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.
XRP/USD Market September 09 Should the sellers increase their pressure; the price will decline to a support level at $0.21 which may extend to $0.17 and a support level at $0.14. Any interruption by the buyers may cause an increase in the price towards the resistance levels at $0.26, $0.29, and $0.33. Key Levels: Resistance […]
Key HighlightsEthereum is likely to fall and reach another low of $260Ethereum risks further decline below $310 Ethereum (ETH) Current StatisticsThe current price: $334.37 Market Capitalization: $37,624,529,738Trading Volume: $21,351,580,520Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 9, 2020The biggest altcoin has been trading at $333 at the time […]
The Sterling remains under pressure today due to Brexit uncertainty. But the Swiss franc appears to be in the worst position at the moment, breaking the nearest support level against the US dollar. On the other hand, the yen and dollar remain strong in mixed Asian markets. The growing risk of no-deal Brexit continued to […]
The price of Bitcoin (BTC) is falling largely because the market is growing fearful of a replay of the dreaded ‘Black Thursday.’ However, considering the extent to which whales have acquired BTC over the months, a replay of that event is highly unlikely. Still, it remains unclear what the cause of the sudden trend is. […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is in a sideways trend. The index is consolidating between levels 18000 and 21000. Each time the price tests the resistance zone; the index will fall and resume the sideways move. The index is trading in the […]
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 is in a downtrend after rejection from level 0.6800. The pair is falling and will likely reach level 0.6600. A downward move to level 0.6400 is likely if the support at level 0.6600 cracks. Daily Chart Indicators Reading:The […]
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 fluctuating between level 105.00 and 107.00. The price is falling after being resisted at the 50-day SMA. The downward move is likely to continue to level 105.00. Since August 1, the bears have not been able […]
USDCHF Price Analysis – September 8 USDCHF soared to level 0.9200 on Tuesday after reaching a multi-week high as trend price shifts higher – the highest level after Aug. 12. The dollar discovered some demand across the market against the majority of the majors as USDCHF moved up approximately 0.30 percent. Key LevelsResistance Levels: 0.9902, […]
Given the absence of significant economic data, fresh comments from President Donald Trump on the US breaking off reliance on China could cause serious problems for the Nasdaq 100 (NDX), as the Federal Reserve’s monetary policy meeting for September approaches. However, with the incoming US Presidential election, many expected this to be a possibility given […]
