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: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishSince September 15, the bears broke below the moving averages as Gold continued its downward move. Today, Gold has fallen to the low of $1,737.84. Nevertheless, on September 22, buyers pushed Gold to the high of $1,780 but were repelled. […]
Following the restoration of risk appetite, the JPY fell sharply, while the dollar declined as well. With a robust gain on US indexes overnight, investor confidence shifted dramatically. In Asia, the Nikkei has recovered a 30k handle, while other Asian markets are weak. Commodity currencies, on the other hand, have made significant gains. The JPY […]
EURJPY Price Analysis – September 24 EURJPY rose for the second session in a row on Friday, briefly testing the range just above mid 129.00. Global equity futures indices are rising, indicating that the market mood is positive. Evergrnade’s problems fade away, although vigilance is advised. The strongest currencies in the FX market are the […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BullishPolkadot’s (DOT) price is in a downward move. The altcoin is falling as it faces rejection from the $33.60 high. In the previous price action, Polkadot was in an impressive bullish run as it reached the $34 resistance zone. Buyers retested […]
VanEck remains aggressive with pushing its crypto-related exchange-traded products as it advances its Tron ETN further on Euronext in Paris and Amsterdam. VanEck also has ETNs in Europe tracking the performance of Solana and Polkadot on Germany’s Xetra Deutsche Boerse. The multinational investment manager’s portfolio tracking the performance of various digital assets continues to grow. […]
GBPJPY Analysis – Price Continues to Consolidate GBPJPY continues to consolidate as the market’s impetus decreases. The buyers will, however, fail to reach a critical zone of 153.270 before a reversal will occur. The price failed to retest this zone before running down to react at the 151.390 critical level. GBPJPY then rallied down to […]
BNBUSD Price Analysis – September 24 The price may continue its bearish movement if the daily candle close below the $364 level, the support levels of $311 and $254 may be the target. Inability to break down the $364 level by the bears may leads to bullish trend towards $430, $503 and $599 levels. BNB/USD […]
At its September meeting, the Bank of England voted 9-0 to keep the Bank rate at 0.1 percent. The members agreed 7-2 to keep the QE program at its current level of 895 billion pounds. External members Michael Saunders and Deputy Governor Dave Ramsden advocated for decreasing the asset purchase amount to 840 billion pounds. […]
AUDUSD Price Analysis – September 23 Following the prior day’s extreme volatility, the AUDUSD pair is putting the buyer’s pledges to the test. On Thursday, the pair saw new buying near the 0.7220 low regions. The positive shift in market mood seen appears to be leading the dollar to lose strength, allowing the uptick in […]
