Nikolas Papas

S&P 500 Testing the 100-Day SMA Critical Support

S&P 500 open lower on Friday on worries that the rising number of new infections will halt the economic recovery…

Sep 25, 2020, 15:35 BST

USDNOK Breaks Above 200-Day SMA Is this the Beginning of A New Leg Higher?

USDNOK makes a second attempt today to break above the 200-day moving average support. Yesterday the pair managed to pierce…

Sep 25, 2020, 11:49 BST

FTSE 100 Holds Above 5,800 As Public Debt Skyrockets!

FTSE 100 trade slightly higher after yesterday’s sharp losses amid the rising number of new infections in the UK and…

Sep 25, 2020, 10:17 BST

Gold Price: Bulls Bet on a Rebound From The 100-Day SMA

Gold price trying to stabilize today after the worst week in over a month for the precious metal. Gold has…

Sep 25, 2020, 08:17 BST

Ripple Price in Fragile Rebound – Can Bears Break $0.2142 Support

Ripple price recovers some of yesterday’s sharp losses amid an improvement in the sentiment across the cryptocurrencies.

Sep 24, 2020, 14:19 BST

EURGBP At Weekly Lows After Weak IFO Survey

EURGBP extends losses for the second day after the Germany IFO surveys came below the expectations. The preliminary PMI’s from…

Sep 24, 2020, 11:54 BST

FTSE 100 Retreat Ahead of Rishi Sunak’s Announcements

FTSE 100 started the session lower as the fears for a second lockdown rise across the continent. A warning from…

Sep 24, 2020, 10:06 BST

Nikkei 225 Lower – BOJ Warns About Solvency Problems

Nikkei 225 index trade lower on Thursday mirroring heavy losses in Wall Street. The correction from extreme valuations in Nasdaq…

Sep 24, 2020, 08:51 BST

USDMXN Jumps to Monthly Highs On Upbeat U.S. Manufacturing PMI

USDMXN hits monthly highs as the rebound from six-month lows continue and might gain strength as the USDMXN breached above…

Sep 23, 2020, 16:18 BST

AUD to GBP Continues the Correction After Weak Aussie Retail Sales

AUD to GBP hit two-week lows after disappointing Australian retail sales while the Bank of England Governor Bailey yesterday downplayed…

Sep 23, 2020, 11:42 BST

EURUSD Bounce From Daily Lows After Better EU Manufacturing PMI’s

EURUSD pare some of the early losses after data showed that the manufacturing sector continues the recovery in Europe.

Sep 23, 2020, 11:23 BST

Bearish Picture for Gold Price As USD Rebounds

Gold price is under heavy selling pressure as the correction from all-time highs accelerates despite weak risk sentiment.

Sep 23, 2020, 08:41 BST