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: 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. The price has been falling from level 105.50. On November 18 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the Yen will […]
The Nasdaq 100 (NDX) crashed by about 2.1% in the early hours on Thursday, as US lawmakers continued to draw out conclusive US stimulus talks and a hitch-free rollout of Coronavirus vaccines across the globe prompted investors to cash out their profits in the tech sector. The Dow Jones (DJIA) and the S&P 500 (SPX) […]
AUDUSD Price Analysis – December 11 AUDUSD upside rally furthers on its positive fundamentals registering fresh highs at 0.7571 level and continued scaling higher for the third day in a row on Friday. Australia’s key export item has risen to the all-time high as AUDUSD follows suit while reaching a fresh high beyond 0.7500, currently […]
Sterling relented again after the Brussels meeting ended with nothing more than comments that the UK and the EU were still far apart. Meanwhile, the euro is ambiguous as the ECB’s policy is expected to be revised. GBP/USD increased its losses, falling to a fresh bottom of 1.3184, the lowest level since November 18. Sterling […]
BNBUSD Price Analysis – December 11 The ability to break down the support level of $26 will expose the price to $24 and $22. In case the support level of $26 is defended by the bulls, the price may reverse and face the $29. $33, and $37 resistance price level. BNB/USD Market Key levels: Supply […]
Price Analysis – December 11 Further increase in the bears’ pressure will decrease the price to the $2.4 support level; the bearish momentum may extend to $2.1 and $1.5 if $2.4 does not hold the price. However, the resistance levels above the current price can found at $2.7, $3.0, and $3.3. Key Levels: Resistance levels: […]
EURUSD Price Analysis – December 11 EURUSD continues its upward movement with decent gains, approaching the previous daily highs in the area of the 1.2150 level. The pair recorded a high at 1.2143 during the exit of the American session and after all the events at the ECB. The European Central Bank (ECB) has added […]
The Massachusetts Mutual Life Insurance Company, a US-based mutual firm with over five million clients, has become the latest large corporation to allot a significant sum to Bitcoin (BTC). A recent Wall Street Journal report shows that the insurance firm has just purchased $100 million worth of BTC for its general investment account. Massachusetts Mutual […]
Key HighlightsThe bears broke the current price range between $280 and $300 as BCH declinesBitcoin Cash is likely to drop to level $240 Bitcoin Cash (BCH) Current StatisticsThe current price: $267.64Market Capitalization: $4,971,538,250 Trading Volume: $1,613,466,396Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis December 10, 2020Bitcoin Cash has […]
