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 Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trends: BullishAU200AUD is trading above level 6800. Today, the price has broken above level 6800. The upward move is likely to resume if the bullish momentum is sustained. As price breaks above the SMAs, Australia 200 is likely to rise. […]
Sterling jumped sharply after the Bank of England indicated that it does not want to signal the market to move to negative rates. The dollar is also resilient in the overall mixed market sentiment. With a sell-off against both the pound and the dollar, the euro is currently performing its worst per day, followed by […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishToday, the EUR/GBP has plunged to a low of level 0.8768. This downtrend has been ongoing since January 8 but it has reached bearish exhaustion. The pair has fallen into the oversold region of the market. Buyers expected to emerge […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishSince January 8, AUD/JPY has been trading below level 81.00 resistances The price has been consolidating between levels 79.40 and 81.00. The pair is rising to retest the resistance at level 81.00. A break above the resistance level will propel […]
Price Analysis – February 04 A further increase in the bulls’ momentum may break up the resistance level of $3.3, then, the price may test the $3.8 and $4.5 levels. In case the bulls are unable to break up the resistance level of $3.3, the price may face the support levels of $2.9, $2.7, and […]
AUDUSD Price Analysis – February 4 The AUDUSD pair keep gains while its upside bias stays contained below the key hurdle at mid 0.7600 level. Signs of progress on additional US stimulus measures pushed the yield on the benchmark 10-year government bond to a near 10-month high touched in January with a lid on any […]
EURUSD Price Analysis – February 4 EURUSD has lost substantial levels after the pullback from the 1.2350 barriers while breaking beneath the key 1.2000 psychological level during the European session. The US dollar continues to benefit from Biden stimulus optimism which relatively is strengthening the US economic recovery. Key LevelsResistance Levels: 1.2350, 1.2214, 1.2050Support Levels: […]
The EUR/AUD traded on a downbeat momentum in the early European session on Thursday, as the EUR comes under pressure from the ECB. European Central Bank member Klaas Knot recently complained bitterly about the high valuation of the euro, noting that the institution had the tools to tackle this problem. Not so long later, reports […]
Key HighlightsEthereum bulls break the $1,440 overhead resistance Ethereum reaches the high of $1,631 Ethereum ETH) Current StatisticsThe current price: $1,631.78Market Capitalization: $186,876,194,143Trading Volume: $41,432,452,520Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis February 3, 2020 On February 2, Ethereum bulls broke the $1,440 resistance as the price rallied […]
