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.
GBPJPY Price Analysis – August 26 The GBPJPY is exactly at the top zone which is very close to the start of the sellers’ pattern which appeals to a downside bias around 139.70-80 zone. GBPJPY is losing gains at 0.14% on a day while taking the bids near 140.13 high level during the early Wednesday. […]
Gold (XAU/USD) crept lower through the early European session on Wednesday and recorded a fresh weekly low at $1913 in the last few hours. The yellow metal continued on its correction from the $1962 region and has remained depressed for the fourth consecutive session since the US dollar (DXY) picked-up strong demand last week. Yesterday’s […]
XAGUSD Price Analysis – August 26 Silver traders fail to extend the late-US session recovery moves from $26.06 level beyond $26.80 level as the quote drops on sellers attempt at $26.00 mark during the early Wednesday European session. The XAGUSD prices pullback after rally upwards guided by an ascending trend line since the end of […]
Should the Bulls break up the resistance level at $0.29, then, $0.33 and $0.36 price level may be tested. In case the support level of $0.26 is penetrated by the bears and the daily candle close below the level, then, a further decrease in price to $0.21 and $0.17 should be expected. XRP/USD Market Key […]
Key HighlightsEthereum rebounds above $370 support and resumes upwardBuyers are likely to retest the $440 resistance Ethereum (ETH) Current StatisticsThe current price: $386.47Market Capitalization: $43,414,617,072Trading Volume: $12,741,970,565Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis August 26, 2020Since the bears broke the support at $400, the price fell to […]
In an interview with Fox Business on Tuesday, White House economic adviser Larry Kudlow said China is implementing a phase one trade deal. “US Trade Representative (USTR) Robert Lighthizer is pleased so far with China’s completion of Phase 1 of the deal,” added Kudlow. The USTR said in a statement that the parties considered steps […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingThe index is in a sideways move between levels 19000 and 21000. The index has been fluctuating since June. The price is now consolidating in the middle of the price range. The key levels of the index are yet […]
It can be said that a great deal of Bitcoin’s (BTC) short-term market bid now depends heavily on the outcome of the impending Jackson Hole Symposium later this week. The cryptocurrency has been weakening ahead of the event and has plunged by about 3.5% at the close of the London session on Tuesday, after recording […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingNZD/USD pair is in a downward move after testing level 0.6700. The pair is drawn in an ascending channel. It has been falling after the resistance was tested twice. The downward move will persist if price breaks below the support […]
