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: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish On March 2, there was a price spike as Bitcoin reached a high of $7,283.50. The bulls could not sustain the upward move as Bitcoin fell to $6,828. The bears are defending intensively the $7,000 overhead resistance. […]
American citizens have indeed lost their jobs owing to the coronavirus epidemic as per a Federal Reserve report, the worst of the impact has still to begin. Last week, greater than 6.65 million people in the United States applied for unemployment claims, the latest official statistics that illustrate the massive economic effect of the COVID-19 […]
Key Resistance Zones: 7000, 7100, 7200 Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: Bearish Australia 200 appears to have resumed an upward move. The upward move has been hampered at the resistance at 5200. Meanwhile, the support at 4500 has been holding since March 23 as the market makes an upward […]
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bearish Since on March 12, the bulls have been consistent in its upward move as it broke the resistance line of the descending channel. BCH has reached a high of $230 and it is approaching the resistance at $240. […]
AUDUSD Price Analysis – April 2 The AUDUSD has struggled to stay slightly beyond the level of 0.6000 as a positive tone of pausing US equities and dollar bulls, inflating risk-sensitive Aussie, overriding rebound by increasing strength. Right now, on selling bias, the 0.6000 level may still buffer and yet the risk-reward may support a […]
USDWTI Price Analysis – April 2 WTI oil price recovers nearly 10 percent on Thursday amid improved global optimism with widespread gains and bullish bias beyond the $22.00 level. Fresh optimism amongst traders stems from attempts by President Trump to encourage Russia and Saudi Arabia to strike a bargain and close the price dispute. Key Levels […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Yesterday, April 1, Bitcoin was hovering above $6,300 as the market moved up above the breakout level to reach $6,800. Above the breakout level of $6,400, the bulls were able to push the price upward. The bulls […]
Blockstale BTM, the firm that has launched the ATM in the Lagos state’s Dazey Lounge and Restaurant, plans to introduce more than 30 terminals throughout Nigeria. “Considering most of the regulatory concerns regarding digital currencies in Nigeria, Nigerians are the top cryptocurrencies merchants in Africa,” CEO and owner of Blockstale, Daniel Adekunle, informed the local […]
Key Resistance Zones: 5900, 6000, 6100 Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: Bearish France 40 index is in a downtrend as the market reaches a low of 3750. The index is currently in an upward move because 3750 support is holding. The upward move is currently hampered by the resistance […]
