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 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,…

Jul 20, 2021, 10:32 BST

Crude Oil Price Head and Shoulders Pattern Confirmed, Bearish Trend Underway

Financial markets started the trading week in a risk-off move, mainly driven by the bearish price action seen in the…

Jul 20, 2021, 10:13 BST

Dax Index Double Top Formation Points to Further Declines Ahead

The German Dax index fell off a cliff at the start of the trading week, down sharply following the bearish…

Jul 19, 2021, 10:46 BST

$30,000 Looms Large for Bitcoin Price, A Break Below Is Bearish

Bitcoin price continues to consolidate above $30,000, but the sentiment remains bearish. Every bounce is shallower and unable to break…

Jul 19, 2021, 10:24 BST

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…

Jul 16, 2021, 10:39 BST

Crude Oil Price Meets Dynamic Resistance, Bearish Momentum Grows

The crude oil price had one of the most remarkable comebacks in financial markets history during the COVID-19 pandemic. The…

Jul 15, 2021, 15:19 BST

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…

Jul 15, 2021, 12:30 BST

Bitcoin Price Under Pressure as Fed Powell Hints at Digital Dollar

Bitcoin bulls suffered another blow yesterday. The price is under renewed pressure as Fed Chair Powell dedicated a good part…

Jul 15, 2021, 10:27 BST

Gold Price Flat Over the Year – Where Is Your Inflation Hedge?

The US inflation runs hot, as seen by the YoY data released yesterday. It reached 5.4%, well above the Fed’s…

Jul 14, 2021, 09:18 BST

BlackBerry Stock Price Under Pressure – Analysts Ratings Weigh

BlackBerry stock price nearly halved in the last month, dropping from as high as $20 to close to $11. The…

Jul 13, 2021, 11:30 BST

Bitcoin Price: Massive Head and Shoulders Pattern Reveals a Gloomy Picture

The price of Bitcoin is in a two-month-long consolidation. It just hovers above $30,000, unable to break and hold below,…

Jul 13, 2021, 11:02 BST

EUR/JPY Finds Support at 130 Ahead of the Bank of Japan’s Decision

The EUR/JPY cross found strong support at the 130 round number. It is the second time in a row since…

Jul 12, 2021, 12:33 BST