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.
Silver dropped in the short term, but the bias remains bullish. The price has found strong support, so it could start increasing again. A temporary drop was expected after reaching a strong resistance level. It’s trading in the green at 27.777 level at the moment of writing trying to approach the 28.000 psychological level. USD’s […]
Gold stands at 1871.42 trying to stabilize inside of the buyer’s territory. It has decreased again after yesterday’s amazing rally to retest the near-term broken levels. The bias is bullish in the short term after the latest developments. I’ve told you in my VIP Live Session yesterday that personally, I’ll wait for the price of […]
USD/JPY decreased again in the short term but the bias remains bullish after yesterday’s rejection from a confluence area. It’s traded at 108.98 trying to come back higher and to erase today’s losses. Maybe the US Dollar will take the lead again if the US Unemployment Claims will continue to drop. The economic indicator is […]
EUR/GBP is trading in the green at the moment of writing but it could turn to the downside again after retesting the weekly pivot point. The Pound could take the lead again soon as the currency remains strong. The United Kingdom inflation data have come in line with expectations earlier. The CPI increased by 1.5% […]
AUD/JPY reached a strong resistance area and now it could drop again in the short term. Is trading in the red at the 85.00 psychological level. Registering a new lower low could activate a sell-off. The Aussie seems weak after the Monetary Policy Meeting Minutes. The Japanese Yen could take full control if the JP225 […]
EUR/USD has decreased a little today to retest the weekly pivot point and now it seems determined to resume its growth. The bias is bullish as the DXY is bearish. DXY’s further decline signals that the US dollar should depreciate versus its rivals. The pair could resume its growth after some poor US data reported […]
AUD/USD was into a corrective phase in the short term as the DXY increased a little. The pair has decreased as much as 0.7688 level where it has found strong support. Actually, the price has reached a strong support area, so a bounce-back is natural. USD depreciates again as the US Dollar Index plunges ahead […]
USD/JPY remains strongly bullish after failing to retest the uptrend line. The pair rallied as the US Dollar Index jumped higher after the US inflation data publication. The unexpected growth registered by the CPI and by the Core CPI has changed the sentiment. USD rallied after those better than expected data. DXY’s further growth will […]
US 30 was into a strong sell-off in the short term but now it has reached a strong support area. USD’s further decline could help the Dow Jones to start increasing again. Today could be crucial for the greenback as the US is to release its inflation data. Technically, the bias remains bullish despite the […]
