ASX 200 index trade higher for the second consecutive trading session, on optimism for a coronavirus vaccine and on news that the phase one trade deal between China and USA
Job Title:
Forex Analyst
Home Location:
London, United Kingdom
Education:
Finance at Golden Gate University
Expertise:
Technical Analysis · forex · Stocks · Crypto · Writing
Knows About:
Technical Analysis · forex · Stocks · Crypto · Writing
Summary:
Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities
PositionForex Analyst
JoinedOct 07, 2021, 13:51 BST
Articles832
Nikolas Papas is a technical analyst of forex, stock market indices and commodities. His skills include technical analysis, forex, stocks, crypto and financial writing.
USDCAD hit almost eight-month lows today during the European session but managed to rebound in the early American session. The dollar shows some strength now, and the dollar index (DXY) turned positive.
Nasdaq started the session with another record high as the rally in big technologies firms continues amid positive news from the coronavirus front.
Gold price continues to improve its technical picture today as it recovers all of Friday’s losses. The precious metal is trying to stabilize after the sharp correction
BT share spiked higher on Monday, after news that the telecommunications company is preparing plans to defend a hostile takeover after the recent collapse in its share price.
GBPUSD is trying to stabilize after four days of high volatility the previous week between 1.31 and 1.3250. British pound boosted the last month from an improvement in the Bank of England
FTSE 100 started higher the first trading session of the week, mirroring a record high close in Wall Street on Friday and a strong session in Asian markets.
Asian stocks snapped two days of losses trading higher on Monday, on hopes of a coronavirus treatment. The FDA approved the use of blood plasma
Brent crude oil price trades lower in a volatile session that drove the price to the lowest level the last 15 days, amid a correction in equities and data released by Energy Information Administration
USDMXN trades sharply higher today amid risk-off sentiment which sends investors back to the USD safe-haven hub.
USDTRY trade close to daily highs after the Central Bank of Turkey left its one-week repo auction rate unchanged at 8.25% for the second consecutive policy meeting.
USDNOK continues the rebound from yearly lows boosted by the Fed minutes that released yesterday. Norges Bank released earlier today its monetary policy decision keeping the interest rates unchanged at 0%