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: BullishXAUUSD has resumed an upward move after falling to the low of level $1,760 on June 18. On June 29, the bears retested the support as Gold resumed upward. The implication is that the uptrend has resumed as price fails […]
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. Since March 29, the Yen has been struggling to break above level 111.00. On March 29, the bulls tested level 111.00 but were repelled as the pair fell to level 109.60. The pair has […]
Only a few months after calling out Bitcoin for its immensely volatile nature and supposed impracticality, Bank of America (BofA) has now assembled a new designated research team with digital assets as its primary objective. Referencing an internal memo, Bloomberg recently reported that the behemoth multinational investment bank has become the latest of its class […]
Amid speculation that BoJ economic growth estimates have been cut, the yen is strengthening despite a growing risk-off mood due to rising coronavirus fears. The yen has risen sharply as a result of risk aversion. According to a news report citing four sources familiar with the central bank’s thinking, the BOJ is expected to cut […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin (DOGE) is in a downward move since May 8. The crypto has fallen from the high of $0.73 to level $0.21. Further downsides are likely. Presently, the DOGE is falling after facing rejection at the $0.28 high. The upward correction could […]
Uniswap Price Analysis – July 08 Ability to break up the resistance level at $21 price level may increase it to $27 and $34 resistance levels. In case the bears were able to exert pressure to break down the support level of $15, the price may decrease to the support level at $12 and $9 […]
USDCHF Price Analysis – July 8 In the early trading hours, the US dollar’s plunge halts the USDCHF advance around 0.9264. The pair trades with a downside price action plunging to as low as 0.9173. USDCHF is currently trading at 0.9178, down 0.85 percent on the day. Investors accepted the Fed’s dovish stance and lower […]
Following a prolonged consolidation around the $35k level, Bitcoin (BTC) is now in correction mode after falling by over $2k in a few hours. As expected, most altcoins are also in the red, which has dragged the valuation of the total crypto market down by $100 billion since yesterday’s high. The benchmark cryptocurrency entered last […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index is in an upward move. Since May 7, buyers are yet to break above the level 7200 resistance. Meanwhile, on July 7 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that UKX is […]
