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: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair is in a sideways move in May and June. The pair is still fluctuating between levels 0.89000 and 0.90000. The market is currently fluctuating upward to reach the upper price range. Presently, price is approaching the overbought […]
Key Resistance Zones: 74.000, 76.000, 78.000Key Support Zones: 66.000, 64.000, 62.000 AUD/JPY Long-term Trend: BearishAUD/JPY is in a downward move. The pair was earlier in a bearish trend. A correction candle tested the 0.786 Fibonacci retracement level. This indicates that the market will rise and reach a high of 1.272 Fibonacci level. The pair is […]
EURUSD Price Analysis – June 11 In the later part of the week, EURUSD increases slightly, returning to the 1.1380 regions after momentarily exceeding the key barrier at 1.1400 level. The euro has two distinct advantages over the USD attributable to the early success of Europe in defeating coronavirus and the aims of the EU […]
Gold (XAU/USD) has shown stability above the $1,730 pivot level in the early European session as bears scramble to reclaim dominance amid resurgent US dollar demand. The yellow metal capped its 3-days bull run at the $1,740 resistance level in the early Asian session on Thursday while a risk-off market sentiment brews and is reinforcing […]
A public Testnet for the much-awaited Shelley Mainnnet is now online, an official statement says. IOHK official Twitter confirmed the news on June 9. Cardano family members will familiarize themselves with features on the Testnet, in preparation of the mainnet, as per the tweet. “Today marks the start of our public Shelley Testnet, a hugely […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BullishFrance 40 is in an uptrend. A correction candle tested the 0.618 Fibonacci retracement level. This indicates that the market will rise to level 1.618 Fibonacci extension level. After reaching the first target the market is currently retracing. Thereafter, […]
GBPJPY Price Analysis – June 10 GBPJPY declines to level 136.65 within Wednesday’s European session. While doing so, the pair aims to break roughly 60 pips of the trading range established since the previous day’s mid-US session amid slightly risk-averse markets. Similarly, the Japanese foreign minister’s remarks, indicating no border opening with China just yet, […]
Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: BullishEUR/CHF pair is in an uptrend. The market has retraced to level 1.618 Fibonacci retracement level. The pair was earlier in an overbought region. Sellers have emerged to push prices down. The pair is likely to rise. Daily Chart […]
XAGUSD Price Analysis – June 10 SILVER finished at $17.53 on Tuesday and lost $22.0 (-1.22 percent). That being said, in today’s session, Silver (XAG) is growing as anticipated while buyers are about to challenge upside barriers at the $17.90/$18.00 level. As the market is steaming up and trading high back to the days before. […]
