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.
Price Analysis – October 08 Should the bears have enough momentum to break down the support level of $2.3, then, the price will be exposed to $2.2 and $1.7 demand level. In case the bulls prevail over the bears, the resistance level of $2.7 will be penetrated and the price will increase to $2.9 and […]
Key HighlightsBCH declines to $212 low and resumes consolidation above $215The crypto risks further depreciation to $198 low Bitcoin Cash (BCH) Current StatisticsThe current price: $225.19 Market Capitalization: $4,174,792,272Trading Volume: $1,341,732,056Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis October 8, 2020Since the last bearish impulse on October 2, […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair has resumed the uptrend. The pair has already fallen to level 74.10 before the resumption of a fresh uptrend. On October 1 uptrend, the pair reached the high of level 76.05 but was resisted. The last retraced […]
New reports suggest that Bitcoin (BTC) is playing out another classic Whale manipulation following yesterday’s sharp $200 drop. This manipulation pattern has been discussed broadly in a previous article. It involves a tactic used by large BTC traders (Whales), which instills panic in the market and causes smaller traders with weaker hands to sell. The […]
GBPJPY Price Analysis – October 7 The GBPJPY cross soared to new daily highs during the early American session, but lacked any follow-through and stayed underneath the 137.00 marks. The offered tone around the safe-haven Japanese Yen (JPY) prompted the GBPJPY cross to regain positive momentum on Wednesday. Key LevelsResistance Levels: 147.95, 142.71, 137.84Support Levels: […]
XRP/USD Market October 04 An increase of the bulls’ momentum may break up the resistance level at $0.25 and if the daily candle closes above the mentioned level, then the price will target the resistance levels at $0.27 and $0.29. Looking downside, the barriers may be found at the support levels of $0.22, $0.20, and […]
EURCAD Price Analysis – October 7 The EURCAD currency pair seems to be giving out upside continuation signals across the board toward the 1.5700 level, in particular on the higher time frames. A tweet from US President Trump caused a downturn in the equities markets and sent the US dollar higher. Oil markets were having […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFrance 40 index is in a range bound move. The index is currently fluctuating between levels 4800 and 5100. Recently, the price broke the lower price range but pulled back into the range-bound zone. It is moving up to […]
Gold (XAU/USD) has refreshed its daily highs around $1898 and is currently trading at $1891 (+0.5%) in the early European session. The precious metal regained bullishness following reports that US President Donald Trump was willing to give aid to airlines and small businesses. However, charters concerning the European Union’s steel tariff on several Asian countries […]
