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.
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 action is characterized by small body candlesticks. The bears have broken the lower levels of the market. Presently, the index is trading at a lower price range. The price […]
GBPUSD Price Analysis – September 27 The GBPUSD pair closed for the 3rd day in a row unchanged beneath 1.2800 last Friday, as the Pound found support in Brexit-related headline and the risk-avoidance resurgence of the US dollar. The Pound has lost all of its earlier bounce and is weaker towards the immediate post-pandemic range […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair has been on a downward move. The Kiwi has already fallen to level 0.6511 but the downtrend is likely to continue to level 0.6437. The market is currently falling but has reached bearish exhaustion. Daily Chart Indicators Reading:The […]
GBPJPY Price Analysis – September 27 GBPJPY is continuing the rebound off the mid 134.00 level but on slower momentum, to further upside traction towards 135.00 level with caution for aggressive buyers. Hence, any subsequent move up might still be seen as an opportunity for sellers courtesy of the coronavirus resurgence-led new restrictions. Key LevelsResistance […]
Key HighlightsEthereum will attain a new high of $365The biggest altcoin is approaching the high of $380 Ethereum (ETH) Current StatisticsThe current price: $361.07Market Capitalization: $40,717,683,132Trading Volume: $13,605,136,063Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 27, 2020Today, Ethereum is trading at $359 at the time of writing. […]
BNBUSD Price Analysis – September 25 BNB may break up the two dynamic resistance level, which may increase the price towards the $28 – 30 resistance level provided $26 level does not hold. BNB/USD Market Key levels: Supply levels: $26, $28, $30 Demand levels: $24, $22, $20 BNBUSD Long-term Trend: Bullish The bearish reversal candle […]
The dollar and the Yen are retreating slightly today. Risk aversion recedes a bit. But as Asian markets struggle to find momentum for a recovery, risk aversion could return anytime before the close of the week. As for the week, the dollar remains the strongest, followed by the yen. The Australian dollar is performing the […]
An idea that has been getting thrown around recently is that Bitcoin (BTC) could hit a fresh year-to-date (YTD) high on the back of the upcoming US Presidential Election. This idea was sponsored by a recent quarterly commodity outlook published by American banking behemoth, Citigroup. The firm based its predictions on gold (XAU/USD) and its […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 is fluctuating between levels 22700 and 23500. The price is fluctuating and testing the resistance and the support levels but unable to break it. The market is now consolidating in the middle of price range. Daily Chart […]
