S&P 500 open lower on Friday on worries that the rising number of new infections will halt the economic recovery while the delay in a new relief package weighs on investors sentiment.
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.
USDNOK makes a second attempt today to break above the 200-day moving average support. Yesterday the pair managed to pierce that resistance
FTSE 100 trade slightly higher after yesterday’s sharp losses amid the rising number of new infections in the UK and Europe. A short bounce in Wall Street
Gold price trying to stabilize today after the worst week in over a month for the precious metal. Gold has lost almost 5% this week moving
Ripple price recovers some of yesterday’s sharp losses amid an improvement in the sentiment across the cryptocurrencies.
EURGBP extends losses for the second day after the Germany IFO surveys came below the expectations. The preliminary PMI’s from the eurozone yesterday
FTSE 100 started the session lower as the fears for a second lockdown rise across the continent. A warning from the Fed that
Nikkei 225 index trade lower on Thursday mirroring heavy losses in Wall Street. The correction from extreme valuations in Nasdaq and technology shares continue.
USDMXN hits monthly highs as the rebound from six-month lows continue and might gain strength as the USDMXN breached above the 200-day moving average.
AUD to GBP hit two-week lows after disappointing Australian retail sales while the Bank of England Governor Bailey yesterday downplayed the speculations of negative interest rates in the UK
EURUSD pare some of the early losses after data showed that the manufacturing sector continues the recovery in Europe.
Gold price is under heavy selling pressure as the correction from all-time highs accelerates despite weak risk sentiment.













