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.
2020 was full of surprises—to say the least—for Wall Street and was a good year for investors, as attention shift to 2021. The Nasdaq 100 (NDX) is currently trading close to its all-time high amid a raging bull market. Although this might seem normal, you start to see the remarkability in this performance when you […]
EURJPY Price Analysis – December 25 EURJPY continues to exhibit mixed sideways fluctuations after bouncing off March 2020 lows at 114.39 and has since remained in the range between 118.82 and 127.07, noting that basic channel stability allows for a subsequent breakout of the current barrier. and open the way for recording new positive targets, […]
USDCHF Price Analysis – December 25 Since the beginning of 2020, the current USDCHF rate has stagnated below 1.0027. After trading near parity a year ago, the franc has strengthened since March, when the pandemic increased the willingness to take risks. At the end of the year and in 2021, the most critical event will […]
BNBUSD Price Analysis – December 25 The ability to break up the resistance level of $37 will expose the price to $41 and $48. In case the resistance level of $37 is defended by the bears, the price may reverse and face the $26, $24, and $22 support level. BNB/USD Market Key levels: Resistance levels: […]
Price Analysis – December 25 Ranging movement may continue in 2021 within the mentioned level until there is a breakout either at the $4.1 resistance level or $1.8 support level. Above the current price level is found $4.1, $5.4, and $6.8 resistance levels. Below it is $1.8, $0.4, and $0.2 major support levels. Key Levels: […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The upward move is facing resistance at level 22500. Since November 27, buyers have not been able to penetrate the resistance level. Today, the index is rising to retest the recent high. Daily […]
Key HighlightsLitecoin faces rejection at $124The crypto now fluctuates between levels $100 and $120 Litecoin (LTC) Current StatisticsThe current price: $109.54 Market Capitalization: $7,193,886,66Trading Volume: $8,962,542,598Major supply zones: $120, $140, $160Major demand zones: $90, $70, $50 Litecoin (LTC) Price Analysis December 24, 2020Following the rejection at $124 resistance, LTC now fluctuates between $100 ad $120. The […]
According to Kim-Young Ju, an on-chain analyst, traders loading up on shorts for Bitcoin’s (BTC) current bull run are in for a huge shock. The Chief Executive Officer of CryptoQuant, a data analytics company, asserted via a tweet that traders had no reason for placing short-bets against a potential fall in Bitcoin. He explained that […]
The DXY is likely to fall 6% in 2020, the first drop in 3 years. While the US economic recovery should support the dollar, exceptionally flexible monetary policy, widening deficits (exacerbated by a new round of fiscal stimulus), and weakening demand for safe-haven assets should keep the US dollar weak in the coming year. The […]
