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.
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe Pound is still trading in an uptrend. A red candle body tested the 61.8% Fibonacci retracement level. The Pound will rise and reach the high of level 1.618 Fibonacci extension level. That is the high of 0.9558. Daily Chart […]
Key HighlightsBCH is likely to drop to $197.08BCH is currently consolidating above $215 Bitcoin Cash (BCH) Current StatisticsThe current price: $220.67Market Capitalization: $4,090,436,535Trading Volume: $1,269,709,387Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis October 5, 2020On October 2 breakdown, BCH fell from the high of $223 to the […]
NEO Price Analysis – October 05 NEO is approaching a potential bullish reversal zone; the rejection of the price at the $16 support level may be a price reversal towards the resistance level of $19, $22, and $25. In case the support level of $16 does not hold, the price may reduce to $14 and […]
The AUD/NZD spiked significantly from under 1.0600 in late July to tops above 1.1000 in August. In September, the pair experienced a major retracement, which sent it to the 0.0717 September low two weeks ago. Throughout the last week, this pair has managed to rebound higher to the 1.0850 level. However, economists at Westpac (an […]
XRP/USD Market October 05 The closing of the daily bullish candle above the resistance level of $0.25 may increase to $0.27 and $0.29 resistance level. The inability to close above the resistance level of $0.25 may return the price to the bearish movement towards the support levels of $0.22, $0.20, and $0.17. Key Levels: Resistance […]
EURUSD Price Analysis – October 5 EURUSD is holding at 1.1707, suggesting a reversal of the bearish trend towards the 1.1770 level. Eurozone investor confidence improved more-than-expected in September, according to the latest data released by the research group Sentix on Monday. Key LevelsResistance Levels: 1.2011, 1.1900, 1.1770Support Levels: 1.1685, 1.1495, 1.1350EURUSD Long term Trend: […]
Gold (XAU/USD) etched lower through the Asian session on Monday and renewed its daily lows around $1887. However, it is beginning to show some bullish strength in the early European session. The yellow metal extended its decline from Friday’s eight-day high around $1917. The decline was sparked by the risk-on sentiment across markets, which tends […]
XAGUSD Price Analysis – October 5 Silver (XAGUSD) price prints a $24.04 intraday high level with 0.50% gains during Monday’s session. Buyers may re-attempt the prior week’s high at $24.40 level for new entries. Traders also resumed accumulating Silver on price correction as safe-haven demand reemerged amidst the second wave of coronavirus outbreak in Europe, […]
The coronavirus has spread its claws to the White House. President Trump announced on Friday that he and his wife Melania had contracted COVID-19. As the day went on, the news reported that several of his advisers and employees had also contracted the virus.Avoiding risks is the first step in helping the dollar recover slightly. […]
