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.
USDWTI Price Analysis – March 30 In the early Monday session, WTI slips to $19.95 price level. In doing so, the energy index stays nearly weak for so many years while posting declines for the fourth straight time since the weekend and is now looking to finish the month of March more than 50 percent […]
EURUSD Price Analysis – March 30 The market began in a risk-off mood this week with Asian shares declining and European indices following its path. The EURUSD pair trades at daily lows, close to the level of 1.1010, as the dollar is in recovery mode amid collapse at the end of the previous week. Key […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Ranging Ethereum is trading at $133 but fluctuating between $100 and $140. The bulls have the upper hand as price continues its consolidation. The bulls are testing and Ether is trading very close to resistance at $140. The chances of […]
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 has continued its downward move as the market reaches the low of $5,956. The price is fluctuating below and above $6,000. A downward move is still being expected. Analysts are of the opinion that if Bitcoin […]
The decision to remove the leveraged tokens from FTX Exchange came as a surprise to most in the cryptocurrency ecosystem. The cancellation, which is scheduled to be near completion on March 31, implies that all the leveraged tokens must be removed or turned to the Stablecoin BUSD of Binance according to their USD current value. […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bearish The US Wall Street 30 index is making an upward move as the 18000 support holds. The bulls made an upward move to a high of 22585.30 but at the moment the index is retracing […]
GBPUSD Price Analysis – March 29 The Sterling was one of the currencies which at the end of the week recovered from USD decline, with GBPUSD hitting a two-week high of 1.2485 level. The greenback is also under stress across the market, as Pound has no incentive to recover, although the pandemic is weighing heavily […]
Resistance Level: 7500, 7600, 7700 Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: Bearish FTSE 100 share is currently in an upward move as 5000 support holds. The upward move is currently facing resistance at 5750 as price retraces to 5500. The downward move has been terminated as the 5000 support holds. On […]
S&P 500 Price Analysis – March 29 The US benchmark S&P 500 index is down to 2525 level as investors start to factor in the impact of the $2.2 trillion stimulus package for the stabilization of the economy, making it the largest tax reform package ever accepted by the US. Congress. Key Levels Resistance Levels: […]
