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: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is continuing the upward move but it is facing resistance at level 13200. The price is currently is in a sideways move below the overhead resistance. The index is fluctuating between level 13000 and 13200. Daily Chart […]
Bitcoin (BTC) has been on a bullish roll since early October, which has seen the cryptocurrency break several yearly highs. The most recent bull rally took the benchmark cryptocurrency to the edge of $19,000, almost doubling its price in just under two months. Such performance from any asset class attracts investors in their thousands, and […]
EURUSD Price Analysis – November 23 The EURUSD declines sharply from the 1.1900 area to the 1.1800 level, hitting the lowest level in two weeks. As of writing, it trades at 1.1815, 40 pips lower than the prior week’s close. The US dollar surge across the board after US data indicates economic recovery. Key LevelsResistance […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingThe pair has risen to level 1.0822 and it is facing resistance at the recent high. EUR/CHF is in a sideways move below the overhead resistance. The pair will move up to level 1.0850 if the current resistance is broken. […]
Gold (XAU/USD) traded on a directionless bias through the early trading hours on Monday and was last spotted trading close to the $1870 level. The yellow metal has managed to stall any further declines despite its apparent bearish undertone thanks to the strong selling bias surrounding the US dollar. The greenback came under heavy selling […]
XAGUSD Price Analysis – November 23 Silver price rose to $24.39 level, up 0.32% intraday, amid Monday’s trading session. In doing so, the white metal battles the $24.50 barrier as market hopes for fiscal support. XAGUSD trades sharply beneath highs made at the start of the European session but holds onto decent gains on the […]
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 EUR/GBP pair has been falling. On November 13, the selling pressure resumes as the price fell to a low at 0.8890. The pound is expected to further depreciate. Daily Chart Indicators Reading:The 50-day and 21-day SMAs are […]
The AUD/NZD traded on positive in the early European session, following the release of positive data from Australia on Friday. The Commonwealth Bank of Australia’s (CBA) released better-than-expected preliminary Manufacturing PMI readings for November. As a result, the Composite PMI saw a decent boost as well. Also, the ASX 200 extended additional support to the […]
Key HighlightsEther rebounds above $470 support, resumes upward Ethereum is in a fresh uptrend, targets the $620 high Ethereum (ETH) Current StatisticsThe current price: $565.32Market Capitalization: $64,184,370,910Trading Volume: $24,563,337,109Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 22, 2020Ethereum makes an impressive bullish run as bulls breach more […]
