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 (BTC) fell by more than $400 from yesterday’s high. The drop occurred unexpectedly as the daily candle for yesterday closed. Meanwhile, the decline appears to coincide with an ominous astrological event, which has some historical significance with Bitcoin and a sell set up. Following the recent Square BTC adoption-induced bull rally, the benchmark cryptocurrency […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is still in a sideways trend. Presently, the index is in the middle of the price range. The lower price range is intact as price resumes. In the meantime, it is consolidating between levels 18200 and 21000. […]
ADA Price Analysis – October 13 The price may reach the resistance level at $0.15 provided the resistance levels at $0.11 and $0.13 are penetrated by the bulls. The demand levels to watch in case the price reverse are $0.10, $0.08, and $0.07 ADA/USD Market Key Levels: Resistance levels: $0.11, $0.13, $0.14 Support levels: $0.10, […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD is on a downward move but faces resistance at level 0.6800. A retraced candle body tested the 61.8% Fibonacci retracement level. It indicates that Kiwi will fall and reach a low of 1.618 Fibonacci extension level. That is level […]
USDCHF Price Analysis – October 13 After the close of the second week in negative territory, the USDCHF pair appears to have entered a phase of consolidation as the US Dollar Index rallies, supported by safe-haven flows. As the dollar began to gain strength on Tuesday, USDCHF rallied above 0.9100 level as a result of […]
S&P 500 Price Analysis – October 13 The S&P 500 upside move stalls at 3544 levels while trading in the negative territory on Tuesday as investors adopt a cautious stance while waiting for fresh developments surrounding the US stimulus talks. As of writing, the S&P 500 was down 0.65% on the day at 3520 levels. […]
Wall Street equities saw significant growth yesterday, with the technology and financial sectors leading the rally, as investors await big bank earnings this week. JP Morgan, Citigroup, Bank of America, Goldman Sachs, and Wells Fargo are the major names headlining the Q3 report releases this week. Based on a report by Factset, earnings expectations over […]
Key HighlightsLitecoin has continued to rebound as it reaches the high of $51LTC has a target price of $55 Litecoin (LTC) Current StatisticsThe current price: $50.19Market Capitalization: $3,295,105,365Trading Volume: $2,496,458,935Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis October 13, 2020Since October 7, LTC has been making impressive bullish […]
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 an upward move. Presently, the pair is falling after facing rejection at level 106.100. Today, the Yen is attempting to resume an upward move. It is currently rising. Daily Chart Indicators Reading:The 50-day SMA […]
