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.
The AUD/NZD traded on a sideways momentum through the early trading hours on Monday, as it struggled to break the 1.0650 resistance. At press time, the forex pair is trading at 1.0649, up by 0.07% on the day. Job advertisements in Australia rallied for the seventh consecutive time in November, as the country’s second-most populous […]
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. The price has retested the resistance at level 0.9200 and pulled back. The bulls are still pushing […]
Gold (XAU/USD) inched lower in the early European session on Monday and has recorded a fresh daily low of around $1825. The renewed selling pressure got sponsored by the prevailing upbeat market mood as a result of the blooming optimism over the rollout of COVID-19 vaccines by Pfizer (NYSE: PFE). Investors’ risk mood got further […]
Key HighlightsEthereum is in a sideways move below the $620 resistance zoneThe crypto fluctuates between $540 and $580 Ethereum (ETH) Current StatisticsThe current price: $584.49Market Capitalization: $66,511,141,315 Trading Volume: $10,126,712,486Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis December 13, 2020Today, Ethereum is falling after retesting the $600 resistance zone. […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishUS Wall Street 30 uptrend is trading below level 30000. The price is attempting to break the resistance at level 30000. A break above the recent high will propel the resume upward move. Daily Chart Indicators Reading:The […]
XRP/USD Market December 13 In case the bears were able to push the price below the support level of $0.49, then, $0.33 price level may be reached as long as the bears can push down the price to penetrate the $0.44 and $0.39 price level. The resistance level above the current price level can be […]
The pound sterling was in free fall last week, hampered by Brexit talks after the UK and EU acknowledged that the deal was more likely to be abandoned. The deadline for negotiations was to end by Sunday. In the short term, the reaction to the Brexit talks will be in the spotlight early in the […]
After only two days since its foray to the $17,500 area, Bitcoin (BTC) appears to have recovered fully after a dramatic spike to the $19k region over the weekend. Several other Altcoins joined in on the weekend rally, except for Ripple (XRP), which remains bearish following the Spark (FLR) airdrop snapshot. On Friday, the benchmark […]
GBPUSD Price Analysis – December 13 GBPUSD continued weakness under the 1.3260 level may see the pair being sold towards the 1.3000 level. A nerve-wracking weekend concludes with growing fears Brexit talks could collapse. The Brexit saga lives on, promising a high dose of action. Key LevelsResistance Levels: 1.3700,1.3514, 1.3313Support Levels: 1.3200, 1.3000, 1.2813GBPUSD Long […]
