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.
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishThe pair has risen to level 1.0850 and it is facing resistance at the recent high. Today, the pair tested the resistance and was repelled. Since July the resistance level has not been broken. There is a likelihood of further […]
The AUD/NZD maintained a bullish momentum through the trading session on Monday, amid a risk-off market mood. The declining risk mood seen at the start of the week has put the Aussie and the Kiwi on a backfoot against other major currencies. The risk sentiment got triggered by fears over the newly-found strain of the […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe pound is in a strong uptrend. It has broken the previous resistance levels and it is approaching the high of level 0.9150. On December 15, a retraced candle body tested the 50% Fibonacci retracement level. It indicates that the […]
Gold (XAU/USD) has regained stability in the mid-European session, following a sharp dip to a three-day low earlier today. The drop came just a few hours after the precious metal recorded a fresh 41-day high around $1907. The decline was majorly sponsored by the strong pickup in US dollar (DXY) demand, which tends to undermine […]
EURUSD Price Analysis – December 21 EURUSD fell below the 1.22 level and some subsequent selling could accelerate the corrective fall towards 1.2100. The resumption of the decline in major currencies may be associated with a rebound in the rally in the US dollar against its major counterparts. The US dollar index opened the week […]
Key HighlightsEthereum is struggling below $680 resistanceEther has a target price of $800 The current price: $625.94Market Capitalization: $72,044,435,562Trading Volume: $14,203,783,976Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis December 21, 2020After overcoming the $620 overhead resistance, the biggest altcoin has moved up to $670 high. Presently, the crypto […]
XAGUSD Price Analysis – December 21 Silver (XAG/USD) prices are on the move this week as the white metal breaks out from its recent range. Following its price action from the $25.80 opening price, XAGUSD has posted a recent high of $27.41 during the European session. USD’s rally during the European morning session was suppressed […]
Following a highly volatile week that ushered in a new era of the $20k level and a new all-time high around $24k, Bitcoin (BTC) fell into a slight consolation. However, the consolidation phase was rudely disrupted by a fresh leg up yesterday, which helped the cryptocurrency break the $24k barrier and record a new ATH […]
XRP/USD Market December 21 When the demand level of $0.55 holds the price, it will bounce and move towards the previous high at $0.72 provided $0.63 does not hold. Further increase in the Bears’ pressure may place the price at $0.55, $0.49, $0.79. Key Levels: Resistance levels: $0.63, $0.72, $0.79 Support levels: $0.55, $0.49, $0.44 […]
