Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.
Bulls’ momentum may increase in USDCHF market USDCHF Price Analysis – 05 May The $0.88 barrier level may be broken if sellers apply enough pressure, and the downward trend may continue to the $0.87 and $0.86 levels. If buyers are able to hold the $0.88 support level, the price may advance past the $0.89 resistance […]
Binance Coin market awaiting a breakout BNBUSD Price Analysis – 05 May Binance Coin may hit its most recent highs of $333 and $345 and eventually close at the psychological level of $361 if buyers get further traction. The $314 support level can be broken on the downside, probing the $300 and $286 support levels, […]
Market Analysis – May 2 The US 30 Bulls have attempted to rise beyond 34381.0 key level but have failed multiple times. The last attempt on the first of May has led to the formation of a double-top bearish reversal pattern below the stiff resistance zone. US 30 Key Levels Demand Levels: 32751.0, 31718.0, 30171.0Supply […]
Market Analysis – May 4 FTSE 100 is currently reversing in the premium region of the last bearish displacement on the 24 hour chart. The lower timeframe market structure has exposed the change in market direction, with the bearish reversal at 7887.0 FTSE 100 Key Levels Demand Level: 7622.0, 7311.0, 7079.0Supply Level: 7887.0, 8200.0, 9000.0 […]
The price had moved by 2.82% today and has subsequently pushed it to the second spot on the daily crypto movers list. Since around April 16, price action in this market can be said to have been consolidating within a moderately wide range. Consequently, the price increases noticed today aren’t exceptional. However, let’s take a […]
Market Analysis – May 4 The market trend is well defined by the downward-sloping channel on the daily timeframe. The demand level of 0.9770 halted the descent of the price, causing a false breakout and an abrupt reversal in March. The demand level is still well-defended, as the price decline was stopped upon the test […]
Market Analysis – May 1st GBPUSD is making its third attempt since November to bridge the resistance zone of 1.2459. The contention at the key level has been so stiff that the market has remained in the zone for a few days. GBPUSD Key Levels Demand Levels: 1.1900, 1.1100, 1.0700Supply Levels: 1.2450, 1.3100, 1.3700 GBPUSD […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY has retraced above the moving average lines as it resumes a new advance. After establishing support above the moving average lines, the Yen has resumed a new advance. The preceding rise came to a stop at a high […]
Market Analysis – May 3 USDCAD remains bullish despite a false breakout at diagonal support. While the overall trend is weakly bullish, the directional bias of USDCAD is bullish. The price is likely to keep appreciating until a successful breakout occurs on the downside. USDCAD Significant Zones Demand Zones: 1.32260, 1.27280 Supply Zones: 1.38620, 1.39780 […]
