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 below level 6800. The index has been consolidating above level 6800 since January 20. Australia 200 has been trading marginally. The market has been characterized by indecisive small body candlesticks. Buyers and sellers have reached a […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe EUR/GBP has continued its downward move. The price is making lower highs and lower lows. The pair has fallen to the low of level 0.8746 and resumed above it. The downtrend will continue once the current support is broken. […]
Bitcoin (BTC) spiked to a new all-time high on Thursday, following a recent announcement that MasterCard plans to integrate cryptocurrencies into its payment services later this year. The credit card behemoth’s decision came a few days after Tesla announced that they had acquired $1.5 billion worth of Bitcoin in January and will start accepting payment […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishAUD/JPY has been trading below level 81.00 resistances, Since January 8. Today, the price has broken level 81.00 resistance. That means the market will move up. However, the upward move is doubtful because the RSI is approaching the overbought region. […]
Key Highlights BCH dropped to $470 low after failing to break the $540 resistance A rally above $640 is possible if bulls break the $540 resistance Bitcoin Cash (BCH) Current StatisticsThe current price: $525.62Market Capitalization: $11,094,688,029Trading Volume: $6,870,469,903Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis February […]
AUDUSD Price Analysis – February 11 After it rebound from the prior week low at 0.7563 level, the AUDUSD pair has benefited from a sustained move past the MA 5 and 13 at the 0.7700 regions. The pair’s upside run continues to hold steady past the mid 0.7700 level as the underlying bias of a […]
The EUR/AUD pair traded with a slightly bearish tone in the early European session on Thursday, as investors take trading clues from the broader market risk mood. Earlier today, the DAX futures contract in Germany traded up by +0.1%, CAC 40 futures in France was up by +0.1%, and the FTSE futures contracts in the […]
EURUSD Price Analysis – February 11 The EURUSD pair upside sentiment has held continuously for 4 days in a row after the pair bounced from the 1.1952 recent low. The major European currency pair rises higher as weak US inflation and labor market’s challenges weigh on the dollar. Key LevelsResistance Levels: 1.2350, 1.2272, 1.2150Support Levels: […]
EOSUSD Price Analysis – February 11 EOSUSD has reached the high of $4.5 level, should it hold the price, it may bounce and decrease towards the support levels at $3.8, $3.3, and $2.9. In case the resistance level of $4.5 does not hold the price, it will increase further to the resistance levels at $5.2 […]
