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 maintains a bullish bias after escaping from a minor chart pattern. Also, it has managed to stay above the daily pivot point (1.2498) indicating strong buyers. Higher inflation reported by the US boosted the greenback in yesterday’s session. USD/CAD has slipped lower in the short term, but the bias remains bullish. You should be […]
GBP/JPY moved sideways in the short term trying to accumulate more bullish energy before taking out a major downtrend line. It has tested and retested the weekly pivot point and now it tries to come back higher. The Pound could drag the pair higher as the UK inflation data have come in better than expected. […]
GBP/USD dropped significantly today but it maintains a bullish bias. It has escaped from a reversal pattern, so it is still expected to increase. DXY has rebounded, helping the USD to increase a little versus its rivals. The US CPI is expected to increase by 0.5% in June after a 0.6% growth in May. Moreover, […]
EUR/GBP dropped a little in the H1 chart at the time of writing trying to retest the support levels (resistance has turned into support). The bias is bullish in the short term after breaking above the downtrend line. The pair is somehow expected to increase after some poor UK data reported today. The GDP increased […]
USD/CHF plunged today as the DXY registered an aggressive sell-off. The pair has reached strong resistance, so DXY’s drop signaled a potential correction on this pair. The US Dollar Index has shown some overbought signs in the short term. Its bearish divergence signaled that it could slip lower again. It seems that the USD bulls […]
GBP/JPY changed little in the short term after passing above upside obstacles. It has decreased a little to retest the broken downtrend line and it could start increasing again soon. It moves sideways in the short term but I really hope that we’ll have a good trading opportunity after ending its range. The Pound could […]
GBP/USD has found strong support in the short term and now it looks to trade higher. The Pound is bullish right now even if the UK’s data have come in mixed earlier. The Current Account was reported at -12.8B higher versus -13.9B expected and compared to -26.3B in the previous reporting period. The Final GDP […]
CAD/JPY has decreased a little in the short term trying to capture more energy before resuming its upwards movement. An upside breakout is imminent as the JP226 (Nikkei) could resume its growth. A temporary decline was expected after its amazing rally. It could increase as long as it stays above the immediate support levels. Canada […]
USD/CHF drops right now as the DXY is trading in the red. Still, the decline could be only a temporary one. The price action has developed a potential upside continuation pattern. The rate has escaped from this pattern, but we still need confirmation before going long. The USD could take the lead again if the […]
