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.
USDCHF Price Analysis – February 9 The USDCHF pair sustained its heavy selling pressure through the mid-European session into the American session and was last seen at 0.8929 low toward 0.8920 regions. A shift in the US Treasury bond yields weigh on the dollar and was seen exerting pressure on the USDCHF pair. Key LevelsResistance […]
S&P 500 Price Analysis – February 9 The S&P 500 stays past the 3900 levels, currently near 3919 highs, during early Tuesday as it eases amid the lack of a new catalyst. The market bias stays positive following fresh interest in US bonds combined with US stimulus hopes. Key LevelsResistance Levels: 4100, 4000, 3950Support Levels: […]
Wall Street traded on a very upbeat momentum as investors flooded energy stocks and priced in another round of aid spending from Washington. The Nasdaq 100 (NDX) rose by 0.67% yesterday to record a new all-time high around 13696. The Dow Jones (DJIA) and the S&P 500 (SPX) also recorded new ATHs with +0.76% and […]
Key Highlights BCH bulls break the $480 resistance, approaches the $540 highThe altcoin may fall into the range-bound zone if the bulls fail to break above $540 Bitcoin Cash (BCH) Current StatisticsThe current price: $493.95Market Capitalization: $10,372,958,208Trading Volume: $7,177,132,700Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis […]
key Resistance Zones: 15000, 15200, 15600Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is retracing to level 13400. After retracement, the uptrend will resume. A retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise and reach level 1.272 Fibonacci extensions or level […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishEUR/CHF pair has continued to push on the upside. The EUR/CHF has earlier rebounded above level 1.0750 and continued the upward move. The bulls are testing the resistance at level 1.0850. This resistance has not been broken since November 2020. […]
Uniswap (UNI) has been on a roll since the start of the year with the market capitalization increasing by about 280% in its year-to-date figures. Although the cryptocurrency has traded on a depressed momentum through February, the possibility for another leg up appears to be very likely. IntoTheBlock’s In/Out of the Money around Price (IOMAP) […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishToday, the EUR/GBP has plunged to a low of level 0.8768. The pair has been trading marginally. The price fell to the support above level 0.8746 and it is holding. The pair will continue its downward move if the support […]
The US dollar is recovering as the risk appetite cools slightly in the American session. Nonetheless, US stock futures are heading to new all-time highs today, while yields remain steady. Looking forward to seeing the dollar continue its rebound trend shortly. The Canadian dollar is currently a stronger commodity currency, fueled by oil prices. The […]
