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 negative bias in the early European hours on Monday, with both currencies struggling for dominance as they both have favorable factors surrounding them. Commodities continue to bolster the Aussie, with the daily measure of Australia’s commodity export nearing a 7-year high, as iron ore trades above $125 per tonne. November was […]
EURUSD Price Analysis – November 30 The EURUSD has continued its recent upside swing with an attempt to run through the 1.20 marks suggesting price is en route to its 2020 2-year high at 1.2011 level after days of range. The US dollar has also been on the back foot as news coming from the […]
XAGUSD Price Analysis – November 30 Silver (XAGUSD) resumes last week’s sell-off amid optimism for an economic rebound as the white metal slumps under the $22.00 level. Any rebound attempt is probably going to stay shallow beneath the confluence zone around the $23.50 level. Key LevelsResistance Levels: $26.00, $23.50, $22.83Support Levels: $21.66, $19.65, $18.37XAGUSD Long […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe pound is still making lower highs and lower lows. Presently, it is falling after rejection at level 0.8990. Since November 9, buyers have not been able to push above level 0.8990. Therefore the pound is likely to fall. Daily […]
XRP Weekly Price Analysis – November 30 In case the bulls continue to dominate the XRP/USD market, the price may soar to the resistance at $0.73, $0.79, and $0.88 levels. On the downside, the price may find support levels at $0.61, $0.55, and $0.49. XRP/USD Market Key Levels: Resistance levels: $0.73, $0.79, $0.88 Support levels: […]
The British pound finished in third place, and the late selling is worth mentioning. The clock is ticking as the Brexit transition period ends one month later. In the coming days, there may be a sharp movement of the pound sterling, in particular against other large European currencies. The pound sterling may be subject to […]
Bitcoin (BTC) has recorded a decent bullish uptick over the past 48 hours, as bulls aim at getting the bull rally back on track following the recent market-wide selloff. Meanwhile, the next directional trend will be a key determinant considering that the close of the weekly candle is approaching swiftly. The point of closure for […]
Key HighlightsETH trend higher and breaks the current price range of $480 and $520 Ethereum bulls buy the dips on November 26 and resume upside momentum Ethereum (ETH) Current StatisticsThe current price: $567.76Market Capitalization: $64,514,961,747Trading Volume: $14,304,766,539Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 29, 2020On November […]
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. On November 10 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise and reverse at level 1.272 […]
