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.
BNBUSD Price Analysis – November 13 When the daily candle closes above the $29 resistance level, the price may increase to $31, penetrate it, and expose the price to the $33 resistance level. If it breaks down the support level of $26, then $24 and $22 support level may be tested. The relative strength index […]
EURJPY Price Analysis – November 13 The common European currency has declined by 0.54% versus the Japanese Yen from the prior session to sub 124.00 level while exiting the week in a bearish zone. The currency pair breached the moving average of 5 to trade lower. The upside potential against the JPY could be limited […]
USDCHF Price Analysis – November 13 The USDCHF pair is currently trading down at 0.9131, representing a downside shift from gain to 0.9191 level during the week. The pair has pretty much erased from its weekly high. The COVID-19 vaccine news represents a challenge for the Swiss franc strength. Key LevelsResistance Levels: 0.9362, 0.9296, 0.9181Support […]
Bitcoin (BTC) has recorded yet another YTD high around $16,500 before dropping to the $16,000 mark on Friday. Although the cryptocurrency has fallen close to 3% in the past 24 hours, investors are still very optimistic about the coming days and weeks. The recent drop to the $16,000 mark is presumed to be beneficial for […]
Key HighlightsLINK battles resistance at $13.50The coin has a targets price of $17 Chainlink (LINK) Current StatisticsThe current price: $12.77Market Capitalization: $5,000,418,623Trading Volume: $1,274,018,688Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis November 13, 2020On November 7, LINK traded and reached its peak price at $13.46 high. Buyers have […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 index has broken the range-bound move to resume upward move. The index rebounded above level 23000 and the price rallied to level 26000. The uptrend has been hindered by the resistance at level 26000.Japan 225 resumes a […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has not been trending since July as it continues its sideways move between levels 3200 and 3400. Today, the index is falling after rejection at the 3400 resistance. The price will fall to the lower price […]
The recent market shift away from the tech sector into traditional value stocks following the positive COVID-19 news could be short-lived. Investors have trooped into value stocks after a COVID-19 vaccine being developed by Pfizer showed 90% effectiveness against the novel disease. This bolstered companies with a traditional business model, especially at a time when […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair retested level 105.50 and resumed downward. The Yen has fallen to level 104.87 at the time of writing. The selling pressure will persist if the price breaks below the SMAs. Already, the price has broken the 50-day […]
