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.
Markets are generally quite stable today, awaiting the close of the week. Major European indices are trading in a narrow range. US futures are pointing to a slightly higher open, arguing that yesterday’s sell-off may not last yet. Commodity currencies are generally more resilient today, with the dollar and yen the weakest. Stronger than expected […]
It has been a slow and choppy couple of weeks for Bitcoin (BTC). The cryptocurrency came tumbling down to the upper-$9,000 level after it recorded a fresh YTD high around $12,400 a few weeks ago. Weirdly, this offers little or no insight into the near-term outlook of BTC, although it has shown just how strong […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 index is fluctuating between levels 21900 and 23700. The price is trading close to the resistance zone. Buyers are unable to break above it. The price finds support above the SMAs after it is repelled at the […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP is consolidating between levels 3200 and 3400 since July. Since July, it has been fluctuating in a tight range. The key levels of the market are yet to be broken as price continues to consolidate. Daily […]
After three consecutive sessions of intense selling, the Nasdaq 100 (NDX) seemed to finally get a breather in yesterday’s session. However, that didn’t seem to last long. The bounce witnessed yesterday cut across the S&P 500, global equities, high-yield fixed incomes, commodities, and several other industries. That said, investors are wary about the current September […]
EURJPY Price Analysis – September 11 EURJPY pulls price around 125.58 level, up 0.43 percent daily, towards 126.00 round figure during the European session on Friday. The emerging risk-on sentiment is now raising EURJPY to fresh 3-day highs as ECB kept its monetary policy unaltered. Key LevelsResistance Levels: 127.50, 127.07, 126.78Support Levels: 124.43, 123.37, 121.96EURJPY […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe USD/JPY pair is currently in a sideways move. Since July the Yen has been trading between levels 105.00 and 107.00. The price action is characterized by small body candlesticks called Doji and Spinning top. These candlesticks indicate that the […]
USDCHF Price Analysis – September 11 USDCHF drops beneath 0.9100 level, down 0.25% on a day, during the European session on Friday. The USDCHF pair sustains selling bias falling sharply for the third day in a row. The Swiss franc holds onto recent strength after the ECB meeting as the US dollar stays under pressure. […]
A career in financial products trading is highly lucrative.There are many people all over the world who are already involved in this industry. Many only know about forex trading, whereas there are numerous assets and contracts one can trade. A trader in Singapore is open to invest in stocks, commodities, options and futures among others. […]
