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.

nasdaq 100 index

Tesla Share Price in Free-Falling as Bitcoin Declines Over 20%

Tesla share price suffers from the sharp decline in the price of Bitcoin that started yesterday. At the moment of writing this article, Bitcoin trades at $48k; only last weekend it was as high as $58k. The move lower in the cryptocurrencies was triggered by Janet Yellen’s remarks that cryptocurrencies […]

DAX

Dax Index Double Top Points to a Move to 13,400

Dax index appears to have formed a double top pattern at the 14,150 level. The leading German index failed to hold above 14,000 despite trying to do so all day yesterday. On the one hand, the bullishness in the Dow Jones helped the Dax, but the weakness in the tech […]

eurusd

EUR/USD Bounces from Support and Threatens with New Highs

The EUR/USD pair is back with a vengeance. After it traded with a bearish tone for the entire month of January, the trend reversed in February as it bounced from an important confluence area. A confluence area is given by both dynamic and support levels. The market finds multiple elements […]

DAX

Dax Index Triple Top Suggests More Downside Possible

Dax index failed to hold above the 14,000 level and now trades with a bearish tone. While the series of higher lows remains in place, the market looks vulnerable to more downside. The Dax followed the stock market exuberance seen since last November. From the moment that the pharmaceutical companies […]

EUR/JPY: Massive Rising Wedge Pattern on the Daily Timeframe

The EUR/JPY cross was one of the top-performing currency pairs since the 2020 stock market drop. Ever since it bounced and formed what appears to be a rising wedge pattern. The Euro remains well bid, especially against the JPY and the USD. Other Euro pairs do not witness the same […]