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.
Key Resistance Zones: 5900, 6000, 6100 Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: Bearish The index is currently falling and it is reaching the low of 4378. The bulls have made three unsuccessful attempts at the 4500 resistance. The market is testing the support of the 21-day SMA. Breaking below the […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish Litecoin is trading at $40.58 which is above the previous range bound zone of $36 and $40.The bull’s upward move has been restricted below $43 resistance. Buyers have earlier been repelled at the $47 resistance when the coin […]
Since 2019, the Bitcoin (BTC) ATM technology sector has skyrocketed at a 70% pace. A total of Bitcoin ATMs have now crossed 7,500 in various parts of the world. Notwithstanding existing legal crypto-currency obstacles, with 5,422 working Bitcoin ATMs already in business in the United States alone as announced in the news on 20 April 2020. Global […]
Key Resistance Zones: 24000, 25000, 26000 Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: Bearish The index is now in a downward move as the bulls fail to break the resistance at 18000. The bears have broken the 21-day SMA. The downward move is likely to continue as price is below the […]
Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Ranging The USD/JPY pair was earlier in a bullish trend. The bullish trend was terminated when the market reached the overbought region of 112.228. The market fell to a low of $104.992. Incidentally, price fell to the oversold region […]
USDCHF Price Analysis – April 21 The USDCHF pair tug of war between lackluster gains/slight losses and stayed limited through the early European session in a small trading range, past the 0.9700 mark. In the absence of early important releases of macroeconomic data and fundamental events on the 2nd day of the week, risk sentiment […]
S&P 500 Price Analysis – April 21 S&P 500 depicts the return of suspicion in the early Asian session on Tuesday, following a recent risk-on. The S&P declined 0.64 percent to 2.778.7 level and the S&P 500 upside rally lost momentum during the European session as market declines beneath 2800 level. Key Levels Resistance Levels: […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple has continued to sink after failing to hold above $0.18. Its initial battle was at $0.20500 resistance. After two unsuccessful attempts to break it, it was repelled to $0.18 low. The bulls regrouped and moved up but were […]
BitMEX exchange is the new crypto-centered firm to give to different organizations supporting COVID-19 humanitarian efforts. HDR Global Trading Limited, the exchange provider, disclosed the offer in a release on April 20, 2020. $2.5 Million Aid Offered by BitMEX According to the release, HDR Global Trading has launched its COVID-19 Response Fund and will contribute […]
