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.
Gold is trading in the red at the time of writing after failing to close above 1,749.00 yesterday’s high. The price has decreased to test and retest the immediate downside obstacles. It remains to see if the buyers will be strong enough to keep the price in the bullish territory. The current decline could be […]
JP225 trades at 29,627 level at the time of writing being located within a minor range. The index moves sideways trying to find a new direction. The price is trading in the red but the outlook remains bullish. Nikkei has developed a major triangle that could bring great opportunities to the pairs that have the […]
USD/SGD dropped right after the US inflation data was released but it could still come back higher. It’s traded at 1.3419 at the time of writing after retesting the daily pivot of 1.3414. An upside reversal is somehow expected after breaking above the major downtrend line. The pair has developed a triangle on H4 which […]
NZD/CAD edged higher today and it seems determined to resume its rebound. Technically, the pair has developed a Double Bottom pattern, so it could jump higher in the short term. New Zealand Dollar is strongly bullish and it could appreciate versus all rivals and not only versus CAD. Still, we need confirmation before deciding to […]
US Oil rallies today and it seems determined to come back higher. It’s traded at 60.61 at the time of writing and it could hit new highs soon. As you already know, the price was into a corrective phase after reaching the 67.94 level. Technically, the price of oil ended its short-term corrective phase and […]
NZD/USD continues to stay near the downtrend line, at 0.7030 level. An upside breakout could signal an upside reversal. The pair may continue to increase if the US Dollar Index resumes its downside movement after its temporary rebound. The United States inflation data could be decisive tomorrow. The CPI is expected to increase by 0.5%, […]
Gold stands at 1,743 level after registering sharp movements on Friday. The price has reached a strong resistance area, so the sell-off was somehow expected. Now is fighting hard to stay higher, the next few days could be crucial. It has erased some of Friday’s losses but the rate is still vulnerable. The yellow metal […]
EUR/AUD flirts with a strong resistance area after jumping above some near-term obstacles. The pair have shown reversal signals, but we still need confirmation before going long. The price action indicated that the downside movement is over and that the pair may develop a new leg higher. The volatility is high in the short term, […]
Silver rallies at the time of writing and it stands at 25.449 level. The price has taken out the immediate obstacles signaling strong buyers. The price has developed a short-term rebound after the last massive sell-off. The current risk-off sentiment that dominates the markets could send Silver higher in the short term. XAG/USD H1 Chart […]
