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 Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend. Today, the index price is making an upward move to revisit the previous highs. In the previous price action, the market reached the high of $84.84 but was resisted. The index reached the overbought region as sellers […]
EURJPY Price Analysis – November 5 The EURJPY fell 0.50 percent during the day, and was trading at 130.97 at the time of writing, and is under pressure due to the central bank’s reluctance to raise interest rates. The pair fell to new 3-week lows at 130.83. Despite the following bounce off that region, the […]
The dollar is rising in the early hours of the US morning, following better-than-expected job figures. It’s currently trying to break through versus the Euro. Following the release of job figures, the Canadian dollar has also strengthened. Sterling, on the other hand, has remained one of the weakest this week as the post-BoE selloff continues. […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: Bullish Polkadot’s (DOT) price is in a downward move after its rejection from the high of $55. The new peak price was achieved after a rebound above the 21-day moving average. The rebound breaks through the $46 resistance level. The $46 […]
GBPJPY Analysis- Price Is Ready to Break Below 153.100 Significant Level GBPJPY is ready to break below the 153.100 significant level despite the bulls trying to prevent market continuation. Following a break into 156.100 significant levels, the bears’ phase intensified. This is a major price level that permits price movement to build liquidity run before […]
The Shiba Inu (SHIB) ownership concentration came under scrutiny as the meme coin continued to slide from its recent highs. According to reports, of the 872,382 wallets that hold SHIB, only ten control 72% of the total supply. Experts have expressed their concerns with this situation and that despite the abundance of transparency in the […]
BNBUSD Price Analysis – November 05 An increase in the buyers’ momentum will push the Binance Coin to break up the resistance level of $599 and if the daily candlestick close above it, then, the price may increase further to test the $678 and $759 resistance levels. Inability to break up the resistance level of […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: RangingGold (XAUUSD) has continued to be in a range-bound move. Since May, the Gold price has been fluctuating between levels $1,725 and $1,820.The market is yet to trend. The sideways move has made the Gold price to be relatively stable. […]
The pound fell substantially after the BoE decided not to raise interest rates, disappointing many who had expected a boost. The euro is currently the second weakest currency for the day. The yen and the Swiss franc, on the other hand, are rising sharply, aided by decreasing benchmark yields in Germany and the United Kingdom. […]
