP/USD pair failed found strong support at the 1.38 area in the last couple of weeks. It keeps trying to break lower but fails every time. However, the bounces are shallow, and the price action resembles a contracting triangle that could break either way. The bias remains bearish because […]

EURGBP

EUR/USD Bearish Bias Persists While Below 1.19

The EUR/USD pair is the most popular on the FX dashboard. It reflects the differences between the monetary policies in the United States and the Euro area. It also reflects the economic differences between the two, rising and falling, based on the economic performance. The European single market is made […]