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.
XAGUSD Price Analysis – November 2 Silver price is embarking on a recovery journey beyond the $24.00 level early in the week with prospects of an upside move towards the $24.50 level amid critical events and the US elections. However, the dollar maintain gains as the US election and Fed meeting lurk around the corner. […]
XRP/USD Market November 02 When the sellers gather enough pressure and the daily candle penetrate the $0.23 level downside and close below it, then, the bearish movement will continue to the $0.22 and $0.21 support level. On the other hand, the bulls may prevail and the price will increase towards the resistance levels at $0.25, […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishEUR/GBP has been in a downward move since September 11. The selling pressure is reaching bearish exhaustion. On October 21 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. This implies that the pound will fall and reverse […]
Global stocks have dropped markedly last week, in part as the spread of the coronavirus has reached new all-time highs. Equally important, American investors have eased their positions in preparation for the presidential election. The yen and dollar rose sharply and ended up being the strongest. The euro has been the worst performer since a […]
GBPUSD Price Analysis – November 1 The GBPUSD pair posted a modest intraday advance in the prior session but selling bias holds lower under the 1.3000 level. Prime Minister Boris Johnson announced a UK nationwide lockdown on Saturday, also extending coronavirus wage subsidies. GBPUSD may trend lower at the weekly opening and lose the 1.2881 […]
Distributed ledger technology (DLT) is a digital structure used for documenting/recording transactions of assets across multiple locations simultaneously. DLT, unlike traditional databases, is decentralized and has no governing body or central storage unit. Instead, transactions are authorized and stored by nodes spread across the globe, after which a consensus on every item is verified. DLT […]
Key HighlightsEther consolidates between levels 375 and $394The upward move likely Ethereum (ETH) Current StatisticsThe current price: $389.05Market Capitalization: $44,059,391,006Trading Volume: $8,913,925,698Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 1, 2020Ethereum has continued its upward move after recovering above $380 support. On October 30, the biggest altcoin […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishThe index has been in a downward move. The price has fallen and reached level 26400. There are signs of bullish signals as the downward move reach bearish exhaustion. Daily Chart Indicators Reading:The 21-day and the 50-day […]
GBPJPY Price Analysis – November 1 The GBPJPY price managed to swing higher at month-end lows and was last seen trading with modest gains, just to mid 135.00 psychological marks. Tomorrow is the 1st trading day in November, and the pound has been struggling over the last few days into the month-end. The rapid pace […]
