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 Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishThe index is in an upward move. The uptrend reached a high of level 29200 and was resisted. The index dropped to level 26700 and resumed a fresh uptrend. Daily Chart Indicators Reading:The 21-day and the 50-day […]
Notably, Bitcoin’s (BTC) volatility has dropped in the past month compared to previous months. The benchmark cryptocurrency has been whipsawing in a $1k range between the $10,000 and $11,000 psychological marks. Last week, BTC struggled to reach the upper level of the range, near $11,000, however, all the efforts by bulls were brought to naught […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 is in a range bound move since June. The price is consolidating above the lower price range. The price action is characterized by small body candlesticks. The bears have broken the lower levels of the market. Presently, the index […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD resumes upward move but faces resistance at level 0.6800. The bulls have retested the recent resistance twice before making a downward move. The upward move is likely to continue to level 0.6720. Daily Chart Indicators Reading:The Kiwi has risen […]
GBPJPY Price Analysis – October 4 GBPJPY ended the week 1.22 percent higher at the level of 136.16 after gaining 15 pips (0.14 percent) on high volume in the prior session. While vulnerable, the cross has recovered quickly from multi-day lows and stays afloat at 136.00 level with a positive outlook. After some progress has […]
Key HighlightsEther resumes downward below $350 supportThe coin will reach a low of $312 Ethereum (ETH) Current StatisticsThe current price: $348.28Market Capitalization: $39,309,513,533Trading Volume: $10,279,076,887Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 4, 2020The current breakdown to $335 low was as a result of the rejection at […]
Guinness World Records documents a chimpanzee named Raven (Raven the chimpanzee), who became the 22nd most profitable funds manager in the United States. She picked her stocks by throwing darts at 133 online companies. According to the Records, the chimp created her own index, dubbed MonkeyDex, and in 1999 delivered a 213 per cent gain, […]
WHEN THE MARKET BECOMES INTRACTABLEEspecially in the short-term, anyone can make money in the market. However, beating the markets consistently and for the long-term is what most traders find difficult. While trading management and risk control tools are present for prudent traders to employ, they are not the ultimate secret. You can use a good […]
BNBUSD Price Analysis – October 02 The price may change direction if the daily bearish candle closes below the support level of $26.The bearish momentum may extend to the previous low at $24 and $22 support level. In case the demand level of $26 holds, the bullish trend may continue to $30 and $35 resistance […]
