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: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishUSD/JPY is in an upward move. On July 2, the upward move has been terminated at level 111.00. The Yen fell to level 109.60 and resumed upward. In the first rejection in March, the currency pair plunged to level 107.50. […]
Today, GBP pays little regard to employment data, which has shown modest signs of improvement. The dollar is significantly weaker against the Swiss Franc and the Japanese Yen, but markets are pretty stable elsewhere. The Canadian dollar likewise shrugged off the Bank of Canada’s tapering announcement from yesterday. For the next changes in currencies, the […]
AUDUSD Price Analysis – July 15 During the early North American session, the AUDUSD pair kept its offered tone, plunging underneath the mid-0.7400 level. The USD benefited from the risk-off sentiment, which added to intraday selling. Following a spike in COVID-19 infections, the Australian state of Victoria was forced into a lockdown on Thursday. Key […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin (DOGE) has continued its downward move. The selling pressure resumes after the upward correction was terminated at the $0.29 high. On June 21, the coin has earlier fallen to the low of $0.1650 as bulls bought the dips. The market is […]
Uniswap Price Analysis – July 15 When the support level of $15 is broken downside, price level may decrease to $12 and $9 support levels. In case the bulls were able to defend the support level of $15, Uniswap may bounce up towards the resistance levels of $21, $27 and $34. UNI/USD Market Key Levels: […]
According to a fund manager survey for July posted by Bank of America (BofA), “long Bitcoin” has dropped to the number three spot as the most crowded trades. The Global Fund Manager Survey is Bank of America Securities’ monthly report is a survey carried out on about 200 institutional, mutual, and hedge fund managers around […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index upward move has been facing rejection at level 7200. Since May 7, the resistance at level 7200 is yet to be broken. Meanwhile, on July 13 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD is in an upward move. Since March, the currency pair has been battling to break the resistance at level 1.2600. The uptrend will resume if the resistance level is breached. The sideways trend will continue if the resistance remains […]
The Eastern province of Anhui in China has joined the growing list of Chinese regions to crack down on cryptocurrency mining companies and operations. According to local reports, authorities plan to shut down mining facilities in the province and prohibit new energy-intensive projects to manage the power deficit in the region. According to a local […]
