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.

DAX index

Dax Index: Bullish Price Action Persists While at Dynamic Support

The German Dax index continues its bullish run that started last November. From the moment when vaccines against COVID-19 were announced, the stock market indices in the developed world broke higher decisively. The Dax index is just one example, but the same happened in the United States with the major […]

Ripple Price Prediction: Bullish While Above Major Support

The cryptocurrency market had a difficult time in the last several weeks – it entered the bearish territory, sparked by a move lower in Bitcoin. Other altcoins declined in sympathy with Bitcoin, Ripple being one of them. But the Ripple price predictions look bullish here, providing the cryptocurrency remains above […]

EUR/USD On Its Way to 1.17 As Suggested By a Bearish Flag Pattern

The US dollar gained after the Fed’s last meeting, but the gains were partially offset in the week that followed. However, the bounce from the lows remains insignificant for the EUR/USD pair, as the consolidation resembles a bearish flag formation. Such a pattern might have horizontal consolidation or one that […]

Virgin Galactic Stock Price: Monster Rally After FAA Approval

Virgin Galactic stock price has surged in after-hours trading after the Federal Aviation Administration (FAA) gave its approval for a full commercial launch license. The stock price did bounce strongly from the recent lows, and now threatens to make a new higher high on the back of the positive news. […]