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 Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishSince September 7, NAS100 has been in a downtrend. The index has fallen to the low of 14356 as bulls bought the dips. The price corrected upward after falling to the low above level 14400. The upward correction was […]
CAD was the worst performer among majors, falling to its lowest level since August (CAD best performer against USD). Energy costs and robust job data fueled the Loonie’s recovery. Inflationary pressures have also fueled expectations about a rate hike by the Bank of Canada. The price of energy was a primary driver of the loonie’s […]
EURUSD Price Analysis – October 11 The EURUSD pair is under siege from sellers, dragging prices back to the mid-1.1500s at the start of the week. The recovery of the dollar’s buying sentiment, combined with higher US rates across the curve, encourages the US Dollar Index’s price action to shift to the upside. Key LevelsResistance […]
AUDJPY Price Analysis – October 11 AUDJPY bulls are driving the market upward as they seize control of the market. Buyers seem to put themselves in a driving position by leveraging on the 80.260 price level. The 80.260 price level has been acting as a middle ground between the consolidation zone of 81.900 and 78.850. […]
NZDUSD Price Analysis – October 11 NZDUSD fails to make any significant moves over the past trading week. Price remains in a bearish territory within the weekly support zone. An undulating movement sees the market touch down on the support at 0.68650 by the end of September. Following that, the price bounced back up to […]
Key Highlights BCH battles resistance at $600BCH may resume selling pressure Bitcoin Cash (BCH) Current StatisticsThe current price: $602.98Market Capitalization: $12,662,412,572Trading Volume: $1,209,902,232Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis October 11, 2021 Bitcoin Cash (BCH) is in an upward move. The altcoin is above the […]
After recording a sharp +350% rally under seven days in early October, Shiba Inu (SHIB) suffered a 41% drop amid the token’s largest dump in its trading history, Santiment reports. Following its Binance listing in May, SHIB recorded a 250% pump but later suffered a 50% drop in two days. However, the recent 40% decline […]
CEO of behemoth cryptocurrency exchange Bitmex Alex Hoeptner has made some brow-raising predictions for Bitcoin adoption. The Bitmex executive recently stated that: “My prediction is that by the end of next year, we’ll have at least five countries that accept bitcoin as legal tender. All of them will be developing countries. Here’s why I think […]
Bitcoin SV Price Analysis – October 11 Further increase in the buyers’ momentum may breakup the resistance level at $193 level and increase the price to $233 and $266 price level. Inability to break up the $193 price level may lead to ranging market or a decrease in price towards the support levels of $147, […]
