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: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 is range-bound between levels 22000 and 23000. The price broke the resistance at 23000, but the selling pressure pushed price into range. The index is falling as price continues its downward move to the support level. Daily […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP is consolidating between levels 3200 and 3400 since July. The price has not broken these levels as the index fell back into the range. The market will continue the sideways move. Daily Chart Indicators Reading:SHCOMP is […]
Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: BearishUSD/JPY is in a downward move. The pair faces rejection at level 107.00. The Yen fell to level 105.283 and corrected upward. A green candle body tested 0.618 Fibonacci retracement level. The Yen will fall and reach a low of […]
The US stock market has been overwhelmingly strong since its pandemic-induced crash back in March. No event after that has had the power to keep the Nasdaq 100 (NDX) or the Nasdaq Composite (^IXIC) down for long. Many traders thought the modest decline seen on Wednesday was the long-overdue correction coming into play. But that […]
The dollar is regaining strength again after pullback dwindles again. However, the New Zealand dollar remains the worst. The loonie is currently the strongest in the Asian session and rallied as crude oil quickly rebounded from a sharp decline the day before. For the week, the pound sterling and yen are currently the strongest, while […]
EURJPY Price Analysis – August 21 Following last week’s 2020 highs close to level 126.80, EURJPY has proceeded on a corrective downside, which is now experiencing its 5th straight session. Early in the European session on Friday, the eurozone’s single currency declined by 65 basis points or 0.40 percent against the Japanese Yen as of […]
USDCHF Price Analysis – August 21 The USDCHF pair stays underneath the sellers’ influence through the early European session and was last seen trading near daily lows, with the pair now eyeing a break below the 0.9050 marks. A turnaround in the global risk market dominates USDCHF traction beneath 0.9100 level as Swissy retains safe-haven […]
BNBUSD Price Analysis – August 21 The breakup of the resistance level at $24 will open the price to the resistance levels at $30 and $35. The inability to penetrate the $24 price level may push down the price to support level at $22 and further declination may lead to $20 and $18 price levels. […]
Key HighlightsLINK may find support above $15 highThe coin will rise and reach another high of $21 Chainlink (LINK) Current StatisticsThe current price: $15.55Market Capitalization: $5,441,297,209Trading Volume: $1,626,841,844Major supply zones: $18.00, $20.00,$22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis August 21, 2020LINK price is making a series of higher highs and higher lows. […]
