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: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 In 2020, SHCOMP made a brief uptrend as the index rises from level 2700 to level 3500. Later, the index pulled back to resume consolidation on the upside. The brief uptrend reached the high of level 3456.721 in August. After the resistance, the market […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 The USD/JPY pair has been falling since January. The downward move has been consistent. For example, in January the pair has an opening balance of 108.62. The opening balance has fallen to level 103.66 at the time of writing. There is every indication that […]
Key Resistance Zones: 7200, 7300, 7400Key Support Zones: 6100, 6000, 5900 In 2020, Australia 200 reached its peak price but crashed. Thereafter, the index used the remaining months to correct upward. In January, the market reached a high of 7200 and there was a sudden breakdown in February and March. The breakdown reached a low […]
Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 In 2020, Bitcoin Cash trades in a sideways move. The price movement was only in the first quarter of the year. In the remaining months, the crypto was merely consolidating above the current support. In January, BCH has an opening balance of $203 […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 In 2020, EUR/GBP is in a sideways trend. In January, it has an opening balance of level 0.8469. In the first quarter, the pair was trading marginally but in March, there was a price spike that reached the high of level 0.9500. This vertical […]
As the world took the day to celebrate Christmas, Bitcoin (BTC) has launched its private celebration in a way. The benchmark cryptocurrency has commemorated the day by recording a new all-time high around $24,663, etching closer to $25k. Some days ago, BTC’s prospects got dampened, following an SEC lawsuit on Ripple (XRP). The suit asserted […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 In 2020, the AUD/JPY pair has been in an uptrend. In the first quarter, the pair plunged to level 59.86 low. Immediately the bulls buy the dips as price resumed an upward move. The uptrend commenced in April and was terminated in August because […]
2020 was full of surprises—to say the least—for Wall Street and was a good year for investors, as attention shift to 2021. The Nasdaq 100 (NDX) is currently trading close to its all-time high amid a raging bull market. Although this might seem normal, you start to see the remarkability in this performance when you […]
EURJPY Price Analysis – December 25 EURJPY continues to exhibit mixed sideways fluctuations after bouncing off March 2020 lows at 114.39 and has since remained in the range between 118.82 and 127.07, noting that basic channel stability allows for a subsequent breakout of the current barrier. and open the way for recording new positive targets, […]
