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 Bitcoin at present is approaching the low of $7,800. The current downtrend broke the critical support levels of $8,400, $8,200 and it is approaching the low of $7,800. The current selling pressure was as a result of […]
Confiscated Bitcoins and Bitcoin forks worth about $125,000 will be sold through Wilsons Auctions, an Irish auction house. The auction house is located in Ireland. Belgium will announce the sale of its confiscated cryptocurrency at noon on March 24 without a reserve of GMT, according to an announcement at Wilson auctions, which means that a […]
EURUSD Price Analysis – March 9 Overall, the coronavirus headlines are set at EURUSD, ranging from the number of cases, steps to avoid the disease, and fluctuations in correlated assets such as yields. Another increase in buying on EURUSD moved the market past the level of 1.1410/1.1450 for an intraday step to its highest level […]
USDWTI Price Analysis – March 9 WTI oil futures for April delivery is in free fall mode on Monday after a price war between Saudi Arabia and Russia caused by last week’s OPEC+ meeting. On Monday, the oil price opened 11 percent lower and trading at a $27.40 level multi-year low, though not far from […]
Chinese mining equipment giants are accused of misinforming investors about the status and safety of the company before their IPO. Canaan underwriters such as Galaxy Digital and Huatai Financial Holdings are also named in the lawsuit. One of Canaan’s shareholders sued the company for violating US securities laws. Canaan is a very popular manufacturer of […]
GBPUSD Price Analysis – March 8 GBPUSD rose one more time in the prior session while rallying towards the 1.3050 level, thanks to a weak US dollar. The greenback dropped further against G10 currencies even though the US data were better than anticipated. Key Levels Resistance Levels: 1.3514, 1.3172, 1.3080 Support Levels: 1.2900, 1.2582, 1.1958 […]
S&P 500 Price Analysis – March 8 During the prior week, the S&P 500 rallied a little, rising past the 200 MA before plunging again. This is a market that is concerned about a lot of recessionary headwinds and as a result, we are likely to continue seeing the stock market in the red. Key […]
Key Resistance Zones: 23200, 23600, 24000 Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: Bearish Japan 225 index was in an uptrend since August 2019. The index rose from the low of 20000 to 24000 in February. The index has a sharp fall to the low of 20435 after the bulls were […]
Key Resistance Zones: 3100, 3200, 3300 Key Support Zones: 2700, 2600, 2500 Shanghai SE Composite Index (SHCOMP) Long-term Trend: Ranging Generally, the SHCOMP index has been in a sideways trend since May 2019. In November and December 2019 the index was in the oversold region as buyers emerge to push the market upward. In January, […]
