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.
EURUSD Price Analysis – March 9 The EURUSD plunged to a low of 1.1835 level early in the European session on Tuesday hitting the lowest level in months. At the time of this post, the pair rebounds from the low as loss of near term downward momentum is likely to keep price above mid 1.1800 […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishEUR/CHF is in an uptrend but the price pulled back on March 5. The uptrend has resumed but the market has reached the overbought region. On February 25 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The […]
Key HighlightsLitecoin retests the $200 resistance zoneThe coin may fall again to the previous low above $180 Litecoin (LTC) Current StatisticsThe current price: $196.60Market Capitalization: $16,511,825,177Trading Volume: $5,042,328,533Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis March 9, 2021Litecoin is making an impressive upward move to the previous highs. […]
ADA Price Analysis – March 09 Should the buyers gain enough momentum and the daily candle closes above $1.2 level, ADA/USD may increase to $1.4 – $1.6 levels. In case the sellers defend the $1.2 level, the bears’ pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $1.2, $1.4, $1.6 Support levels: […]
Will the 2020 United States presidential election upheave the markets? Part 2 What really happened in the markets when the results of the last US presidential elections started coming out? This piece is sequel to the article titled: “Will the 2020 United States presidential election upheave the markets?”. I said nothing new, nothing unprecedented would […]
The dollar rally continues today, but buying is mostly concentrated against the euro, Swiss franc, and kiwi. Euro is not getting better-than-expected support from investor confidence data. Thanks to some stability in crosses, Sterling is currently the second strongest. Commodity currencies are trading slightly weaker, but generally holding above Friday’s low. Risk sentiment in the […]
With three and four-digit annual percentage yields, Big Data Protocol (BDP) has become the latest talk of the town in the DeFi sector, as the total liquidity on the protocol has surged to $6.1 billion only two days after liquidity mining incentives were launched. The DeFi protocol announced its fair launch on March 6 that […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD had been in an uptrend. The pair is currently retracing to the previous low. The price has broken the 21-day SMA but it is approaching the 50-day SMA. Once the price breaks the 50-day SMA, the market may further […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishAUD/JPY is still in an uptrend but the uptrend is facing resistance at the recent high. On February 25 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the market will rise to level […]
