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.
EURUSD Price Analysis – June 1 In the single currency, the upside traction stays well and tone for yet another session on Monday and is pushing EURUSD at an intray high of 1.1154 level to fresh 2-month highs. Nonetheless, the prevalent improved risk-on situation continues to lend support to the dollar retreat in pursuit of […]
The price of Gold (XAU/USD) remains steady above the $1,730-35 levels with an intraday high of $1,744.69 in the Asian session. The bullion is benefiting from the current risk-off sentiment by investors as tension escalates between the United States and China. The yellow metal is also benefiting from the increasing protests across the US. Despite […]
XAGUSD Price Analysis – June 1 Silver hits the highest ever since the end of February whilst pushing offers past the $18.20 level, hitting an intraday high of $18.38 level, up 1.85 percent in 24 hours, during Monday’s European session. In the aftermath of US-China trade war relief and escalating U.S. protests, the continuation of […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe EUR/GBP pair is correcting downward as it reaches the high of level 0.90000. At the recent high, the price action is indicating a bearish pin bar or a shooting star. The bearish pin bar is responsible for the downward […]
The United States Securities and Exchange Commission (SEC) has directed the reimbursement of up to $25.5 million to its depositors from a fin-tech, BitClave. The Commission has indicted BitClave with conducting an illegal initial coin offering (ICO) in the United States in a news report issued on 28 May. The SEC has reported that via […]
GBPUSD Price Analysis – May 31 In the previous session, the GBPUSD pair hit 1.2395 level, a two-week high, pulling back rapidly from the level to regain afterward on recovery and getting stuck at 1.2345 level. By the close of the week, the UK had not provided macroeconomic data with the emphasis now on Brexit […]
GBPJPY Price Analysis – May 31 Traders might sustain a selling bias on GBPJPY in the expectation that the pound weakness may extend more in the near term. As the cross tends to stay at 133.00, around the level. Negative Brexit news tends to weaken the pound, with persistent rumors that the BoE (Bank of […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishUS Wall Street 30 index is in an ascending channel. The index is in an uptrend as it reaches the high of 25632. The market fell after a minor resistance. US Wall Street 30 will rally above […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX is currently in an uptrend. The share traded and reached a high of level 6284. The market is falling after the resistance at the recent high. The current downward move may reach the low of level 6000 before resuming the […]
