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.
GBPUSD Price Analysis – January 31 The GBPUSD pair exited the prior week with modest gains after it eased from the mid 1.3700 level to close at 1.3705. The coronavirus spread reduction eased the pressure and offered some reprieve to the UK currency which was quite resilient to the dollar’s demand on risk-aversion. Key LevelsResistance […]
GBPJPY Price Analysis – Jan 31 GBPJPY moved with a fresh impetus while hitting the level at 143.95 high in the prior session. The pairs upside traction may attract buyers past the 144.00 level as it awaits the next catalyst this week. The pair’s buyers anticipate a raised prospect of a rally towards the old […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi is intact as the pair rebounds above level 0.7100. Since January 27, the price has been falling after rejection from level 0.7250. The downtrend is likely to end if level 0.7150 support holds. The long candlestick tail indicates […]
Key HighlightsLINk faces rejection at $26 high The crypto has a target price of $30.56 Chainlink (LINK) Current StatisticsThe current price: $22.55Market Capitalization: $22,588,192,832Trading Volume: $3,485,144,033Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis January 30, 2021LINK price has continued to make a series of higher highs and higher […]
BNBUSD Price Analysis – January 30 An increase in the bulls’ pressure may break up the resistance at the level of $44 which may increase the price to $47 and $51 support level. In case the resistance level at $44 is defended by the bears, the coin may face barriers at $40, $36, and $31 […]
Key Resistance Zones: 27200, 27600, 28000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 has resumed a downward move after a week of fluctuation below level 29000. The index has fallen and it is approaching the low of level 27000. The price has broken the 21-day SMA. The downward movement will […]
Key Resistance Zones: 3500, 3600, 3700Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BearishSHCOMP is in a downward move after it was repelled at the overbought region. On January 21 and 25, the price tested level 3640 twice and was repelled. The index fell to the low of level 3440 […]
In a recent interview, BlackRock founder, and CEO, Larry Fink was asked to share some of his opinions about Bitcoin (BTC). Fink stated that he sees a bright future for the benchmark cryptocurrency and that it could become a reliable store of value, but Bitcoin still has to prove itself. Fink described the BTC space […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishFor the past three days, the USD/JPY is in a brief rally. The pair rebounded above level 103.57 and it approaching level 105.00. The upward move is facing rejection at level 104.94. It is doubtful if the rally will continue […]
