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.
AUDUSD Price Analysis – November 13 AUDUSD hovers around the 0.7226/31 range, bouncing off a one-week low of 0.7226 level, at the beginning of Friday’s session. The Australian dollar price remains depressed by a dismal market mood, and a receding optimism on the COVID-19 vaccine exerting pressure as the USD recover some ground. Key LevelsResistance […]
EURUSD Price Analysis – November 13 The EURUSD edged higher in the prior session as bears and bulls stay on the sideline at the 1.1800 marks. The dollar, however, recovered some ground ahead of the close. The number of newly reported coronavirus cases is growing exponentially, and the health systems are stressed in Europe. Key […]
Bitcoin (BTC) bulls continued on their new ATH mission today and have sent the cryptocurrency to a new YTD high at $16,220. The cryptocurrency market rose to a high of $460 billion in today’s rally, as about $12 billion flowed into the market. Despite the heavy sell pressure around the $16,000 level, expectations for new […]
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 above level 5910 to break the resistance at level 6250. On October 19 uptrend; a retraced candle body tested the 38.2 % Fibonacci level. This indicates that the index […]
Key HighlightsBCH is now in a tight range between $256 and $263The downtrend will resume if the price breaks below $250 support and the momentum is sustained Bitcoin Cash (BCH) Current StatisticsThe current price: $258.25Market Capitalization: $4,795,787,201Trading Volume: $1,655,805,290Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishEUR/GBP rebounds above level 0.8900. The pound is rising as it approaches level 0.9000. The pair is likely to face resistance at level 0.9000. A break above levels 0.9000 and $0.9050 will accelerate price movement. Daily Chart Indicators Reading:The 50-day […]
The EUR/AUD traded on a bullish tone in the early European session on Thursday, amid growing numbers of Coronavirus cases across the Eurozone. Global equity markets have been on a bull run this week following an upbeat COVID-19 vaccine announcement from pharmaceutical giant Pfizer (NYSE: PFE) and their German associate, BioNTech (NASDAQ: BNTX). However, the […]
Price Analysis – November 12 The increase in momentum of the bulls will push up the price to the resistance level of $2.7, which may be penetrated and test the $2.9 and $3.3 price level. Should the bulls fail to break up the dynamic resistance level, the bears may exert pressure to break down the […]
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 in an upward move. The Yen is in a sideways move after being resisted at level 77.03. On November 9 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the Yen […]
