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.
NEO Price Analysis – December 22 The breakout at the resistance level of $19 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 Levels: Resistance levels: $19, $22, $25 Support levels: $15, $13, […]
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. Presently, the pair is moving up. Later, the downward move will resume. The price will reverse once it e reaches level 104.40. Daily Chart Indicators Reading:Presently, the SMAs are […]
Wall Street slipped lower in the early hours on Monday, with the Nasdaq 100 (NDX) falling as much as 1.4%, before rebounding and climbing higher. Meanwhile, Tesla (NASDAQ; TSLA) got most of the attention, as today marks the first day that the electric vehicle manufacturer’s stock will trade on the S&P 500 index (SPX). Meanwhile, […]
USDCHF Price Analysis – December 22 The USDCHF pair to 0.8900 level in the prior session returns 0.8845 low today while erasing earlier gains. The pair stays pressured in a tight range and is unable to preserve its momentum amid a lack of significant fundamental drivers. As of writing, the pair remains flat on the […]
S&P 500 Price Analysis – December 22 The S&P 500 setback extended to test lows around the 3600 level as expected but is continuing in the positive territory as economic recovery shows potential for the uptrend to the level 3900, but if due to the covid US will go to lockdown and the market may […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is in an upward move but it is facing resistance at level 13800. The index has resumed a downward move after rejection. The price plunged to level 13000 and pulled back. There seems to be buying pressure […]
Key HighlightsBCH faces rejection at $360The altcoin is fluctuating below the $320 resistance level Bitcoin Cash (BCH) Current StatisticsThe current price: $310.45Market Capitalization: $5,820,628,389Trading Volume: $7,309,753,117Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis December 22, 2020Yesterday, the bulls broke the $320 resistance and retested the $360 […]
While many financial assets have recorded in 2020 as a bad year, Bitcoin (BTC) has had a remarkable run and has grown by more than 220% on a year-to-date basis. Q4 2020 has turned out to be the most favorable for the benchmark cryptocurrency, as it has doubled its value since October and has recorded […]
All major news headlines seem to justify Monday’s sell-off that made the dollar king again. The dollar has a better day since March as risk aversion escalates after the UK discovered a new COVID-19 variant, Brexit trade talks missed another deadline, and as investors sell news that Congress was able to reach an agreement on […]
