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.
S&P 500 Price Analysis – April 28 The S&P 500 is up on the optimism that coronavirus lockdown will soon end, as the Economy at least partially re-open. Consequently, at the time of writing, we see the S&P 500 rise by 1.50 percent from a low of 2858.2 to a high of 2915.0 levels. Key […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish On April 23, Ripple rebounded at the low of $0.186 but was resisted at $0.20. The market pulled back above $0.195 support. The bulls have succeeded in breaking the initial resistance at $0.195 but have failed to push above […]
Millions and millions of dollars per year can be concealed in risk-free earnings on the Bitcoin markets, experts say. The Bitcoin market has expanded exponentially in the decade or thereabouts as it invented the crypto-currency. And while that development has not come in conjunction with market efficiency which, based on the latest studies recently released […]
Key Resistance Zones: 12800, 13200, 13600 Key Support Zones: 11600, 11200, 10800 Germany 30 (DE30EUR) Long-term Trend: Bullish Germany 30 is currently in an upward move but it is currently facing resistance at level 10800. Since April 13, the bulls have failed to penetrate level 10800. Rather, the market is trading below the resistance. On […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Bearish The EUR/GBP pair is in a downward move in March and the selling pressure extended to April. The market fell to a low of 0.86962 and made an upward move. The bulls’ upward move was short-lived as they […]
EURUSD Price Analysis – April 27 The single currency extends the bullish momentum into Monday’s session and boosts EURUSD to the 2-day high region about 1.0860 unyielding level in an attempt to stabilize the recovery to 1.0900 level. The leading countries in Europe also have confirmed substantial changes in COVID-19 figures. Key Levels Resistance Levels: […]
USDWTI Price Analysis – April 27 Oil prices started on a sour note in the last week of April, dropping over 8 percent during Monday’s session on sustained over-supply fears. A barrel of the North American benchmark, West Texas Intermediate (WTI), is losing value close to $14.50 level, marking an 8.85 percent decline on the day. […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish Ethereum reaches a high of $200 but faces rejection. Currently, the market is fluctuating above $190 support. Before now, the coin has fallen to $170 low after being resisted at $190. Nonetheless, the bulls broke the resistance at $190 […]
Bitcoin transactions in Argentina are growing steadily, ahead of a potential deficit on foreign debt of USD 65 billion. Since January 2018, the Bitcoin price in Argentina in terms of Argentine Pesos (ARS) has increased by 1.028 percent. Whilst a considerable portion of this Bitcoin increase in volume may be justified by the ARS depreciation, […]
