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.
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is in an uptrend but faces rejection at the recent high. The index declined to level 7198 and resumed an upward move. Presently, the index is above the 50-day SMA and below the 21-day SMA. The uptrend will […]
The dollar continues to rise today, with the greenback holding firm after better-than-expected unemployment claims statistics. On risk-off mood, the yen is the second strongest currency, with major European indices and US futures in the red. The US economic growth rate in the third quarter was revised up to a tenth of 2.1%. Driven by […]
S&P 500 Price Analysis – November 24 The S&P 500 maintains its negative correction from just shy of the 4750 mark reached on Monday. The index will likely close on the next level of downside contention near 4,650, implying a negative close ahead of the long weekend. Higher US Treasury yields have a negative influence […]
HighlightsEthereum fluctuates between $3,960 and $4.400Ether trades in a sideways trend Ethereum ETH) Current StatisticsThe current price: $4,210.54Market Capitalization: $498,828,588,868Trading Volume: $20,506,959,943Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis November 24, 2021 Ethereum’s (ETH) price has continued to fluctuate between the two moving averages. Ether will only trend […]
Ripple (XRP) CEO Brad Garlinghouse recently expressed his optimism over the ongoing XRP vs. SEC lawsuit, noting that he expects the case to end next year. Garlinghouse made the comments in an interview with CNBC Monday. Elaborating on his timeline projection for the lawsuit, the CEO noted that: “We’re seeing pretty good progress despite a […]
STELLAR Price Analysis – November 24 An increase in the sellers’ pressure may breakdown the support level of $0.30 which may decrease the price to the support level at $0.24 and $0.22. In case the bulls interrupt the bearish movement by defend $0.30, then, price may increase towards the resistance levels at $0.35, $0.41 and […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BearishUS30USD is in a downward move. The index faced rejection at level 36400 and it fell to level 35650.70. US Wall Street 30 is now below the 21-day line moving average but above the 50-day moving average. […]
“One of the secrets few know and fewer implement when it comes to trading success is that you have to really care about doing well. These days, I see a lot of traders not caring enough, not prioritizing learning about trading, and making pathetic weak-willed excuses.” – Chris T. Perfectionism – a bane of the […]
Key HighlightsLTC price finds support above $206 Litecoin fluctuates between the moving averages Litecoin (LTC) Current StatisticsThe current price: $213.17Market Capitalization: $17,978,799,593Trading Volume: $1,895,430,106Major supply zones: $200, $220, $240n the Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis November 23, 2021Litecoin’s (LTC) price has been in a downward move. On November 18, the […]
