Bitcoin price trades lower for the third straight day as the correction from recent highs at 12,472 continues. Bitcoin correction follows the pullback in risky assets after the Fed warned markets
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.
Dax index started the trading day lower after a correction from record highs in Wall Street. The pullback triggered by Fed cautious stance on the world’s top economy.
ASX 200 index retreat today as investors took some profits off the table after the Federal Reserve in its latest minutes noted the uncertainties in the U.S. economy.
Apple made history today as the market capitalization surpassed 2 trillion after the stock hit $468.65 in early trading. Apple stock is 58% higher this year and has gained over 120% since the March lows.
USDCAD continues the sharp correction reaching seven-month lows as the sell-off in USD continues across the majors. Risk-on sentiment continues to support Canadian loonie
EURGBP tested the 0.90 mark for the second time the last five trading sessions and managed to rebound. Investors focus has shifted to the new round of negotiations between the EU and UK, which started in Brussels yesterday.
Dow Jones futures point to a positive opening in the cash market as the risk-on sentiment continues amid a sell-off in USD. Investors continued to bid on risky assets as Nasdaq and S&P 500
AUD to GBP trades higher today after an unexpected rise in the UK CPI. The United Kingdom Consumer Price Index reported at 1% above the estimates of 0.6%.
FTSE 100 starts the session muted after UK inflation jumped in July surprising investors. The United Kingdom Consumer Price Index climbed at 1% beating the forecast of 0.6%
Nikkei 225 managed to end higher the session following Wall Street indices as Nasdaq and S&P 500 made fresh record highs. Investors sentiment boosted by better than expected earnings reports
WTI crude oil price seesaws around the five-month highs but off the daily high after earlier today hit 43.30. Positive sentiment around the demand for crude oil continues as Wall Street indices hit record highs.
EURUSD jumps to the highest level since May 14, 2018, as the sell-off in USD continues across the board. The U.S. dollar index DXY hit two-year lows at 92.35.