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.
The EUR/AUD pair traded with a slightly bearish tone in the early European session on Thursday, as investors take trading clues from the broader market risk mood. Earlier today, the DAX futures contract in Germany traded up by +0.1%, CAC 40 futures in France was up by +0.1%, and the FTSE futures contracts in the […]
EURUSD Price Analysis – February 11 The EURUSD pair upside sentiment has held continuously for 4 days in a row after the pair bounced from the 1.1952 recent low. The major European currency pair rises higher as weak US inflation and labor market’s challenges weigh on the dollar. Key LevelsResistance Levels: 1.2350, 1.2272, 1.2150Support Levels: […]
EOSUSD Price Analysis – February 11 EOSUSD has reached the high of $4.5 level, should it hold the price, it may bounce and decrease towards the support levels at $3.8, $3.3, and $2.9. In case the resistance level of $4.5 does not hold the price, it will increase further to the resistance levels at $5.2 […]
Key HighlightsEthereum attains a new high of $1,825 but faces rejectionThe biggest altcoin retraces to consolidate above $1,700 Ethereum ETH) Current StatisticsThe current price: $1,725.59Market Capitalization: $198,057,849,490Trading Volume: $39,676,507,929Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis February 11, 2020 Ethereum attained a new high of $1,825 but could […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BearishFR40EUR index is presently consolidating above level 5600. Since November 2020, the index has been in a sideways move below the resistance level 5720. Each time the index tested the resistance level, the market will fall. Daily Chart Indicators […]
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 pair faces rejection at the 1.0850 high. The pair is in a downward move as price breaks below the SMAs. This is an indication that the selling pressure will persist. The price has fallen to level 1.0783. Daily Chart […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie was earlier in an upward move but faces rejection at level 1.2800. The pair has resumed selling pressure. On December 14, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the pair will […]
Following Tesla’s recent $1.5 billion (15% of its net cash holdings) Bitcoin (BTC) acquisition, many cryptocurrency enthusiasts have asserted that several more companies could follow suit. Some speculated that Apple could be next, while Max Keiser noted that it could be Larry Ellison’s Oracle. However, some JPMorgan analysts are holding onto a different opinion. According […]
XRP Weekly Price Analysis – February 10 The pushing up of the price to reach the resistance level at $0.62 may increase the price to the next resistance level which can be found at $0.73 and above. In case the bears manage to push the price below the support level at $0.39 with the […]
