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.
The US equity markets had a bullish session yesterday with the Nasdaq 100 (NDX) growing by 0.42%, the S&P 500 (SPX) by 0.80%, and the Dow (DJIA) by 0.43%. The risk-on mood was triggered by the developments surrounding the November 3 Presidential Elections. Recent polls from the US show that Democratic Presidential candidate Joe Biden […]
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 upward move. Presently, the bulls have been attempting to break level 107.00 to no avail. Today, the bulls are attempting to break the resistance at $106.00. The Yen is currently rising. Daily Chart […]
Key HighlightsLINK faces rejection at $9.50 resistance The crypto may rise and reach a high of $14.11 Chainlink (LINK) Current StatisticsThe current price: $9.52Market Capitalization: $3,330,369,672Trading Volume: $1,484,847,104Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis October 9, 2020LINK has been making a consistent downward move since August 15. […]
Bitcoin (BTC) is currently trading around the $10,900 level, but it may not be at this level for long given a recent projection. As the benchmark cryptocurrency continues to strengthen its bullish fundamental foundation, one analyst has narrated that there’s currently sufficient capital on the sidelines in crypto to push Bitcoin to a $1 trillion […]
AUDUSD Price Analysis – October 8 On Thursday, the AUDUSD pair gained momentum and increased to a daily high of 0.7171 after holding on to gains beyond the level of 0.7100. The revived hopes for the next round of US fiscal stimulus measures, while alleviating investor concerns, remained supportive of the prevailing upbeat market sentiment. […]
EURUSD Price Analysis – October 8 EURUSD traverses without proper direction around the 1.1750/60 area in the second half of the week. Despite buying pressure, the popular European currency has dropped underneath the 1.1800 marks. Washington’s adverse headlines and fears about Europe’s coronavirus could drive the pair down. Key LevelsResistance Levels: 1.2011, 1.1917, 1.1807Support Levels: […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingAustralia 200 is fluctuating between levels 5800 and 6200 in the last four months. It is consolidating in a tight range. Buyers have tested the resistance line on three occasions to break it. Today, the index is rising to […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe Pound is on a downward move. The pair is currently falling. On September 16 downtrend; a retraced green candle body tested the 50% Fibonacci retracement level. The Pound will fall and reach the low of level 2.0 Fibonacci extension […]
The price action surrounding the EUR/AUD continued on its back-and-forth sentiment on Thursday, as the global markets continue to experience a deficit of volatility or market-moving events. Meanwhile, the publication of ECB’s Accounts indicated that the recent appreciation of the exchange rate did not go unnoticed by members of the Governing Council. The Accounts reported […]
