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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.

Bitcoin Price Analysis — October 23

The week was a very eventful week for the cryptocurrency industry, with Bitcoin (BTC) recording a new YTD high above the $13k mark. Meanwhile, the whole cryptocurrency market grew by about $40 billion over the past seven days. The major catalyst for this disruptive move was an announcement from Paypal. The payment services provider announced […]

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Chainlink (LINK) Price Analysis: LINK Rebounds Above $10 Support, Targets Level $13.65

Key HighlightsLINK rebounds and resume uptrendLINK likely to reach a new high of $13.65 Chainlink (LINK) Current StatisticsThe current price: $11.80 Market Capitalization: $4,583,936,899Trading Volume: $1,566,129,137Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis October 23, 2020LINK rebounded twice above $10 to break the resistance line of the descending channel. […]

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Japan 225 (JP225USD) Makes Upward Move, Faces Resistance at Level 23750

Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 is fluctuating in a sideways move below level 23750. The upward move has been hampered because of the overhead resistance. The price is fluctuating between levels 22950 and 23750. Daily Chart Indicators Reading:Japan 225 is at level […]

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Shanghai SE Composite Index (SHCOMP) Is in a Downward Move, a Drop to Level 3245.125 Likely

Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP is range-bound between levels 3200 and 3400 since July. The index is falling as it faces rejection at the upper price range. That is, a downward movement of the index is expected. The index is falling […]

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Wall Street Stalls as Investors Brace for U.S.–China Trade Talks

Nasdaq 100 Price Analysis — October 23

Wall Street traded on a choppy sentiment on Thursday, as investors’ mood was lifted by the prospect of additional fiscal stimulus to bolster the pandemic-torn US economy amid reports pointing to a slow-down in the labor market recovery. This week, Wall Street traded at the mercy of reports surrounding stimulus talks. The CBOE Market Volatility […]

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EURJPY’s Downside Attempt Halts at 123.41 Support Level on Positive Fundamental

EURJPY Price Analysis – October 23 EURJPY’s corrective downside from a recent high around 125.00 level meets decent contention at the 123.41 regions. The pair is attempting to recover higher against the Yen, following the release of positive PMI Manufacturing data from Europe. Key LevelsResistance Levels: 127.07, 126.46, 125.00Support Levels: 123.37, 122.37, 119.31EURJPY Long-term Trend: […]

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USD/JPY Consolidates Above Level 104.00, Resumes Upward Move

Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe USD/JPY pair has been in a downward move. The pair has fallen to level 104.34 and it is correcting upward. A retraced candle body tested the 61.8% Fibonacci retracement level. It indicates that the Yen is supposed to reach […]

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