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.
EURUSD Price Analysis – January 14 The EURUSD pair remains on the back foot and retreats beneath 1.2150 to register a European session low of 1.2135 level. At the time of this post, the European currency is hovering up at the 1.2164 level. The new American administration is set to announce a generous stimulus package […]
Key HighlightsBCH is now fluctuating between $430 and $505The sideways trend is characterized by indecisive small body candlesticks Bitcoin Cash (BCH) Current StatisticsThe current price: $495.88Market Capitalization: $10,408,023,970Trading Volume: $5,852,209,328Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 14, 2021Following the breakdown on January 11, BCH […]
Key HighlightsEthereum attains a peak price of $1,346 before the breakdown.The bulls buy the dips but fail to sustain the uptrend Ethereum ETH) Current StatisticsThe current price: $1,111.96Market Capitalization: $126,969,867,867Trading Volume: $29,462,506,307Major supply zones: $1,100, $!,200, $1,300Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis January 13, 2020 On January 11, Ethereum bulls bought […]
Despite the bolstering institutional investor base Bitcoin (BTC) has gathered, Wall Street expert, Jeff Curie, noted that the market is still in significant need of institutional investment presence to prop up its stability. The Head of Commodities Research at Goldman Sachs made his opinion known in a recent interview with CNBC. Before now, many companies […]
The recovery in US yields continues to support the dollar as investors continue to feel a possible increase in inflationary pressures/expectations in response to the most likely increase in fiscal stimulus under a Democratic White House. Meanwhile, the pound continues to strengthen in mixed markets today. British Prime Minister Boris Johnson told parliament that the […]
XRP/USD Market January 13 Should the bulls increase their pressure, the price may penetrate the resistance level of $0.39 level; the price may increase to $0.39 and $0.62. In case the resistance level of $0.39 holds, the price may reverse and the support levels of $0.28, $0.21, and $0.17 may be tested. Key Levels: Resistance […]
Gold (XAU/USD) traded on a directionless bias through the early European session, as it remained range-bound. The yellow metal was last spotted trading around the $1855 level. The prevailing drawdown in the US Treasury bond yields kept the pressure on the US dollar (DXY), which extended support to the dollar-denominated commodity. The US bond yields […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BearishFR40EUR index is presently consolidating above level 5600. The index faces rejection at level 5700 and it is falling. The market will fall and find support at level 5300. The price is falling because the RSI has reached the overbought […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishThe pair has been in a sideways move but it is currently falling. Since January 8, the pair has been in a downward move after rejection from level 1.0850. The pair stands the chance of further downward move if the […]
