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 upward move as price reaches the overbought region. In previous price action, WTI reached the high of $85.39 and was repelled. The index retraced to $82 low and resumed a fresh upward move. In the first uptrend, the […]
The dollar is attempting a broad recovery in the early US session, partly due to robust inflation statistics and partly due to month-end traffic. The greenback, on the other hand, has had a mixed week. The strongest currencies this week are the Australian dollar and the Swiss Franc, with the latter boosted by robust buying […]
EURJPY Price Analysis – October 29 After rising from weekly lows in the mid-131.00s, the EURJPY surge faced its first hurdle near 133.00 at the close of the week. Nonetheless, sellers have returned to the market, dragging the pair back into negative territory. The ECB meeting on Thursday did not produce any new decisions, as […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: RangingGold (XAUUSD) is falling after rejection from the $1,820 resistance zone. Today, the bears are attempting to break below the moving averages. Since July 15, buyers have failed to keep the price above the $1,820 overhead resistance. In previous price […]
GBPJPY Analysis – Price Will Push Further Above 155.800 Significant Price Level GBPJPY will push further above the 155.800 significant price level. The market has begun with bullish strength and is now seen accumulating. This price accumulation deals with the buyers’ and sellers’ controversies. GBPJPY, following this indecision phase, will eventually give room for price […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: Bullish Today, Polkadot’s (DOT) price is trading above the moving averages. Buyers pushed the altcoin to the high of $45.76 but were resisted at the recent high. The cryptocurrency fell to the support above the 21-day SMA. Simultaneously, the altcoin has […]
Shiba Inu (SHIB) recorded an extraordinary rally this week as it crushed record highs after record highs. The second-largest meme coin printed a new record high yesterday at $0.00008854 before recording a double-digit drop. Shiba Inu’s market capitalization recently crossed the $40 billion mark, which pushed it into the top ten crypto rankings and helped […]
BNBUSD Price Analysis – October 29 Ability to break up the $503 resistance level may increase the price to $599 and $678 resistance level. Inability to break above the resistance level of $503 may reduce the price of Binance coin to $430, $364 and $311. BNB/USD Market Key levels: Supply levels: $503, $599, $678 Demand […]
The outcome of the ECB meeting was essential as expected. Policymakers admitted that inflation was higher than expected, but they minimized the need to raise rates sooner. All monetary policy measures remained unchanged, with the main refinancing rate, marginal lending rate, and deposit rate all remaining unchanged at 0%, 0.25 percent, and -0.5 percent, respectively. […]
