The Nasdaq100 index got rejected at the neckline of a head and shoulders pattern and looks vulnerable. The long-term yields...
PositionMarket Analyst
JoinedJul 17, 2020, 13:35 BST
Articles798
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.
USD/JPY appears to be tired here. It lacks conviction for a decisive move above 109. The Bank of Japan (BOJ)...
Gold price recovered some of the lost ground as bulls pushed it above $1,700 recently. However, the price of gold...
The EUR/GBP cross pair remains under tremendous pressure a few hours ahead of the Bank of England’s decision. After it...
The Fed is behind us, and the Dax index is poised to open at the highs. While we may see...
The tech index, Nasdaq100, correctly lately, especially during the month of February. However, once February ended, Nasdaq100 recovered steadily. First,...
The Dax index hovers around 14,500, and having a bullish bias as a pennant formation (or an ascending triangle) points...
The Fed meeting is due later today, and the EUR/USD, like other markets as well, is looking for direction. The...
The Nasdaq100 index appears to have bottomed recently if we judge by the fact that the market formed an inversed...
Gold price recovered recently and showed some signs of bottoming. In fact, traders may spot a small head and shoulders...
The GBP/USD pair is unable for the moment to move back above the 1.40 round number. For the second time...
The EUR/JPY cross trades with a bullish tone as the recent rally extends beyond 130. A few days ahead of...