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 first time I set my eyes on a Meta Trader platform, I doubted I would be able to master its use, since the figures and features I saw seemed daunting to me. When I even heard about candlesticks, I didn’t know what it meant. Stupefied, I wondered whether I’d need to light some candles […]
Key HighlightsLINK faces rejection after reaching the high of $16The coin is falling and may revisit the previous low at $11 Chainlink (LINK) Current StatisticsThe current price: $12.77Market Capitalization: $5,060,807,660 Trading Volume: $1,240,464,420Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis December 4, 2020LINK is falling and trading at $13 […]
Just ten months after the Supreme Court in India removed the ban placed by the Reserve Bank of India on cryptocurrency trading, fresh reports show that the country’s taxation authority has picked interest in cryptocurrency traders, as Bitcoin (BTC) continues on its bullish rally. Local media report that the Indian Tax Department already has data […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 has been in an upward move and has rallied on the upside. The index is facing resistance at level 27000. On November 16 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates […]
EURJPY Price Analysis – December 4 EURJPY stays bid in the upper end of the recent range while renewing its upside bias with the level at 127.07 in focus. The pair confronts upside barriers at the end of the week against the backdrop of the prevailing risk appetite trend in the global markets. Key LevelsResistance […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. Since December 2 the bulls tested level 3470 and pulled back. The index will rise to level 3560 if the current resistance is breached. Meanwhile, the […]
Wall Street had a positive session on Thursday, with the Nasdaq 100 (NDX) and S&P 500 (SPX) recording new all-time highs. However, the bull rally was cut short following a report of distribution problems with Pfizer’s (NYSE: PFE) COVID-19 vaccine. The Nasdaq 100 booked a new ATH around 12,539 yesterday before reclining to the 12,450 […]
USDCHF Price Analysis -December 4 Despite heavy selling on USDCHF for 3 days in a row went beneath the 0.8900 level to fresh multi-year lows, the pair may likely rebound in subsequent sessions. The US dollar index may prolong its recent weak sentiment amid signs of progress towards additional US fiscal stimulus. Key LevelsResistance Levels: […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY pair has been in a downward move since June. The price has been falling from level 105.50. On November 19 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the Yen will […]
