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.
EURCAD Price Analysis – January 27 The single European currency has edged lower by 0.05% against the Canadian Dollar since the beginning of the Wednesday session. The currency pair stays lower from the intraday’s price of 1.5472 with the upside run staying constrained beneath 1.5500. Given the exchange rate’s recent rebound from lows, the pair […]
Key Highlights BCH faces rejection twice at $540 resistanceThe altcoin is on a downward move and may reach the low of $289.30 Bitcoin Cash (BCH) Current StatisticsThe current price: $408.63Market Capitalization: $8,581,330,223Trading Volume: $5,688,248,254Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 27, 2021 Bitcoin Cash […]
Key Resistance Zones: 12800, 13200, 13600Key Support Zones: 11600, 11200, 10800 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is currently in an upward move. The uptrend is facing resistance at level 14000. On January 18, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the index will rise and reach […]
Key HighlightsLitecoin is in a downtrend and may slide to $96 lowThe crypto is making a series of lower highs and lower lows Litecoin (LTC) Current StatisticsThe current price: $131.09Market Capitalization: $11,011,847,219Trading Volume: $5,738,514,349Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis January 27, 2021Litecoin resumed a downward move […]
Bitcoin (BTC) has been having a difficult time over the past few days, as the price continues to struggle to close the gap to its recent highs. The price dynamics surrounding the benchmark cryptocurrency appears to be tilted in favor of bears in the past few days, with Bitcoin recording a sharp decline below the […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BearishItaly 40 has risen to level 23007 but could not continue the uptrend. The bears have broken below level 23000 to a low of 22232. The downtrend has resumed after the index retested the high of level 222838. The […]
Crude oil prices are narrowly consolidating around an 11-month high. After bouncing about 20% from the March low, upward momentum appears to be weakening. Traders are increasingly worried about the outlook for demand, which could be hurt by a resurgence of coronavirus cases in China. Sentiment aside, the short-term supply & demand forecast suggests that […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi rebounded above level 0.7200 and has continued to rise on the upside. On January 7 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that NZD/USD pair will rise to level 1.618 Fibonacci […]
ADA Price Analysis – January 26 Should the bears further increase their momentum and push the price to break down the support level of $0.27, then, $0.24and $0.21 may be tested. In case the price is rejected at the $0.27 level, the price may reverse. The resistance level can be found at $0.34, $0.38, and […]
