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 Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: BearishUSD/JPY was earlier in a sideways trend. The price has broken level 106.00 as the Yen resumes a downward move. A green candle body tested a 50% Fibonacci retracement level. It indicates that the Kiwi will fall and reach a […]
ADA Price Analysis – August 18 The crypto may commence another face of an uptrend in case the buyers gain enough momentum to push up the price and close above $0.15 level, then, an increase in price to $0.17 and $0.19 will be possible. ADA/USD Market Key Levels: Resistance levels: $0.15, $0.17, $0.19 Support levels: […]
Key HighlightsLitecoin rallies and approaches the high of $80LTC reaches another overpriced region Litecoin (LTC) Current StatisticsThe current price: $67.18Market Capitalization: $4,384,671,136Trading Volume: $3,914,720,483Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis August 18, 2020Today, Litecoin is trading at $68 after the bulls broke the $60 resistance. At the […]
Before now, Bitcoin has been idling under the $11,900 mark, despite the fresh influx of $6 billion into the global crypto space in the past few days. In the past few hours, however, a sharp boost in buying pressure surfaced, which took Bitcoin to the long-awaited $12k since August 11. This was a level that […]
The dollar fell against all of its major rivals amid concerns over the spread of the coronavirus in the United States. Even though according to the latest data, the country has registered about 35,000 cases of infection, the country has recorded more than 5.4 million cases of infection, and the death toll has exceeded 170,000. […]
The US dollar (DXY) experienced a sharp decline in the early North American session which boosted gold (XAU/USD) prices to the $1,991 level. The yellow metal grew by about $50 from its daily low, recording a daily high of $1,991 (its highest point since August 11) before retreating to $1,980 where it currently is. Gold […]
EURUSD Price Analysis – August 17 EURUSD posts increase for Monday’s 5th straight session, extending last week’s rebound of 1.1700 low level. The ongoing weakness in the greenback continues to sustain the upside momentum, as normal. The attention of markets remains constant on the U.S. political scene, where another fiscal stimulus package awaits approval by […]
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 trading between levels of 1.0700 and 1.0800. Price is fluctuating in the middle of price range. The pair is falling and approaching the lower price range. The price action is characterized by small body candlesticks. Daily Chart […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe EUR/GBP pair is in a sideways move. The pair is fluctuating between level 0.8950 and 0.9100. The price is fluctuating in the middle of the price range. The market is likely to fall after some time. Daily Chart Indicators […]
