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 – January 1 The USDCHF pair emerges from multi-year lows today, 1st Jan 2021, with buyers now looking to extend the upward trajectory further beyond the mid 0.8800 marks. Soon a change of guard at the White House will come with economic, geopolitical, and social policy change with impact on the USD. […]
Key HighlightsLINK now fluctuates between levels $10 and $13The altcoin will further decline to $8.41 if the current support breaks Chainlink (LINK) Current StatisticsThe current price: $11.88Market Capitalization: $11,840,338,231Trading Volume: $1,336,398,547Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis January 1, 2021Since November 24, Chainlink’s price is making a series […]
Key Resistance Zones: 27200, 27600, 28000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 has been on an upward move. The upward move is nearing its destination as the market will soon reverse in the overbought region. The RSI is at level 69. The index may reverse above level 70. Daily […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BullishSHCOMP is in an upward move. The index has broken the previous level and it is attempting to move up to level 3500. This current move will continue as the RSI is at level 63. Daily Chart […]
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. The index is falling by making a series of lower lows and lower highs. On December 28, the pair made a lower high to retest level 103.80 and resume […]
Wall Street clocked out of the last trading session in 2020 with decent gains amid the impending US fiscal stimulus package, vaccine rollout, and dovish Fed stance. All three major US indices—Nasdaq 100 (NDX), S&P 500 (SPX), and Dow Jones (DJIA)—printed new record highs in December, in what many traders have termed the “Santa rally.” […]
Price Analysis – January 01 Should the bears have enough momentum to break down the support level of $2.4, then, the price will be exposed to the $2.1 and $1.8 support levels. In case the bulls prevail over the bears, the resistance level of $2.7 will be penetrated and the price will increase to $3.0 […]
Gold rallied slightly amid another fall in the dollar, but global progress in vaccinations has blocked demand for shelters. Despite recent breakthroughs in COVID vaccines, adoption has been disappointing, and the current wave seems to require more restrictive measures over the next few weeks. More than a year has passed since the first cases of […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trends: BullishAustralia 200 is in a sideways move below level 6300. The index has been fluctuating between levels 6600 and 6800. Australia 200 is likely to fall as it reaches the overbought region of the market. Daily Chart Indicators Reading:The […]
