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: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD has risen to the overbought region. Since July, the pair has been retesting the overbought region. The pair will reverse as soon as it reaches the overbought region at level o.6700 and 0.6800. Today, the price is reaching the […]
The Nasdaq 100 (NDX) traded with a good amount of volatility at the start of the week amid growing COVID-19 cases and dwindling hopes for a US fiscal stimulus package, which thwarted risk appetite. Meanwhile, a downtrodden outlook and quarterly report for Germany’s largest software company, SAP has added to the gloomy sentiment surrounding the […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair is currently in a downward move. Since June the pair had been in a downtrend. On October 21, the Yen has broken down to the low at level 104.34. The price corrected upward and resumed a sideways […]
ADA Price Analysis – October 27 An increase in the bears’ pressure may lead to the penetration of the $0.10 support level which may drop the price to $0.08 and $0.07 price level. The decrease in the bears’ momentum may prevent the breakdown of the $0.10 support level and this may push up the price […]
When it is about investing in Bullion markets, there are primarily three ways about how to invest in gold. The investors can choose from one of the below: – Purchase the metal itself– Invest in shares of ETF [Exchange-traded fund] that replicates the gold price– Trade future and options in the commodity market – mostly […]
The recent decision by PayPal to integrate Bitcoin (BTC) into its network continues to act as a major attraction for the cryptocurrency to popular individuals. The latest prominent figures to endorse this move are the Head of Facebook Financial, David Marcus, and Social Capital CEO, Chamath Palihapitiya. PayPal recently announced that users of its platform […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BearishThe index is now in a downtrend. The bears have broken the range-bound movement. It is making a downward move after facing rejection at the upper price range. The price is likely to continue falling to level 11669.30. Daily […]
EURUSD Price Analysis – October 26 Growing fears of a surge in Europe Covid-19 cases may slowdown economic recovery as new infections trigger stricter measures and prompt investors into safety. EURUSD risks a deeper decline at the 1.1800 level as buyers repeatedly failed to make a sustained break above the daily cloud top around the […]
Key HighlightsBCH is in a downward move, may reach the low $265The uptrend is likely to resume Bitcoin Cash (BCH) Current StatisticsThe current price: $261.90Market Capitalization: $4,859,529,239Trading Volume: $2,424,325,376Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 26, 2020For the past 24 hours, BCH has been on […]
