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 Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has been in a downward move since June. For the past two days, the Yen has been correcting upward against the downward move. If the Yen breaks the SMAs, the upward move will continue. The uptrend is […]
Key Resistance Zones: 3500, 3600, 3700Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BullishSHCOMP is in an upward move. The bulls have broken level 3500 as the price reached the high of 3576.205. The index is facing rejection at level 3600 resistance zone. The index has no more room to […]
EURJPY Price Analysis – January 8 The EURJPY cross trades on the defensive after sellers overpowered buyers at 127.50 level. Everything being equal, the EURJPY exchange rate could continue to range during the following trading session. Key LevelsResistance Levels: 128.67, 127.50, 127.07Support Levels: 126.00, 125.00, 123.90EURJPY Long-term Trend: BullishThe exchange rate fell from 127.50 barriers […]
Wall Street saw a significant bull rally on Thursday, causing the top indexes to record new all-time highs. The rally came on the back of the recent Georgia Senate runoff, which saw Democrats win both seats. The ‘Blue Wave’ outcome means that the Biden administration will control both the White House and Congress, which will […]
USDCHF Price Analysis – January 8 USDCHF eases from 0.8884 high, also the intraday top, to 0.8847 during early Friday. Even so, the quote prints 0.06% gains on a day while maintaining mild gains at the upside. USDCHF is trading around 0.8858 as rising US yields boost the dollar. Tension mounts toward US Nonfarm Payrolls […]
Price Analysis – January 08 Should the bears have enough momentum to break down the support level of $3.0, then, the price may test the $2.7 and $2.4 support levels. In case the bulls maintain their momentum, the resistance level of $3.7 and $4.4 may be reached. Key Levels: Resistance levels: $3.3, $3.7, $4.4 Support […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trends: BullishAU200AUD is in a sideways move below level 6800. The index has been fluctuating between levels 6600 and 6800 since November 24. Australia 200 is likely to fall as it reaches the overbought region of the market. It is […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe pound has been in a sideways move since December. Today, the Pound is falling but in lower lows and lower highs pattern. The pound has made lower highs and it is falling. Perhaps it will fall and break below […]
Key HighlightsBCH has risen to a high of $480 but was repelledThe coin is fluctuating above the $440 price level Bitcoin Cash (BCH) Current StatisticsThe current price: $440.37Market Capitalization: $9,170,086,500Trading Volume: $8,131,869,629Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 8, 2021Bitcoin Cash has broken above […]
