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.
Price Analysis – January 28 Should the bulls maintain their momentum to break up the resistance level of $2.7, then, the price may test the $2.9 and $3.3 levels. In case the bears defend the resistance level of $2.7, the support level of $2.4, $2.2, and $2.0 may be the target. The bullish trend may […]
The EUR/AUD traded on a very bullish momentum in the early European session on Thursday, as the prevailing market risk mood has sent the Aussie on a bearish spiral against other major currencies. Germany reported yesterday that the country’s Business Confidence has dropped from 92.2 in December to 90.1 in January. This decline has placed […]
AUDUSD Price Analysis – January 28 AUDUSD added to its intraday losses and fell to a weekly low below 0.7600 for the 2nd day in a row at the start of the European session. Heavy selling pressure around the AUDUSD pair intensified and knocked rates down to their lowest level in two weeks around 0.7591. […]
XRP/USD Market January 28 The increase in the bears’ pressure may push the price to penetrate the support level of $0.21 level; this may decrease the price to $0.17 and $0.10. In case the support level of $0.21 does not give way, the price may increase to the resistance levels of $0.28, $0.39, and $0.49. […]
EURUSD Price Analysis – January 28 EURUSD came under downside pressure in the prior session but despite the recent price action the selling bias fades at 1.2100 in the present session. A row over vaccines is set to delay the eurozone’s recovery, however, there is more room for risk aversion. Key LevelsResistance Levels: 1.2300, 1.2240, […]
Key Highlights BCH drops to the low of $370 and reboundedBitcoin Cash is likely to resume upside momentum if the current support holds Bitcoin Cash (BCH) Current StatisticsThe current price: $389.41Market Capitalization: $8,178,060,983Trading Volume: $6,672,163,220Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 28, 2021 Today, […]
Key Highlights The biggest altcoin is facing rejection at $1400 highEthereum fluctuates between $1,000 and $1,400 Ethereum ETH) Current StatisticsThe current price: $1,253.22Market Capitalization: $143,539,379,138Trading Volume: $39,489,613,323Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis January 28, 2020 Ethereum upward move is threatened as it faces rejection at the […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BearishFrance’s 40 index is in a downward move. FR40EUR has fallen since January 11. Today, the market has fallen from level 5689 to level 5411.50. A further downward movement is expected. Daily Chart Indicators Reading:The index is currently at […]
Following a significant parabolic bull run that saw Bitcoin (BTC) hit a new all-time high some weeks ago, the benchmark cryptocurrency—in a weird twist of events—is now in a battle to stay above the $30k psychological mark. This $12,000 decline has caused many to wonder if the bull cycle is over and if BTC will […]
