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.
XAUUSD Price Analysis – March 20 Through Friday’s early European session, Gold continued to gain some positive momentum into American session as it spikes to fresh daily tops around the $1500-17 range. Coordinated efforts by central banks around the world helped ease market fears over tightening liquidity conditions and triggered some USD profit-taking, all against […]
Key Resistance Zones: 7000, 7100, 7200 Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: Bearish Australia 200 is currently in a downtrend as it approaches the low of 4800. At the low of 4800, the market has already reached the oversold region. Since on March 12, the price has been consolidating above […]
In a company blog post, Ripple revealed their new collaboration with Thai fintech startup DeeMoney. It looks like it’s a mutually beneficial match. DeeMoney is already experienced in remittances and will now be able to process live transfers at the “lowest fees and competitive rates” thanks to RippleNet, Ripple’s global financial payment network. DeeMoney also […]
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bearish On March 16, BCH fell to the low of $164 and the bulls buy at the lower levels of the market. The coin made an upward move as a result of the purchase. BCH has risen to $191 […]
AUDUSD Price Analysis – March 19 The Australian dollar has sunk to the lowest since Thursday, October 2002, after Australia’s central bank lowered interest rates to 0.25%. Despite plummeting to 0.5506 level, AUDUSD pair spiked to fresh session tops in the last hour to about mid-0.5800s level but then stabilized after about 50 pips move […]
USDWTI Price Analysis – March 19 Amid many attempts so far this Thursday to expand the recovery momentum beyond the $24 price level, WTI (oil futures on NYMEX) has entered a consolidated mode over the last few hours as investors evaluate the efficacy of the new global stimulus steps to counter the economic impact of […]
Fears about Bitcoin being banned in Russia seemed to be allayed when a top Russian apex bank executive categorically claimed in a study that Bitcoin can not be banned. Bank of Russia’s legal department director Alexei Guznov has been caught saying in a recent article that a ban on cryptocurrencies will be a Hercules mission. […]
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 downward move after breaking the 5500 support. The bears broke the support, then came back to retest that same level. The market dropped sharply to the low of 3732. Meanwhile, the […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish On March 12, after an initial breaching of $50 to $48, the downtrend resumed to a low of $30. The price moved up and then resumed consolidation above the current support. The market is consolidating between $30 and […]
