Mircea Vasiu

GBP/USD Bounces from Support – 1.40 Pivotal Level

The GBP/USD pair dropped from above 1.41 this week on the back of higher inflation in the United States than…

May 14, 2021, 08:21 BST

S&P500: Rising Wedge Broke Lower

The S&P500 broke a rising wedge pattern that started last November when the news came out that vaccines against the…

May 13, 2021, 09:59 BST

Ripple Price Holds Strongly Despite Cryptocurrency Market’s Rout

The cryptocurrency market was stunned to find out Elon Musk’s signaling that Tesla will not accept Bitcoin anymore as payment…

May 13, 2021, 09:40 BST

AUD/USD – Bearish After the US Inflation Data

Inflation surprised to the upside, and the AUD/USD pair was just one of the USD pairs that reacted promptly. This…

May 13, 2021, 09:23 BST

USD/CAD At Dynamic Support – Will It Bounce?

The USD/CAD has had one of the strongest bearish trends during the pandemic. Fueled by a wild bounce in the…

May 12, 2021, 10:56 BST

Dax Index: Toppish Formation Points to Possible Decline to 14,200

The German Dax index followed on the Dow Jones and Nasdaq 100 footsteps and retraced from the highs. While the…

May 12, 2021, 10:02 BST

EUR/USD Close to Recent Highs Ahead of the US CPI Release

The EUR/USD pair had a hard time breaking the 1.22 area, but it surely does meet support at 1.21. The…

May 12, 2021, 08:36 BST

Dow Jones: Possible Head and Shoulders Puts Pressure on the Index

The Dow Jones index met strong resistance at the 35,000 level, and now the futures point to more weakness. The…

May 11, 2021, 10:09 BST

Gold Price: Pennant Formation Hints to More Upside

Gold looks bid at current levels, forming a possible pennant formation ahead of the inflation data in the United States.…

May 11, 2021, 09:29 BST

AUD/USD: Major Resistance Ahead, Bears Will Push Harder

I would like to bring to everyone’s attention the monthly timeframe on the AUD/USD pair. While this is the largest…

May 11, 2021, 08:23 BST

Bitcoin Price: Bearish Reversal Possible After a Rising Wedge Formation

Bitcoin price looks weak here as the market struggles to find the strength to move above $60k. The crypto community…

May 10, 2021, 11:15 BST

Dax Index Rising Wedge Suggests a Move Below 15,000

The Dax index formed a rising wedge pattern that completed last Friday, and now the price broke below the lower…

May 10, 2021, 10:58 BST