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 HighlightsThe crypto now fluctuates between $80 and $84A possible retest of the overhead is likely Litecoin (LTC) Current StatisticsThe current price: $81.33Market Capitalization: $5,384,495,588Trading Volume: $3,781,505,673Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis December 15, 2020Litecoin is trading at $82 as it attempts to retest the $90 […]
Bitcoin (BTC) and other altcoins have been trading on a mixed sentiment for a while now, as investors struggle to get any clarity on the crypto market’s next move amid the presence of intense volatility. Last week, Bitcoin plunged as low as $17,600 before finding some support, which sent it on a rebound. Last night, […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. On November 24, the index rallied to level 22500. The market has been consolidating below the resistance since November 24. The uptrend will resume if the bulls break the current resistance. The resistance […]
ADA Price Analysis – December 15 Should the bulls increase their momentum and push the price above the resistance level of $0.16, then, $0.17 and $0.19 may be tested. In case the price is rejected at the $0.16 level, price consolidation may commence. The support level can be found at $0.13, $0.11, and $0.10 levels […]
The latest set of economic data indicates that China’s economic recovery continues. Industrial production growth improved slightly, while investment in manufacturing accelerated due to strong export growth. Retail sales growth accelerated, which indicates a recovery in domestic circulation. USD/CNH is recovering gently as the trading range expands from 6.4960. Downward momentum is shrinking. But the […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD is in an upward move. Since November 2, the pair has continued its rally as it reaches the high of 0.70659. A retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the Kiwi will rise […]
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. In November, buyers have been attempting to break level 104.30 resistances. Each attempt at the resistance will result in a downward move. Today, the pair has fallen and it […]
Wall Street traded haphazardly on Monday as volatility took full control of the market amid declining risk appetite, most likely as a result of the announcement of renewed lockdown restrictions across the country. However, the Nasdaq 100 (NDX) managed to stay upbeat despite the current weakness surrounding the tech sector. The index’s upbeat performance yesterday […]
USDCHF Price Analysis – December 15 The USDCHF pair plunged to its lowest level of 0.8850 and stays pressured in a tight range while posting multi-year lows on Tuesday and seems to be having a difficult time staging a meaningful rebound amid the broad-based USD weakness. As of writing, the pair remains flat on the […]
