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 Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. The price has risen to the upper price range. In a ranging market, the price will retest the upper and lower price range to resume the […]
Key HighlightsThe coin rallies to $16 highLINK crashes to $11.40 Chainlink (LINK) Current StatisticsThe current price: $12.44Market Capitalization: $4,897,406,689Trading Volume: $1,714,986,757Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis November 27, 2020Since on November 16, the bulls broke the $13 resistance and rallied to a$16 high. The uptrend was […]
Bitcoin (BTC) just underwent a 2018-like selloff after BTC whales sprang up at exchanges to profit on Thanksgiving eve. Data from blockchain analytics firm IntoTheBlock illustrated that whales dumped more than 93,360 BTC (worth around $1.6 billion) across several centralized exchanges after the benchmark cryptocurrency peaked around $19,500 two days ago. According to the analytics […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 rebounded above level 23200 to resume its rally. On November 16 uptrend, a retraced candle body tested the 78.6% retracement level. This implies that Japan 225 will rise to level 1.272 Fibonacci extensions and reverse. That is […]
EURJPY Price Analysis – November 27 EURJPY upside meets a tough barrier around the mid-124.00 level towards the end of the week on Friday. On the other hand, the currency exchange rate might make a brief retracement towards the 124.00 area within this session. Europe is seeing rays of light in getting the second COVID-19 […]
Wall Street traded on a mixed sentiment on Wednesday as the Thanksgiving Holiday in the US drew near. Yesterday was Thanksgiving in the US, and markets across the country were closed. Most sectors under the S&P 500 (SPX) traded lower on Wednesday, with Energy stocks and Consumer Stables leading the decline. The Nasdaq 100 (NDX) […]
USDCHF Price Analysis – November 27 The US dollar has continued its downtrend against the Swiss franc for the 3rd day in a row, extending its downside focus beneath sub 0.9100 level on Friday. The USDCHF stays on the defensive amid risk aversion weighing the dollar against the Swiss franc. Key LevelsResistance Levels: 0.9296, 0.9207, […]
Key HighlightsBCH faces rejection at the $360 resistanceBCH slumps to $256 after rejection. Bitcoin Cash (BCH) Current StatisticsThe current price: $269.66Market Capitalization: $5,011,228,966Trading Volume: $4,688,887,163Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November 27, 2020Today, BCH is trading at $256 after rejection at the $360 overhead resistance. […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is making an upward move. The index is facing rejection at level 0.6700. On Nov ember 9 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. This indicates that the index is expected to rise […]
