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.
S&P 500 Price Analysis – January 19 At the time of writing, the S & P 500 stays up, remaining in positive territory, at the same time, investors are riding on the phase-one trade deal between U.S and China. The S & P 500, thanks to its strong Wall Street performance, is modestly higher and […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is still trading in the bullish trend zone. We have entered the fourth day as Bitcoin continues to struggle below the $8,800 resistance level. On a daily bases, the bulls will test the resistance level and […]
Key Resistance Levels: $275, $300, $325 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Bitcoin Cash has made a tremendous move to a higher price level. The bullish move is very significant because it took six days to break the lower and upper price range of $200 and $240. In retrospect, BCH […]
A new bill that will exonerate personal crypto transactions from capital gains taxation has been revived in the US Congress. How the Bill Works The bill, which is dubbed “The Virtual Currency Tax Fairness Act of 2020,” will provide immunity for digital currency-related expenses that are recognized as personal transactions. This means that cryptocurrency users […]
EURJPY Price Analysis – January 17 Increased selling surrounding the European currency is driving the currency to give part of its weekly gains and plunge back to the level of 122.40. Strengthening sentiment against the US dollar on Friday puts additional pressure on other pairs, and all this follows the anticipated results of recent US […]
XAUUSD Price Analysis – January 17 Gold rose in the middle of the European session to the American session on Friday and is presently trading near the upper limit of its weekly trading range, about $ 1560 level. A sustainable movement to the level of $ 1560 was seen as a key factor for buyers […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish Surprisingly, the bulls made an impressive move as it reaches the high of $0.24. The selling pressure was overwhelming as the bears push the price to a low of $0.22. Meanwhile, if the selling pressure continues, the coin will […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish For the past three days, the bulls have been compelled to a stand still below the $9,000 resistance. Bitcoin is in a sideways move below the resistance for a few days since the upward move has been […]
AUDUSD Price Analysis – January 16 AUDUSD has dropped back from the corrective highs of the level at 0.6933 while losing the 0.69 handles today, registering a low on the level at 0.6887 in recent trade, piercing the moving average 5. Key Levels Resistance Levels: 0.7085, 0.7031, 0.6933 Support Levels: 0.6850, 0.6754, 0.6670 AUDUSD Long […]
