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 Nasdaq 100 (NDX) grew by 1.9% at the start of this week in a continuation of Friday’s surge, as the index sought to end its 4-week-old retrace. The rally this week was broad-based, with the usual suspects like Apple (NASDAQ: APPL) and Microsoft (NASDAQ: MSFT) topping the charts. The financial and energy sectors were […]
NEO Price Analysis – September 29 The penetration of the support level of $19 may drive the price to the support level at $16 and $14. The inability to break down the $19 support level may expose the price to the resistance level at $22, $25, and $30. However, the signal line of relative strength […]
Key HighlightsLitecoin rebounds above $43 to escape the downtrendThe crypto faces resistance at the $48 resistance zone Litecoin (LTC) Current StatisticsThe current price: $45.61Market Capitalization: $2,990,040,077Trading Volume: $1,862,119,846Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis September 29, 2020Litecoin is trading at $46 high at the time of writing. […]
The sterling is broadly higher today after the Bank of England Deputy Governor said negative interest rates were not inevitable. The rebound of the pound is somewhat strengthening other large European companies. The Australian dollar is currently the second strongest on a rebound in stocks. The US dollar is trading lower overall, having lost gains […]
Bitcoin (BTC) has finally broken above the $10,800 pivot point and is making healthy strides towards the $11,000 psychological line and above. About $9 billion has been poured back into the global crypto market in the past 24 hours as the benchmark cryptocurrency clocked $10,900 for the first time in several days. Also, over $9 […]
Over the past week, the G10 currencies have been heavily stirred, following a corrective move in the US dollar (DXY). This correction has been the major driver behind the price dynamics in the FX market of late. Meanwhile, the Australian Dollar (AUD) has been one of the major underperformers, and not just as a result […]
EURUSD Price Analysis – September 28 At the start of the week, the single currency is steering in an unclear path, while the bias around the near-term trend of EURUSD remains weak underneath the level of 1.1685. The pair is trading at the level of 1.1654 at press time, having put in a low level […]
XAGUSD Price Analysis – September 28 Silver price is hovering around $23.28 level as markets traded from European to American open for Monday’s trading. The shinning metal earlier surged to $23.50 level but failed to keep the gains. A flight to safety amid growing fears over coronavirus resurgence and its implications on the global economy […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is range-bound between levels 12200 and 13450. Buyers may face rejection at level 13450. The index has been fluctuating for over three months. It has resumed upward after plunging to the lower price range. Daily Chart Indicators […]
