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.
AUDUSD Price Analysis – January 9 The AUDUSD pair strived to locate its path during the Asian session amid differing releases of macroeconomic data and turned south in anticipation of the American session. At the time of composing, the pair has decreased by 0.06% per day at the level of 0.6851. Key Levels Resistance Levels: […]
USDWTI price Analysis – January 9 WTI jumped to 65.62 level after Iran’s strikes landed on the US military base in Iraq. But WTI speedily cut gains after strikes did not result in American casualties, however risking less further exacerbations. Key Levels Resistance Levels: $ 67.50, $ 66.49, $ 65.00 Support Levels: $ 58.69, 55.41, […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish Today, XRP dropped to a low of $0.2049, and further decline is likely. On January 6, XRP had a price breakout and the price reached a high of $0.22. The bulls could not sustain the upward move as they […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Interestingly, the bulls broke the resistance levels of $7,600 and $7,800. In the previous analysis, we had anticipated that Bitcoin may rise to a high of $9,200 if the overhead resistance was broken. The price action has […]
GBPJPY Price Analysis – January 8 GBPJPY drops to 141.12 level during the Asian session on Wednesday. However, during the American session, it recovered to 143.07 level. The pair stays in the background after the latest news showed that Iran fired several rockets at US targets in Baghdad, after which the FX pair recovered due […]
The Securities and Exchange Commission of the United States has proven that it is not slowing down any time soon on its mission to keep crypto-activities in check as its compliance department has included FinTech and digital assets as a top priority in 2020. This new development was announced via a press release from the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin has risen above the $8,000 price level. As earlier anticipated in the previous analysis, the bulls have successfully broken the resistance at $7,600 and $7,800. The bears have succumbed to the bulls at the resistance levels. […]
XAUUSD Price Analysis – January 8 Gold has reduced some of its early strong gains and now seems to have stabilized beneath the $ 1,600 price levels. The yellow precious metal has added gains in its recent achievements and spiked to the highest level since March 2013 during the Asian session on Wednesday amid growing […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bullish There is no denying the fact that the bulls have broken above the $42 resistance level. The bullish move has been sustained as the market continues its bullish run. The market is currently facing little resistance at the […]
