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.
USDCHF Price Analysis – August 7 The USDCHF pair is rising on Friday for the second day in a row, moving away from the lowest level it has reached at 0.9050 level in five and a half years. The pair further recovers as buyers search for entry beneath 0.9181 level. The greenback posts mixed results […]
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 was earlier in a downward move but risen to the range-bound zone. The Yen is facing rejection at level 106.00 as price resumes consolidation below the resistance. The earlier downtrend has been terminated as price resumes sideways move. Daily […]
Bitcoin SV Price Analysis – August 07 BSV/USD is targeting the resistance level of $259 in which it may be penetrated in case the bulls increase their momentum. Another significant resistance level ahead can be found at $311 and $364. BSV/USD Market Key Levels: Resistance levels: $259, $311, $364 Support levels: $217, $179, $153 […]
Key HighlightsLitecoin bulls battle the resistance at $60The coin will reach its price at $65 if the resistance is breached Litecoin (LTC) Current StatisticsThe current price: $59.70Market Capitalization: $3,891,374,129Trading Volume: $2,319,180,382Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis August 7, 2020Litecoin is in a sideways move below the […]
Based on today’s performance, it appears as though that Bitcoin (BTC/USD) bulls are starting to lose traction. For the first time since the 21st of July, BTC has recorded a lower high as it struggles to break the $11,860 resistance. Also, it has been observed that more than $4 billion have exited the market in […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index fluctuates between levels 5750 and 6250 since May. The market is fluctuating in the middle of the price range. The price has retested the resistance and support lines twice but yet to break the key levels. Daily […]
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 market is in a choppy price action. The price moves up to retest the 0.9100 resistance and then fall to resume the sideways move. Since May the pair has been in […]
AUDUSD Price Analysis – August 6 AUDUSD declines from the intraday high of 0.7216 level to 0.7177 level, during early Thursday. Besides that, the pair register gains from the run-up to refresh a multi-month high at 0.7241 level for the third day in a row after the prior session. In the following trading session, the […]
Gold (XAU/USD) traded into the early European session on Thursday and was last spotted trading around the $2,050 region, a few points below the $2,055 all-time set yesterday. Investors continue in their worry over the pandemic-induced economic crisis and the dwindling prospects of a sharp recovery. This has largely favored the yellow metal in securing […]
