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: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishSince September, the pound has been falling. On November 13, the selling pressure resumes as the price fell to a low at 0.8890. The pair is making a series of lower highs and lower lows. Today, the price is making […]
Bitcoin (BTC) has suffered an unexpected drop by close to $3,000 over the past few hours. We have compiled a few factors we think precipitated this crash. 1- OKEx resumed facilitating withdrawals today, after an extended period of locking up investors’ funds on the exchange. This halt happened after the founder of the company was […]
EOSUSD Price Analysis – November 26 Further increase of the bears’ momentum may push the price to the low of $2.4 and $2.2 provided the support level of $2.7 does not hold. In case the $2.7 support level holds, the price may reverse and face the resistance levels at $2.9, $3.3, and $3.8. Key Levels: […]
AUDUSD Price Analysis – November 26 The AUDUSD pair is oscillating in a range, past the mid-0.7300 level, and consolidated its recent gains higher during the European session on Thursday. The recent optimism over the COVID-19 vaccine and clarity on the US political front undermines the US dollar’s strength and halts the pair’s decline. Key […]
The EUR/AUD traded on a sideways bias into the early European session Thursday, as volatility across markets spike. All eyes are now on the European Central Bank’s meeting minutes release. Speculators expect an expansion in Quantitative easing, but the extent of the easing is unknown. Also, there are suspicions that the apex bank could opt […]
EURUSD Price Analysis – November 26 EURUSD continues to gain traction for the 3rd day in a row and comfortably breaks past the 1.1920 marks. The pair registered a positive move and gained some follow-through traction on Thursday amid persistent selling pressure surrounding the US dollar. Key LevelsResistance Levels: 1.2150, 1.2011, 1.1920Support Levels: 1.1800, 1.1740, […]
XRP/USD Market November 26 After the price retracement, it may resume its bullish trend and the resistance level of $0.79 and $0.88 may be reached. Below the current price, the level is found the support levels at $0.55, $0.44, and $0.39. However, the relative strength index period 14 is at 70 levels bending down to […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is now in an upward move. The pair is currently facing resistance at level 77.0. On November 9, a retraced candle body tested the 61.8% Fibonacci retracement level. This retracement indicates that the pair is likely to […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is in an upward move. On November 10 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the pair will rise and reverse at level 1.272 Fibonacci extensions. That is at […]
