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: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe pound has been in a sideways move since December. Today, the Pound is rising as it fell to level 0.8993. The price action is also choppy. The pound is not trending and the direction is not discernible. Daily Chart […]
Gold (XAU/USD) traded with on a bullish momentum in the early European session on Monday, as it rebounded by over $35 from a low level not seen since early December last year. The intraday rebound was triggered by the risk-averse mood sweeping across markets, which tends to bolster demand for the precious metal. Growing concerns […]
EURUSD Price Analysis – January 11 The US Dollar upside correction is gaining traction with the EURUSD pair testing a low level at 1.2166 reflecting a loss of upside momentum as the market registers the lowest level in two weeks. The EURUSD pair has been plunging alongside with increase in US Yields. Key LevelsResistance Levels: […]
XAGUSD Price Analysis – January 11 Silver plunges to $24.34 level, down 1.25% during the early European session trading on Monday. The metal has been pressured for the last four days and is currently in a rebound from the $24.50 horizontal level. Meanwhile, a sustained downside breach will empower the sellers to increase pressure on […]
NEO Price Analysis – January 11 When the bears increase their momentum $19 support level may turn to a resistance level and the price will target $15 and $13 support levels. In case the dynamic support level prevents further price decrease, then, uptrend movement may continue and the price will be looking forward to $22, […]
All global investors were in risk search mode in the first full week of 2021. This came despite all the headlines about a surge in coronavirus infection and deaths, a return to lockdown, chaos in Washington, and Joe Biden’s certification as President-elect of the United States. The dollar did not perform well, but surprisingly there […]
Key HighlightsEthereum fluctuates between $1,100 and $1,300Ethereum slumps to $1,020 low and pulled back Ethereum ETH) Current StatisticsThe current price: $1,124.16Market Capitalization: $127,550,407,568Trading Volume: $43,661,698,649Major supply zones: $1,100, $!,200, $1,300Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis January 11, 2020Today, Ethereum has plunged to $1,020 low and pulled back. It appears the selling […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishUS Wall Street 30 is in an upward move. The index has reached level 31145.30. On November 6 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. This indicates that the index is likely to […]
According to CryptoQuant, the number of Bitcoins (BTC) left on cryptocurrency exchanges has been depleting continuously for about a year. The on-chain analytics firm noted that BTC held in exchange wallets reached an all-time high around three million during the liquidity crisis in March 2020, which saw Bitcoin fall below $4,000. As the cryptocurrency began […]
