USDSEK upside bias continues today after the Riksbank kept the interest rates unchanged at 0% as was expected by analysts. The monetary meeting added nothing new
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.
Ethereum is trying to stabilize after yesterday’s sharp sell-off which drove the price almost 40 dollars lower. Fears of a second lockdown in many countries drove investors away from risky assets.
GBPUSD trading lower for the third consecutive trading session on fresh worries for a second lockdown in the UK as the sentiment remains fragile after the sharp correction in Wall Street.
ASX 200 index continues lower for the fourth straight session. The correction has accelerated after the index breached below the 100-day moving average the previous week.
Lloyds share plunge to the lowest level since December 19, 2011, on reports of a banking scandal that rattles the sector across the globe.
FTSE 100 slumps to the lowest level since September 7 as the coronavirus cases continue to rise in the U.K. and Europe while a report about a banking scandal rattles the banking sector.
AUDUSD consolidates around 0.73 as the pair has lost the strong momentum after the Fed decision and statement the previous week that helped USD to rebound from almost two-year lows.
Gold price trades higher today after yesterday tested and rebounded from the 50-day moving average. Recent economic data shows that the recovery has stalled in August.
Brent crude oil price continues higher for the fourth straight day trading above $43. Crude oil price lost over 6.5% the previous week
FTSE 100 slide in early trading despite the retail sales showed improvement for the fourth straight month as the recovery continues after the easing of lockdown.
ASX 200 index ended flat on Friday after a weak session in Wall Street as the big tech companies continue to drag the Nasdaq lower. Federal Reserve failed to impress investors
EURGBP turned higher after the announcement of the Bank of England decision and statement. The Bank of England kept the interest rates unchanged at 0.10%