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.
AUDUSD Price Analysis – August 13 In the early American session, AUDUSD consolidates the European session spike to a two-day high of 0.7188 level. Nonetheless, the bulls seem to lose follow-through as they attempt to broaden the upside in a cautious mood on the market. Key LevelsResistance Levels: 0.7295, 0.7241, 0.7200Support Levels: 0.7150, 0.7076, 0.6921AUDUSD […]
Gold (XAU/USD) appears to be stabilizing around the $1,930 area after an extremely-erratic period triggered by heavy profit-taking, which saw the commodity fall by more than $200 over a few days. Gold has since recovered by about $100 from that decline. At the moment, gold bulls have now gone into “hibernation” following a strong recovery […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is currently rising and approaching a resistance level at 76.78. It will be making a downward move after being resisted. On July 22, an uptrend reached a high of 76.87 and was repelled. Thereafter the pair continue […]
EURUSD Price Analysis – August 13 The appearance of some fresh selling around the US dollar supported the EURUSD pair to reverse an initial fall into the mid-1.1700 range. EURUSD is presently hacking away at a psychological barrier of 1.18 plus, setting it at a low level of 1.1777 at the European Session. The US […]
Key HighlightsBCH recovers and remains stable above $280The crypto will reach a possible target of $380 Bitcoin Cash (BCH) Current StatisticsThe current price: $287.29Market Capitalization: $5,311,463,732Trading Volume: $1,729,223,814Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 13, 2020Recently, BCH faces rejection at $320 resistance while trying to […]
Bitcoin SV Price Analysis – August 13 The price may decrease further to $179 support level in which it may extend to $153 and $134 should the bears increase their pressure. In case the support level of $179 holds, buyers may start buying and expect to find resistance levels at $217, $259, and $311. BSV/USD […]
RISK CONTROL TECHNIQUES IN TRADING Risk is ever present in trading, just as it is in other areas of life. The good news is that the risk inherent in trading can be controlled effectively, thus enabling you to be permanently triumphant. No-one on earth can trade repeatedly without any loss, no matter the trading strategy […]
Bitcoin’s (BTC/USD) erratic price action over the past few days has kept its near-term trend in obscurity, as it is yet to close above or below any key technical level. Many analysts now believe that a highly bullish pattern is emerging, which could have a major influence in the near-term. The ascending triangle, which we […]
According to forecasts by analysts at Wells Fargo, the eurozone economy will contract by 8.3% in 2020. They expect a 4% GDP growth in 2021. They revised up their forecast for global growth by one-tenth of a percentage point for 2020 and three tenths for 2021, to -3.7%, and 4.7%, respectively. “The level of economic […]
