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.
ADA Price Analysis – August 11 The buyers will have to gain enough momentum to push up the price and close above $0.15 level before Cardano can experience an increase in price to $0.17 and $0.19. The inability to break up the resistance level at $0.15 by the bulls may lead to ranging movement continuation. […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in a sideways move. The market has fluctuated between levels 19000 and 21000. The price is rising to retest the resistance level. The resistance level has not been broken since June. Daily Chart Indicators Reading:The 21-day […]
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 support line of the horizontal channel. It is also consolidating above the support line to resume an upward move. It is unclear if the downward move will […]
Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: RangingUSD/JPY is in a sideways trend. The bulls have been attempting to break above level 106.00 but to no avail. The Yen will rise to level 107.75 if price breaks above level 106.00. In the meantime, the market is still […]
Stocks and indexes traded with mixed signals yesterday amid dwindling prospects of a renewed Coronavirus stimulus package and the ever-increasing Covid-19 cases in the US. The Nasdaq 100 (NDX) was badly affected as traders ‘cashed-out’ of most of their positions on big tech stocks, which have been rallying since March. The NDX dropped by about […]
USDCHF Price Analysis – August 11 Given its recent rebound near a 5.5-year low of 0.9050 level, USDCHF continues to retain negative effect beneath the declining moving averages 5 and 13. If buying interest picks up, then in the next session we can see the pair trend higher. Key LevelsResistance Levels: 0.9902, 0.9467, 0.9181Support Levels: […]
S&P 500 Price Analysis – August 11 S&P 500 Futures bounce from 3360 levels, and up 0.70% on a day, during the European opening hour on Tuesday. The price seems to be steering its path into unknown territory towards a high of 3398 levels of around February. Coronavirus woes, concerns of escalating conflict between the […]
Key HighlightsLitecoin bulls continue its consolidation between $56 and $60The crypto has a target price of $76. Litecoin (LTC) Current StatisticsThe current price: $57.85Market Capitalization: $3,772,892,415Trading Volume: $2,589,546,782Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis August 11, 2020Today, LTC faces rejection at the $60 resistance as the market […]
Bitcoin SV Price Analysis – August 11 The breakdown of the support level of $217 will open the way for the sellers to push down the price to $179 and $153 price level. Inability to breakdown the level by the sellers will give room for the buyers to increase the price to $259, $311and $364 […]
