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.
GBPJPY Price Analysis – November 8 The strong buying pressure in the British pound pushed the GBPJPY cross to fresh session highs, around the 137.38 regions in the last session, albeit the pair retraced and stays capped under the psychological mark at 136.00 level. The persistent Brexit-uncertainties undermines the British pound and prevents any meaningful […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in an upward move since November 2. The share is rising but will reach the high of level 6000 before resuming a downward move. The overall trend has been on a downward move since June. The price has […]
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 upward move is currently facing resistance at the 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 […]
Jack Dorsey’s payments solution company, Square (NYSE: SQ), is currently making a killing in the Bitcoin (BTC) rally as a result of its affiliation with the cryptocurrency. This surge is evident in its stock performance and it has just released its Q3 investors’ letter. The company has registered a whopping $1.3 billion in revenue in […]
The labor market was stronger-than-expected in October, performing well ahead of the latest wave of coronavirus cases. The economy added 638,000 non-agricultural jobs and the unemployment rate fell a full percentage point to 6.9%. The government prepared data for the report in mid-October. The dollar continues to fall today despite stronger-than-expected employment data. However, selling […]
Key HighlightsLINK struggles below $12 resistanceThe coin targets levels $14 and $16 Chainlink (LINK) Current StatisticsThe current price: $11.72Market Capitalization: $4,583,787,703Trading Volume: $1,407,912,483Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis November 6, 2020LINK has been in a downward correction since September 13 when the bears broke the $12 […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 rebounded above level 23200 as price rallied above level 24325.90. There are possibilities of a further upward move as long as price is above SMAs. The market will continue with its upward. Daily Chart Indicators Reading:Japan 225 […]
EURJPY Price Analysis – November 6 EURJPY extends the rangebound trading following the recent bounce from lows beneath 122.00 level towards the 123.00 marks. The US presidential election has intensified, and it certainly appears to be a divided Congress. The Fed is ready to deliver more stimuli. All attention is on the US NFP and […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. The index is rising now after reaching the low at level 3220. The upward move may terminate at the level 3400 resistance zone. Daily Chart Indicators […]
