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.

Gold prices

Gold Price Poised to Correct More to Reach Horizontal Support

[adrotate group=”3″] Commodities had one of their best quarters in recent history. Gold price surged to record highs, blasting through the $2,000 level, and triggering lots of stops above. Suddenly, everybody has an interest in owning some gold so to protect the investment portfolio from inflation. And inflation, as we […]

EURUSD

EURGBP: Consolidation Continues with a Bearish Bias

[adrotate group=”3″] One of the pairs that perfectly illustrates summer trading conditions is the EURGBP cross. Since June, it just hovers around the 0.90 level. However, a breakout is imminent. Its consolidation should soon come to an end as it takes the shape of a triangle – it forms lower […]

eurusd

EURUSD Elliott Waves Count Update – Bearish Momentum In Place

[adrotate group=”3″] EURUSD trades with a bearish tone since it completed a five-wave structure. The running correction for the second wave alternates perfectly with the fourth wave’s simplicity, suggesting a top is in place. Moreover, the EURUSD pair tried twice to break and hold above 1.19. It failed at both […]

Βitcoin price BTCUSD

Bitcoin Price Consolidating, The Bias Remains Bullish

[adrotate group=”3″] Bitcoin price declined yesterday, following the general market bearish tone. Stocks, gold, or silver, also had a bad day, triggering gains for the USD across the board. For Bitcoin price, yesterday’s correlation with gold comes at a time when many look for diversification into digital assets. Therefore, if […]