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.
S&P 500 Price Analysis – September 8 S&P 500 drops beneath 3400 amid the initial hour of Tuesday’s European session. The S&P 500 trades toward a key barrier around 3477 levels but lost momentum. The risk-barometer portrays the general market conditions amid a lack of major data/events. Key LevelsResistance Levels: 3588, 3522, 3477Support Levels: 3350, […]
ADA Price Analysis – September 08 The price is approaching the $0.08 price level; if the just mentioned level is defended by the bulls, the price may return to face the resistance levels at $0.01, $0.11, and $0.13. In case the bulls could not defend the demand level at $0.08, a decrease in ADA […]
Bitcoin SV Price Analysis – September 08 The ability to break up the two dynamic resistance levels will place the price at $185; a further increase in bulls’ pressure will place the price at the next resistance levels at $198 and $217. BSV/USD Market Key Levels: Resistance levels: $185, $198, $217 Support levels: $153, $134, […]
Key HighlightsLitecoin risks a further downward move if the $45 support cracksThe crypto is expected to reach the previous low of $39 or $41 Litecoin (LTC) Current StatisticsThe current price: $62.07Market Capitalization: $4,056,414,692Trading Volume: $2,551,618,695Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis September 8, 2020Following the bearish impulse […]
With Brexit talks on the agenda today, the European Commission official said in a regular briefing, “We are fully focused on making the most of this week’s round of talks. We share Prime Minister Johnson’s desire to reach an agreement quickly. We will do everything in our power to reach an agreement.” He warned that […]
Today was a slow day across markets as the US markets remain closed to observe the Labor Day holiday. Regardless, there appear to be some technical set-ups emerging around gold (XAU/USD). The yellow metal remained within a narrow trading range throughout the day and was last spotted trading around $1928. Gold has traded in a […]
Bitcoin (BTC) remains in its struggle to stay above the coveted 5-digit level but seems to be losing the battle as it has broken beneath that level several times in the past few days. At the start of the day, Bitcoin exhibited significant weakness as bears sent it as low as $9,880 where it carried […]
EURUSD Price Analysis – September 7 EURUSD holds the selling bias unaltered at the beginning of the week, although it has so far managed well to stay under pressure beyond the 1.18 level as the dollar maintains its resilience, holidays in the US and Canada hold volumes at lows. The good impact of European indexes […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingGermany 30 is range-bound between levels 12200 and 13200. Buyers face rejection at level 13200. The index has been fluctuating since June. It fluctuates at the resistance zone. Daily Chart Indicators Reading:Presently, the SMAs are sloping horizontally indicating the […]
