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.
Price Analysis – November 20 When the bulls break up the resistance level of $2.7, the price may increase towards the resistance level of $2.9 and may extend to $3.3. In case the resistance level of $2.7 holds, consolidation may continue or the price may reverse towards the support levels of $2.4, $2.2, and $1.7. […]
After an epic surge that caused it to rally close to its all-time high yesterday, Bitcoin (BTC) is starting to show signs of a slow down. Although BTC appears to have entered a consolidation, there is still the likelihood that the cryptocurrency could see a fresh leg up. However, there is also the likelihood of […]
The dollar is climbing moderately today despite the first increase in jobless claims in five weeks. Euro and Swiss franc are followed closely. The global markets are still undergoing consolidated trading, with moderate weakness in European equities and US futures. The Australian dollar is pushing the New Zealand dollar down. However, there is no clear […]
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 rebounded and has risen to level 6600. On October 16 uptrend, a retraced candle body tested the 38.2% Fibonacci retracement level. This indicates that the index will rise and reach […]
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. The price is making a series of lower highs and lower lows. Presently, the pair is making lower highs. Later the selling pressure will resume. A sell limit can be initiated. Daily […]
Key HighlightsBCH finds support at $242 lowThe crypto will drop to $228 if the support at $242 breaks Bitcoin Cash (BCH) Current StatisticsThe current price: $247.56Market Capitalization: $4,614,863,201Trading Volume: $1,783,234,730Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November 19, 2020Since November 8, BCH has been falling consistently. […]
AUDUSD Price Analysis – November 19 The AUDUSD pair plunges to 4th day in a row low on Thursday after buyers repeatedly failed to breach beyond the 0.7339 barriers, as the dollar rebound amid fresh COVID-19 infections and fading optimism about the vaccine. An additional decline beneath the 0.7200 marks may pave the way for […]
The EUR/AUD traded on a bullish tone above the 1.6250, as the focus moved to the European Union (EU) summit set to hold later today, where leaders will likely push for a coronavirus recovery fund. The Eurozone is on the brink of a renewed economic contraction with the second wave of the Coronavirus sweeping across […]
EURUSD Price Analysis – November 19 Following upside rejections, EURUSD broke under and tests the low level at 1.1816 level creating a fresh buying opportunity at 1.1800 to 1.1816 range. The unremitting advance of the pandemic and its impact on the growth prospects of the euro area boost dollar gains on lockdown fears. Key LevelsResistance […]
