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.
AUDJPY Price Analysis – August 23 AUDJPY is likely to make a progressive pullback before resuming its current bearish trend. After breaking through the trendline and then a key support zone at 80.200, AUDJPY broke another significant key area at 79.000. There is a change in the market as bulls start to apply pressure, which […]
GBPUSD: UK Flash PMI reports for August were mixed. The manufacturing PMI fell slightly to 60.1 (July: 60.4). Despite a 5-month low, this reading indicates strong expansion, as it is well above the neutral level of 50. Consumer demand remains strong, but producers are unable to keep up due to a lack of raw materials. […]
Key Highlights BCH faces rejection at $715BCH/USD is range bound between $620 and $715 Bitcoin Cash (BCH) Current StatisticsThe current price: $671.51Market Capitalization: $14,101,658,243Trading Volume: $2,949,463,991Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis August 16, 2021 Binance Coin (BCH) rallied to $715 but resumed sideways move […]
EURUSD Price Analysis – August 23 During the American session at the start of the week, the EURUSD pair traded near a daily high of 1.1743, extending Friday’s rally off lows near the 1.1660 level. In August, however, data in Euroland showed that German and EMU PMIs fell short of forecasts. Key LevelsResistance Levels: 1.1908, […]
NZDUSD Price Analysis – August 23 NZDUSD is likely to continue a downtrend as it appears to be trading above the 0.6800 significant level. The downtrend is perceived to be strong due to a range of consolidations. This consolidation is between the 0.70300 resistance key level and the 0.6900 support level. Because of this accumulation, […]
Investor euphoria is back in the market again, and this time it is driving Cardano (ADA) higher. While Bitcoin has reclaimed the $50k line after a 3% rally which has sparked excitement in the market, Cardano stole the shine with a 12% rise over the past 24 hours and trades at $2.8200. The recent rally […]
Bitcoin SV Price Analysis – August 23 When the bulls increase their momentum, the price may break up the barrier at $185 level and the key resistance level at $217 may be tested, further increase may push it to $233. In case the bears oppose the bulls at $185 level, price may reduce to the […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 is still in a sideways move below level 15200 since July. In August, buyers retested the resistance zone twice but were repelled. On August 17 retest, NAS100 fell to level 14800. Today, buyers are pushing the price to […]
Dollar: Concerns about the rapid rise of Delta variant and the return of lockdowns, as well as the Fed’s tapering and China’s downturn, weighed heavily on market mood last week. A Fed hawk’s softening tone on tapering offered optimism a late boost, but it was unclear whether it would last. The top currency was the […]
