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 Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish After the bearish impulse on April 13, LTC dropped to $40 low. The selling pressure was caused by price as the pair reached $47 overbought region. Sellers pushed prices down to $40 low. This provides buying opportunities as […]
Google’s queries for “Bitcoin Halving” soared beyond all levels shown in 2016 in this last year. Statistics reveal that many people search for details about the block-reward halving of the first and largest crypto-currency until it happens in mid-May. Search queries in cryptocurrencies are also among the strongest methods to assess retail demand. The halving […]
Key Resistance Zones: 24000, 25000, 26000 Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: Bearish The index is still trading below the resistance at 18000. Italy 40 has not been broken since March 25. Today the bulls are testing the resistance zone but were resisted. The market will rise to a high […]
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 is currently in a sideways move. The market is ranging between the levels of 106 and 110. Recently, the pair traded to the high of 112.228. At the recent high of 112.228, the market reached […]
USDCHF Price Analysis – April 14 In the European session, the greenback selling resurgence increased momentum and pushed the USDCHF pair to new two-week lows around the area of 0.9620-00. In addition to a broad-based USD weakness, the drastic drop defied any obvious fundamental impetus and also appeared somewhat unchanged by a turnaround in global risk sentiment. […]
S&P 500 Price Analysis – April 14 Guarded optimism that the global coronavirus pandemic may have begun to nosedive pushed the S&P 500 higher in the European session on Tuesday past the 2800 psychological mark during Asia session. Steady growth is likely to continue, as the COVID-19 impacts the majority of businesses. Key Levels Resistance […]
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’s major battle is at the $0.20 resistance. Before now the bulls have made two unsuccessful attempts at the resistance. The upward move is temporarily resisted at $0.19 but it is continuing its consolidation above $0.18. As the consolidation […]
Despite the course of the global COVID-19 epidemic and fears about continued quarantines and slowing growth, it appears that many people across the globe are shifting to cryptocurrencies, Russia is no exception. During the ongoing coronavirus epidemic, people in Russia are now progressively involved with crypto platform services, as shown by reports from cybersecurity company […]
Key Resistance Zones: 13600, 14000, 14400 Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: Bullish The index has continued to push upward as the resistance at 20000 has been breached. The price also has broken the 21-day SMA which was earlier a resistance. However, the market is likely to face another resistance […]
