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.
Gold (XAU/USD) remained in a depressed mood through the early European session and was last spotted trading around the $1939 support. The yellow metal failed to facilitate a strong-follow through momentum from yesterday’s impressive bounce from the $1900 area, two-week low and was met with fresh supply on Thursday. The supply influx was most likely […]
Bitcoin SV Price Analysis – August 27 The coin is facing the support level at $185, in case the bears maintain or increase their momentum, the price may decrease to $179, further increase in the bears’ pressure may push down the price to $134 price level. BSV/USD Market Key Levels: Resistance levels: $198, $217, $237 […]
Key HighlightsBCH is falling as the bulls fail to break the $320 resistanceThere are indications that the coin will reach a low of $260 Bitcoin Cash (BCH) Current StatisticsThe current price: $274.62Market Capitalization: $5,080,638,415Trading Volume: $1,122,580,379Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 27, 2020Since August […]
Forex markets today continue to remain in a rather narrow range, ignoring strong movements in the stock markets. The Yen is generally low, but there are no signs of a breakout so far. Likewise, the dollar is also trying to find a clear direction, remaining the second weakest in a week after the Yen. The […]
Bitcoin continues to show significant weakness as it now hovers near the $11,350 support. Bulls have managed to hold defense at this level since yesterday, with every decline below this level being met with strong dip-buying. Earlier today bears tried to take BTC lower, forcing it down to $11,255. However, there was a sharp pickup […]
Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is in a sideways trend. The index is currently fluctuating between levels 4800 and 5200. The price is now rising toward the resistance level at level 5200. The uptrend will continue if price breaks above the resistance […]
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 price is likely to rise at the lower levels of the market. As the price consolidates, neither the lower price range nor the upper price level is broken. Buyers […]
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. However, since on August 18, the market has been in consolidation above the current support. The price has been fluctuating above level 1.3100. It is likely the price may have a breakout or […]
