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.
S&P 500 Price Analysis – February 18 The S & P 500 retreats after a pivoting from a historic high of 3,393.8 level recorded on Monday. Although its price is consolidating, the upward movement for buyers stays untouched, as the market may push to new historical highs. Key levels Resistance Levels: 3450, 3400, 3390 Support […]
Key Resistance Zones: $60, $70, $80 Key Support Zones: $40, $30, $20 XMR/USD Long-term Trend: Bullish Monero reached its peak price of $96 after a rebound from the low of $60. The bulls could not sustain the upward move as the price was resisted and a downward move ensued. At the $96 price level, the […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish In its bullish run, Ethereum reached a high of $290 on February 14. Before this time, the bulls have to battle with knotty price level at the resistance at $175, $225 and the current resistance at $290. At the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin is falling after the bulls fail to overturn the overhead resistance at $10,400. The resistance at $10,400 has been a strong resistance since August 2019. The bears have succeeded in breaking the support at $9,800. This […]
EURUSD Price Analysis – February 17 The EURUSD pair is trading near the Friday multi-year low of 1.0827 level, showing small targets to move in one direction or another, as the daily high was set at 1.0850 level. Insufficient European macroeconomic calendar and US markets during the holidays are behind the lack of trade interests. […]
USDWTI Price Analysis – February 17 The loss of oil request in China and around the globe because of the outbreak of coronavirus is noteworthy, yet stays obscure both in scale and in the term, while the planning and size of the potential decrease in OPEC + production likewise stay exceptionally unknown. Key Levels Resistance […]
In May 2019, the Russian Prime Minister announced at the St. Petersburg International Legal Forum that digital assets are “not applicable” and that their popularity has “waned,” according to BeInCrypto Russia. Many attribute this to the fact that the government is not purposeful on blockchain technology and its supervisory territory. This does not appear to […]
The regulatory outlook of bitcoins and cryptocurrencies in the United States has long been choked by the emerging cryptocurrency sector, while several embraced more supportive zones such as Switzerland. “The general populace understands the clear guidelines of Europe on cryptocurrency storage, exchange registrations, laws for issuing payment tokens, utilities and security,” said blockchain pioneer and […]
GBPUSD Price Analysis – February 16 GBPUSD rebounded from the daily low of 1.3000 to complete the previous week without changes near the level of 1.3050 and up during the week. The FX pair held back on recent successes caused by shifts in the UK cabinet that ended with Rishi Sunak becoming the new Chancellor […]
