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.
ADA Price Analysis – October 20 Should the price test the resistance level at $0.11 and the daily candle close above it, then, $0.13 and $0.14 resistance levels may be tested. The inability to break up the $0.11 level by the bulls may trigger the bears to take over the ADA market. ADA/USD Market Key […]
Key HighlightsLTC struggles to break above the SMAsLitecoin may face further rejection at the recent high Litecoin (LTC) Current StatisticsThe current price: $47.57Market Capitalization: $3,125,947,038Trading Volume: $1,810,961,358Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis October 20, 2020For the past week, buyers were in control as they push price […]
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 is currently rising and the pair is yet to trend. The price is rising to level 106.0 where it was previously rejected. Buyers have not broken this level since September. Daily Chart Indicators Reading:The 50-day SMA and […]
Investors started the week with close attention to the US stimulus and Brexit, but both showed no progress as the US session draws to a close. The dollar and yen are under significant selling pressure again today. U.S. investors seem to be ignoring the continued rise in global coronavirus cases, which have surpassed the 40 […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is range-bound between levels 12300 and 13200. It is making is a downward move after facing rejection at the upper price range. The price is likely to continue falling as it is below the SMAs. Daily Chart […]
Bitcoin (BTC) has finally made a come back above $11,800 after several days of stagnation. The price has since retraced a little to the upper-$11,600 area. Nonetheless, the recent spike has quelled fears of the CME gap at $11,100 getting filled in the near-term. BTC is now trading about $800 away from its $12,500 YTD […]
NEO Price Analysis – October 19 The breakup of the dynamic resistance levels will push the coin to the $19 resistance level; further increase in the bulls’ pressure will place the NEO price to $22 and $25. In case the $19 resistance level rejects the price increase, bearish momentum may continue to $16, $14, and […]
XRP/USD Market October 18 The breakup of the $0.25 level may push up the price to $0.27 and $0.29 price level. The inability to break up the near resistance level may make the price to commence ranging movement within $0.25 and $0.23. Key Levels: Resistance levels: $0.25, $0.27, $0.29 Support levels: $0.23, $0.22, $0.21 […]
The AUD/NZD traded through the Monday on a bearish bias, as the pair continued on its descent from last week. The bearishness can be largely attributed to the weakness in the Aussie (AUD) as a result of a recent RBA announcement. The commodity-related currency dropped across the board after RBA Governor Philip Lowe glossed over […]
