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.
USDCHF Price Analysis – November 16 Around 0.9237 low, the USDCHF pair picks up steam adding to the previous day’s gains, up 0.55 percent to 0.9294 intraday high during the American session on Tuesday. The USD rose to near 16-month highs as market expectations grew that the US central bank would be compelled to act […]
ADA Price Analysis – November 16 In case the bears successfully break down the support level of $1.87 and the daily candle close below it, then the support level of $1.64 and $1.46 may be tested. When the support level of $1.87 holds, price may break out at the resistance level of $2.30 and face […]
Bitcoin (BTC) suffered a >8% crash on Tuesday, despite previously recording a successful network upgrade. The primary cryptocurrency bottomed at the $59,000 low earlier today, effectively erasing all the gains recorded in November. Additionally, BTC has dropped by 11.75% over the last seven days from a record high of $69,000 on November 10. Meanwhile, the […]
AUDJPY Price Analysis – November 16 AUDJPY restarts consolidation movement above the 83.110 significant level in a bid to keep the market in contention for higher levels above the monthly resistance at 85.830. A strong surge from the market wasn’t strong enough to crack the monthly resistance at 85.830 and, as a result, the price […]
NZDUSD Price Analysis – November 16 NZDUSD finds market support around the midway line of its consolidation zone. The market has been struggling to hold above the 0.71300 price line for a while, spanning up to 16 trading days. This happens such that price even dropped to the next support at 0.70900 but recovered in […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD is in a downward move. The Pound is making a series of lower highs and lower lows. The pair has fallen to a lower low of 1.3358. Today, the currency pair is rising on the upside to make a […]
HighlightsSolana retraces to $236 lowSOL/USD rallies to $260 high Solana (SOL) Current StatisticsThe current price: $236.86Market Capitalization: $121,293,789,737Trading Volume: $2,391,079,319Major supply zones: $280, $300, $320Major demand zones: $160, $140, $120 Solana (SOL) Price Analysis November 15, 2021 Solana’s (SOL) price has been trading above the moving averages. The market is retracing to the support above […]
The Japanese yen has had a slow start to the week. The USD/JPY exchange rate is currently at 113.88, up 0.10 percent for the day. Japan’s GDP shrank in the third quarter, which was not surprising given that a state of emergency remained in place for Tokyo and the surrounding territories until the end of […]
EURUSD Price Analysis – November 15 The EURUSD remains under a lot of pressure but appears to be regaining some ground above the 1.1400 area at the start of the week. In the near term, the extension of the downturn appears to be more likely as the pair stays unsure of its course after registering […]
