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.
Bitcoin was met with yet another wave of heavy selling pressure at the $12,000 psychological line yesterday, which caused the cryptocurrency to shed more than $900 on its way back down to the $11,165 level. This will be the third consecutive time in 31 days that Bitcoin has failed to clear the $12,100 level. In […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is still fluctuating between levels of 1.0740 and 1.0840. The pair fell sharply to the lower price level after testing level 1.0850. The price consolidates above level 1.0750 for subsequent upward move. Daily Chart Indicators Reading:The pair is at […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is in a range bound move. France 40 is currently fluctuating between levels 4800 and 5200. The price is now rising to the resistance level at level 5200. The uptrend will continue if price breaks above the […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie is in a downward move. The downtrend resumed after retesting level 1.36 price level. A green candle body tested a 38.2% Fibonacci retracement level. USD/CAD will fall and reach the 2.618 Fibonacci extension level. In other words, the […]
Key HighlightsEthereum bulls break the $440 overhead resistance, targets $560 highThe altcoin faces rejection at $480 Ethereum (ETH) Current StatisticsThe current price: $443.52Market Capitalization: $49,867,098,122Trading Volume: $19,786,779,388Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 2, 2020Ethereum bulls have broken the $440 resistance as price reached a high […]
GBPJPY Price Analysis – September 2 GBPJPY holds moderately buying around level 141.76 amid the initial trading on Wednesday. And during further upside of the quote past level 141.61, the cross may inspire buyers ahead of taking them to the yearly high of level 144.95. Although this makes a significant achievement for the bulls, it […]
XAGUSD Price Analysis – September 2 Silver price increases past the $28.15 hurdle, up 0.45 percent on a day, during Wednesday’s session. The white metal leaps forward to the sixth month of gains also since it swung off in April. While the recent weakening risk-tone bias might contest the initial trajectories of the bullion, wide […]
Gold (XAU/USD) traded through yesterday’s North American session with a mild negative bias and was last spotted trading around the $1970 level. The mild negative bias from yesterday continued into the European session on Wednesday after extending its overnight correction slide from its two-week highs. The bearishness was induced by a combination of factors. A […]
XRP/USD Market September 02 Further increase in the XRPUSD is envisaged as the bulls open up the market today above $0.29 and the price will be confronted with the resistance level at $0.33, $0.36, and $0.39. Should the price be interrupted by the bears, the price may pull back to retest $0.29. Key Levels: Resistance […]
