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.
Market Analysis – April 24 NZDUSD has remained entrenched in a downward trajectory since establishing a significant peak in early January 2023. Its focal point is now fixed on the critical demand level at 0.57600. This unwavering descent continues unabated, demonstrating resilience as it steadfastly targets the 0.57600 demand level. Key Levels for NZDUSD Demand […]
Market Analysis – April 23rd GBPUSD market has recently undergone a notable shift towards bearish sentiment ,following a sustained period of upward price movement. This shift in market dynamics unfolded following a pivotal moment in September, characterized by the demand level of 1.2000, which emerged as a crucial turning point. Here, market participants witnessed the […]
Market Analysis – April 24 The US30 market concluded April with a notable occurrence of the double-top bearish reversal chart pattern. Concurrently, the Stochastic indicator signaled shorts as it reached an overbought condition. Additionally, the crossover of the Simple Moving Average (Periods 9 and 21) above the daily candles substantiated the anticipation of a price […]
Market Analysis – April 15th Nasdaq has emerged as a standout performer in the financial markets since the close of the preceding year. The market structure of Nasdaq has been notably characterized by well-defined swing lows preceding swing highs. However, in recent developments, the Nasdaq has dipped below the supporting trendline on the daily chart. […]
Market Analysis – Tuesday, April 23 Gold has exhibited remarkable performance throughout the year, with its price showing consistent upward movement. However, recent market dynamics have prompted a dip in its value, prompting a search for support to bolster buying sentiment. Key Levels for Gold: Demand Levels: 2074.30, 1975.80, 1813.50Supply Levels: 2431.30, 2400.00, 2500.00 Long-Term […]
Buyers are warming up in Sponge market SPONGEUSDT Price Analysis – 24 April A retreat in a trending market is unavoidable, yet further increases in sponge prices are typically anticipated. There is a possibility that the price barrier at $0.000356 will be broken if the bulls work harder. Key Levels: Resistance levels: $0.000311, $0.000356, $0.000401 […]
The price of the Algorand token has increased by an impressive 18.19% as of the time of writing. This move started about six sessions ago when price action in the market rebounded off the support at the $0.1600 mark. The momentum gained at that point has led to the current increase. ALGO Statistics: Current Algorand […]
EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair continues its upward trend as it surpasses the obstacle at 165.00. During the previous price movement, purchasers attempted twice but failed to keep the price above the overhead barrier. Following the rejection, the Yen fell below […]
Sellers’ momentum may increase in S&P 500 market S&P 500 Price Analysis – 23 April If the $5056 level holds, the S&P 500 may rise and break up into the resistance levels of $5108, $5196, and $5265. The price will be exposed to the support levels at $4968 and 44876 if the $5056 support level […]
