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.
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is range-bound between levels 12400 and 13200. The index fell to level 12900 and it is making an upward move. The price is now testing the resistance level. A downward movement of prices is expected. Daily Chart […]
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 fluctuating between levels 1.0740 and 1.0840. The price has fallen to a lower price range. Each time price falls to the lower price range, it will consolidate and then resume upward. Buyers are likely to take control of […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingSince on June 29, EUR/GBP has been fluctuating between levels of 0.89500 and $0.9150. These range-bound levels have not been broken in the last three months. Today, price is rising to retest the resistance level. Daily Chart Indicators Reading:The 50-day […]
EURUSD Price Analysis – August 24 The Euro recovered traction during the European session on Monday after the decline of 0.5 percent on Friday, but there is still a risk of a deeper pullback. The multi-month high pullback at 1.1965 level meets buyers at 1.1754 level, and the continuing extension past 1.1800 level today, triggers […]
Gold (XAU/USD) climbed higher in the early European session and has formed a new top around the $1950 area. After a brief consolidation phase in the early Asian session on Monday, the yellow metal appears to have found decent traction following the emergence of some selling pressure around the US dollar (DXY). The prevailing political […]
XAGUSD Price Analysis – August 24 Silver stays lackluster at around $26.45 level, up 0.25 percent a day, during Monday’s trading session in European markets. The White metal bounces off near-term lows near $26.20 level while prices increased as risk sentiment improves after the U.S. drug regulator approved the use of blood plasma from recovered […]
ADA Price Analysis – August 24 The price may bounce and continue on the bullish trend in case the demand level at $0.11 holds and it will encounter resistance at $0.13, $0.15 and $0.17 levels. It will continue its bearish momentum when it breaks down the demand level at $0.11 and more support level can […]
Key HighlightsBCH is consolidating between $280 and $320 after retesting the $300 highBCH rebounded and resumed a fresh uptrend Bitcoin Cash (BCH) Current StatisticsThe current price: $288.26Market Capitalization: $5,332,336,309Trading Volume: $1,057,353,790Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 24, 2020Since on August 20, the price action […]
Decentralized Finance (DeFi) is the fusion of traditional banking services with decentralized technologies like blockchain. DeFi may also be called Open Finance due to its inclusive format. It is important to note that the DeFi community is committed to creating alternatives to every financial service currently available. These services include items such as savings and […]
