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 12000 and 13000. The index fell to level 12900 and it is making an upward move. It is unclear the extent of the upward move. There will be further price movement if the […]
Gold (XAU/USD) has recovered from an early dip to the $1,930 region, recording a $1,957 high in the early Asian session on Monday. However, it has failed to show any significant follow-through momentum. The yellow metal has also failed to take full advantage of last week’s impressive bounce from a three-week low ($1,862) and has […]
XAGUSD Price Analysis – August 17 Silver (XAUUSD) consolidates the downside break started in the previous session as the price drops to $25.82 level. A caution flash to buyers implies the spot is primed for additional losses as the pair stays beneath $27.00 mark. Key LevelsResistance Levels: $30.00, $29.27, $28.15Support Levels: $25.00, $23.78, $21.38XAGUSD Long […]
Bitcoin SV Price Analysis – August 17 In case the bears were able to push the price and close below the support level at $217, then, the support level at $179 and $153 will be the target. Inability to close below the mentioned support level may allow the buyers to push the coin towards $259, […]
Key HighlightsBCH now battles resistance at l $310When uptrend resumes, the crypto will reach a target of $380 Bitcoin Cash (BCH) Current StatisticsThe current price: $304.98Market Capitalization: $5,639,582,494Trading Volume: $1,835,559,503Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 17, 2020Bitcoin Cash is now in an upward move. […]
Bitcoin has performed exquisitely well over the past few weeks. Since July, the benchmark cryptocurrency has grown by about 30% against the US dollar, performing better than most other macro assets. For some days now, Bitcoin, Etheruem, and Ripple have exerted dominance over the weakening US dollar. BTC continues to hold its gains above the […]
XRP Weekly Price Analysis – August 16 The price is moving towards the resistance level at $0.32, in case the level does not hold the price; the next targeted resistance level will be $0.36 and $0.39. Should the resistance level at $0.32 holds, the price action may form a double top chart pattern and the […]
The dollar remained initially weak amid mixed data and news from the US indicating that the US Congress decided to take a month’s vacation without agreeing on a stimulus package. Nevertheless, the major pairs ended the week practically unchanged and held at their usual levels. USD/JPY was an exception, hitting a new August high amid […]
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 sideways move. The price has fallen to the previous support level at level 0.65300. It appears the sideways move, may resume as price moves up. Daily Chart Indicators Reading:The Kiwi has fallen to level 53 […]
