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: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY pair has been in an uptrend. The Yen is retracing after reaching the high of level 105.64. The retracement will persist if the price breaks below the SMAs. On the other hand, if the price finds support, the […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is now in an upward move. The index rebounded at the low of level 11400. The upward move is likely as price breaks above SMAs. The index is currently facing rejection at the recent high. Daily Chart […]
NEO Price Analysis – November 09 When the bulls push up the price to break up the two dynamic resistance levels, the bulls may likely break up the resistance level of $16 and expose the price to $19 and $22 price level. In case the dynamic resistance levels hold the price, bearish momentum may continue […]
Key HighlightsBitcoin Cash faces strong rejection at $280 resistanceBCH has a target price of $300.30 Bitcoin Cash (BCH) Current StatisticsThe current price: $265.24Market Capitalization: $4,924,877,755Trading Volume: $1,997,187,783Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November 09, 2020Bitcoin Cash has been trading consistently above the $250 support. Yesterday, […]
It appears that volatility has seeped back into the cryptocurrency market. In today’s session, Bitcoin (BTC) has gained and lost about $600 within just a few hours apart. This spike occurred on the back of the recent announcement by Pfizer, one of the largest drugmakers in the world, that they have successfully gotten a 90% […]
The dollar is trying to stabilize after recovering from a strong rally in US Treasury yields, which is also confirmed by a sharp drop in gold prices. The development keeps gold in a corrective pattern from 2075.18. That is, a break below support at 1848.39 is now back in sight. At the very least, development […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishThe pair has fallen to the low at 1.0672 and rebounded. The price has broken through the previous resistance level. The rally reached the high of level 1.0776. The uptrend is likely to continue as price breaks above the SMAs. […]
The AUD/NZD traded in a tight range between 1.0685 and 1.0725 in the mid-European session on Monday and was last spotted trading at the 1.0725 resistance. On Friday, Australia released its AIG Performance of Services Index, which showed a decent improvement from 36.2 in September to 51.4 in October. Meanwhile, the Aussie recorded a short-lived […]
EURUSD Price Analysis – November 9 EURUSD is off the highs as the pair retreats and stays beneath the 1.1900 level. The upbeat Eurozone Sentix data offered some temporary boost to the bulls but not enough to take out the 1.1900 resistance. Markets are eyeing further responses and coronavirus headlines. Key LevelsResistance Levels: 1.2011, 1.1917, […]
