Dax index started the session sharply higher halting three days of loses mirroring Wall Street indices as investors ignore the rising number of coronavirus cases in the USA and the local lockdowns.
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.
Asian markets are trading higher on hopes of a fast recovery which mostly supported by fiscal and monetary stimulus from the central banks and governments around the globe.
Facebook hit fresh record highs yesterday while today managed to reverse early losses despite the critics by civil rights experts that the company made some decisions that were significant setbacks for the civil rights.
EURUSD managed to rebound today recovering some of yesterday’s losses but stays below the 1.13 mark. Concerns yesterday about the rising number of coronavirus cases in the USA and Australia shift investors attention to safe-haven
The Dow Jones futures point to a slightly positive opening in the cash market after yesterday’s losses. Risk appetite took a hit on the chin yesterday as the number of coronavirus cases continues to rise in the U.S.A.
Bitcoin price builds cautiously on positive momentum above the 9,000 mark after it failed twice at the 50-day moving average. BTCUSD is trapped between the 9,000 mark and the 50-day moving average
EURGBP trades lower for second straight day approaching the critical support at the 100- day moving average as investors follow the Chancellor Rishi Sunak's mini-budget. Rishi Sunak is expected to announce
Brent crude oil price started the session lower on Wednesday after oil stockpiles data came in above the expectations. The Energy Information Administration's (EIA) said yesterday that U.S. crude oil
Asian stocks trading mixed as traders follow the news about the rising number of new coronavirus and turn their attention to safe-haven assets such as gold which is approaching the 1,800 mark.
Apple makes fresh all-time highs with the capitalization now at 1.62t after another hike in price target by analysts. Apple is taking advantage of the lockdown as more and more consumers staying at home and downloading apps.
Ripple price retreat today giving up some of yesterday’s sharp gains that breached the down trend line that formed since the June 2 top. Ripple rally yesterday cancelled the recent bearish momentum as the XRPUSD boosted by the rally in Chinese equities
USDSEK continues lower for the sixth consecutive day, making fresh monthly lows in a volatile trading session. Investors cheered today better than expected Industrial production data.