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.
ADA Price Analysis – December 29 Should the bulls increase their momentum and push the price above the resistance level of $0.19, then, $0.21and $0.24 levels may be tested. In case the price is rejected at the $0.19 level, the price may reverse. The support level can be found at $0.16, $0.13, and $0.11 levels. […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Since 2015, the index has not been able to break above level 24000. In 2020, this level was tested and there was a strong bearish reaction. The index faced rejection at the overhead resistance. The breakdown covered the first quarter in 2020. In January, […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 In the first quarter of 2020, the index was in a downward move. Germany 30 has an opening balance of 13156.20. From January, the index crashed to level 7957, 60 in March. The bulls buy the dips as the market resumed its upward move […]
Just before Christmas, the last-minute Brexit trade was struck. The result is largely in line with expectations. Since Brexit cannot be avoided without a deal, the BOE should be able to keep its powder dry for a year. The likelihood of a negative interest rate has also been reduced, except for unexpected bad news related […]
CME’s Bitcoin (BTC) futures, Initiated in late 2017, helps institutional investors trade the benchmark cryptocurrency on a more regulated platform. However, this regulation comes with some time constraints, requiring that the platform be closed on weekends and during public holidays. However, Bitcoin is a free market asset that trades 24/7 and is operational even on […]
The reserve banks of Australia (RBA) and New Zealand (RBNZ) have both published slightly pessimistic outlooks for 2021, which in turn, would affect the Aussie and Kiwi. The AUD/NZD, which represents the value of the Australian dollar in terms of the Kiwi, is rounding off the year higher than it began amid plummeting global equity […]
EURUSD Price Analysis – December 28 Fresh optimism has propelled the EURUSD towards the 1.2250 level with some strong positive traction on Monday amid sustained USD selling bias. The pair is trying to preserve its intraday gains and in search of further gains around the 1.2250/1.2270 region. US stimulus and a post-Brexit trade deal boosted […]
XAGUSD Price Analysis – December 28 Silver (XAGUSD) is in an uptrend with buyers in control of any dip and positioning to go higher towards the $27.00 level. Given that white metal is trading above its moving averages 5 near the $26.00 level, some upside potential could likely prevail in the market in the short […]
NEO Price Analysis – December 28 An increase in the bulls’ pressure may lead to a breakout at the resistance level of $19 which may push the price to $22 and $25 price level. Likewise, the breakdown of the $15 price level will reduce the price to $13 and $12 price level. NEO/USD Market Key […]
