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.
With the anticipated Fed rate cut still in view, investors are exercising caution around the USD, keeping it on a losing streak. Meanwhile, the Japanese economy is showing improvement in Producer Prices, which have risen by 2.7%. This has supported the Japan 225 market, allowing it to edge higher. Key Levels Resistance: 51,000, 52,000, 53,000 […]
The Australia 200 market appears content with minimal gains. This seems to have stemmed from the fact that investors are closely anticipating the RBA’s interest rate announcement scheduled for the coming week. More details are provided below. Key Price Levels Resistance: 8,700, 8,825, 9,000 Support: 8,500, 8,400, 8,300 Australia 200 Market Sits Back on the […]
The general market sentiment is sell trade.Sellers may take their position as desired. EURAUD Weekly Price Analysis – December 7 The EURAUD pair suggests a selling trade as the bears dominate the entire market. The price is at the lower range may continue with the dumps if the sell traders renew their selling strength and […]
Market Analysis – December 6 The currency market is currently fixated on an epic tug-of-war: the British Pound versus the Japanese Yen (GBP/JPY). The pair has staged a remarkable rally over recent weeks, soaring nearly 3.5% since early November as the Pound rode a wave of supportive UK data and high interest rate differentials. GBP/JPY […]
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It is targeting $0.81 line USDCHF Price Analysis – 06 December If the purchasing impulse can sustain over the $0.81 resistance position, the price may move above $0.82 and approach the $0.83 hedging scenario. Merchandisers can still reduce the price to $0.78 if they work hard enough to cut it from $0.80 to $0.79. […]
BNBUSD market may experience a bullish reversal BNBUSD Price Analysis: 06 December Buyers may be able to push the price to test the resistance levels of $962.9 and $960.7 if they can hold onto the $875.3 support position and break above the $899.4 resistance position. If BNB can break below the critical $875.3 hedge, it […]
The CELOUSDT market has arrived in the second spot among today’s top-performing coins as of the time of writing. The token recorded a price increase of 4.35%. While this may seem small, it could hold some potential for future growth. Celo Statistics Current Price: $0.1686 Market Capitalization: $99.11M Circulating Supply: 589.48M Total Supply: 1B CoinMarketCap […]
$COIN (NASDAQ: COIN) Forecast: December 6 The Coinbase Global (NASDAQ: COIN) price is down, anticipating further growth and preparing for bounces to begin its upward race. The stock market is about to make noise again as it approaches the resistance level, suggesting buyers are trying to recover the lost ground. Thus, a strong push from […]
Polkadot (DOT) Price Long-term Trend: Bearish Polkadot’s (DOT) price recovers from its decline, but risks declining below $2.00. The cryptocurrency price has been moving above the current support, but the upward trend has been hampered by the $2.40 high. On the downside, selling pressure will resume if the altcoin falls below $2.00 and the bearish […]
