Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms.
Bitcoin changed little during the weekend and after the last aggressive sell-off. It’s traded at 49,740 being located under broken downside obstacles. The bias is bearish in the short term after escaping from a major Rising Wedge reversal pattern. Still, the current corrective phase could end soon after the rate reaches strong support levels. The […]
EUR/USD moves sideways in the short term trying to accumulate more buying energy before jumping towards new highs. The pair rallies as the US Dollar Index plunged in the last hours. EUR is strongly bullish again as the Euro-zone Flash Services PMI and Flash Manufacturing PMI have come in better than expected earlier. The services […]
AUD/USD remains bullish in the short term despite the last strong decline. It’s traded at 0.7747 level versus 0.7764 yesterday’s high. The price slips lower at the time of writing only because the US Dollar Index has rebounded a little. Today, we may have high volatility on all markets during the ECB. Also, the US […]
DAX 30 stock index drops at the time of writing after reaching a monthly resistance. Actually, a temporary decline could be natural. A retreat could help us to catch a new upside momentum. As you already know, the German index registered a new all-time high of 15,521.6, so it’s risky to buy around this top. […]
EUR/NZD is traded at 1.6746 after failing to close below an immediate downside target. The pair stands right above a strong support area. Only a valid breakdown through this zone could change the sentiment and could bring a short opportunity. The pair moves sideways in the short term, that’s why we have to wait for […]
GBP/CAD stands at 1.7466 level at the time of writing signaling strong buyers. Today’s aggressive rally may bring new opportunities. The price is almost to get out from a sideways movement. This scenario could announce further growth ahead. The Pound is strongly bullish in the short term and it could take full control. GBP/CAD’s decline […]
US500 closed the week at 4180.60 below 4191.9 new all-time high. The outlook is bullish, so the index could resume its upwards movement. USD’s depreciation helped the US stock market to hit new records. Any temporary retreat could help the buyers to go long and catch a new upside momentum even if the rate is […]
Russel 2000 index trades at 2257.85 at the time of writing and it seems ready to jump higher after invalidating a larger correction. The rate moves in a narrow range in the short term flirting also with a dynamic resistance. Technically, the index could validate a further upwards movement soon if it takes out the […]
Gold remains very attractive for traders and investors as the risk-off sentiment dominates the markets. The yellow metal has decreased a little in the short term but the bias remains bullish. It’s traded at 1,747.01 at the time of writing and it could resume its growth after making a new higher high. The US is […]
