Gold price retreat back to the 1,800 mark after failing to break above the nine-year highs failing to capitalize yesterday the pressure in risky assets amid worries of second coronavirus wave
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.
FTSE 100 trade lower as the rising new coronavirus cases increase investors fears for a second lockdown. Economic data earlier showed that the UK economy grew 1.8% on the month in May as the economy started the reopening.
Asian shares retreat today after some states in the U.S. cancel the reopening as the new coronavirus cases continue to rise. Arizona, Texas and California have shut down the restaurants, bars and cinema.
Moderna MRNA stock jumps today on speculation that coronavirus vaccine mRNA-1273 will provide positive results and will get big order in the news future. Nasdaq also said that it would add the stock to the Nasdaq 100 index.
USDSEK hits monthly lows today as the risk-on sentiment drives investors away from the safe-haven assets such as USD. The pair is moving clearly on risk sentiment, and as long as investors risk appetite rises
Nasdaq futures started on positive foot the week on optimism about coronavirus drug from Pfizer ahead of the earnings season that begins tomorrow. Investors continue to ignore the rising number of new COVID-19
Tesco share resumed a downward trend after Friday’s positive session. Tesco shares traded lower for eight straight sessions the previous two weeks. Despite the impressive rise in sales for the first quarter,
Ripple price stops for breath between the 100 and 200-day moving averages after the recent rally that drove the price from the early July lows at 0.1750 above the 0.20 mark as the bulls are gaining traction above the 100-day moving average.
GBPUSD pare morning gains after a third attempt to the 200-day moving average and as of writing the pair turns to negative territory. British pound runs an impressive rebound from the end of June lows at 1.2250
FTSE 100 starts the week higher supported by positive sentiment in Asian markets amid hopes of the Gilead’s Remdesivir coronavirus drug. Investors will focus on the earnings season that kicks off tomorrow with the U.S.
Asian markets trading higher while Nikkei 225 climbed to monthly highs as the positive momentum in the region continues ahead of earnings season and the GDP figures from China with expectations
Alibaba retreat from record highs that register yesterday amid a strong rally in the technology sector in USA and China. AliExpress Russia announced that it is targeting for annual sales of $10 billion by 2022-2023