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.
USD/CAD is trading in the red on the H4 chart at 1.1516. It has dropped as the Dollar Index has slipped lower from 92.35 today’s high. DXY’s further decline after the US data release could bring further drop in USD/CAD. Technically, USD/CAD is still expected to drop despite the most recent rebound. The price has […]
NZD/USD is trading in the green at 0.7012 at the moment of writing. It has decreased a little today but the bulls are still strong as the DXY is bearish. The pair could register sharp movements during the week as the US is to release high-impact data. Technically, the price action has signaled that the […]
AUD/JPY decreased a little in the short term, but the upside pressure is strong. The support area holds, so an upside breakout is favored. In the short term, the pair dropped as the Yen was boosted by Nikkei’s sell-off. AUD/JPY increases right now even if the Japanese Unemployment Rate, Prelim Industrial Production, and the Housing […]
Defi coin is located at 1.4453 at the time of writing and it seems determined to resume its growth. Despite some spikes higher, DEFC_USDT has consolidated around the current levels, so the bias is bullish. It has stabilized far above the 1.0000 psychological level which is very important. Personally, I believe that we’ll get fresh […]
GBP/USD is strongly bullish today as the DXY drops. The pair has decreased a little in the short term, but only to retest the immediate support levels. Making a new higher high could really announce further growth. The US New Home Sales indicator will be released today and is expected at 800K higher versus 769K […]
EUR/USD moves somehow sideways in the short term. It’s located at 1.1796 level higher versus 1.1779 today’s low. The price action signaled that the pair could resume its rebound. It remains to see how the pair reacts around the ECB monetary policy meeting. Definitely, the Monetary Policy Statement and the ECB Press Conference could bring […]
EUR/CHF is trapped within a triangle pattern. An upside breakout from this pattern could activate a strong upside momentum. The pair moves sideways in the short term signaling that the downside movement could be over. The ECB monetary policy meeting could be decisive tomorrow. This high-impact event could bring a clear direction. The European Central […]
EUR/JPY has reached a strong support zone, so it could turn to the upside soon. The pair tries to escape from a minor down channel, a valid breakout could indicate a potential strong growth. The Japanese stock index has rebounded, that’s why the Yen has lost ground versus its rivals. The BOJ maintained its monetary […]
GBP/USD rallied and now it stands at 1.3870 level higher versus 1.3813 today’s low. It has increased as much as the 1.3898 level but it has slipped lower as the US Dollar Index has rebounded. The Pound has jumped higher even if the Unemployment Rate increased to 4.8% from 4.7%. The UK Claimant Count Change […]
