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: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD is in a downward move. The downtrend has reached bearish exhaustion. On November 9 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. This implies that the pair will fall to level 1.272 Fibonacci extensions and later […]
USDCHF Price Analysis – November 10 Despite USDCHF plunge to its lowest level in recent times below 0.9000, the pair posts an impressive rebound to 0.9175 level. As US Dollar Index climbs further on Tuesday, the pair continues to push higher and the risk-on market at the start of the week made it difficult for […]
Bitcoin (BTC) went into a frenzy yesterday, following positive developments of a possible COVID-19 vaccine. However, the benchmark cryptocurrency’s volatility appears to have calmed down and was last spotted trading around the $15,300 area. Volatility in the altcoin market has also been stabilized over the past 24 hours. BTC showed immense strength throughout last week, […]
S&P 500 Price Analysis – November 10 S&P 500 pullback from the all-time high continues lower as it retreats beneath the 3350 levels during early Tuesday. The COVID-19 vaccine-induced optimism, mainly propelled by headlines from Pfizer-BioNTech research boosted the financial markets but later weakened. Key LevelsResistance Levels: 3750, 3600, 3550Support Levels: 3500, 3400, 3210S&P 500 […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index plunged to level 17710 and resumed the uptrend. The uptrend was a strong bounce above that made the price rally above level 20810. The recent rally has breached many resistance levels […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD is now making an upward move. The price has broken the resistance at 0.6800 high. On October 27 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. It indicates that the Kiwi will rise and reach level […]
Key HighlightsLitecoin is in a downtrend after rejection at the $64 highThe coin retraces and holds above $58 high Litecoin (LTC) Current StatisticsThe current price: $57.98 Market Capitalization: $3,818,051,035Trading Volume: $2,616,337,730Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis November 10, 2020For the past week, Litecoin has been falling after […]
US equity markets went into a frenzy on Monday, following positive results and reporting of a COVID-19 vaccine candidate by Pfizer (NYSE: PFE). The company’s mRNA technology-based vaccine showed a 90% effectiveness result in an initial phase 3 clinical trial. The result was largely better-than-expected, although there are worries that its effectivity could depreciate as […]
ADA Price Analysis – November 10 The price may likely reach the resistance level of $0.11 level and possibly break it up to test $0.13 and $0.15 level. In case the resistance level of $0.11 holds, the price may reverse towards the south and decrease to support levels at $0.10, $0.08, and $0.07. ADA/USD Market […]
