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: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair is in a downtrend. The Kiwi is still falling and it is approaching the low of level 0.6600. A correction candle body tested the 0.786 retracement level. The price has reached its target. The market is making a […]
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 has risen to the range-bound zone. The upward move was resisted at level 108.00. The price is on a sideways move as it fails to break above the recent high. The Yen […]
USDCHF Price Analysis – August 4 Last week, USDCHF struggled to finish underneath the low level of 0.9056 and the demand is strengthening in the near term. The 0.9467 marks are anticipated to cap the upside rally with the pair trading at around 0.9156 level and beyond today. Key LevelsResistance Levels: 0.9902, 0.9467, 0.9181Support Levels: […]
Global market sentiment performed significantly well in the past 24 hours, with the tech-centralized Nasdaq 100 (NDX) setting a new record high on Wall Street after rising by about 1.47%. Meanwhile, the S&P 500 (SPX) and the Dow Jones (DJI) also made significant strides with +0.72% and +0.89% respectively. The gains seen in the tech […]
S&P 500 Price Analysis – August 4 The main US stock index opened on Tuesday in the positive territory. As of writing, the S&P 500 Index (SPX) has been at its highest level since late February at 3288 levels, losing 0.25 percent per day. The futures upside momentum tones down beneath the high level of […]
The past two weeks have been phenomenal for Bitcoin. Soon after the break of the long-lasting $9,200 resistance on the 21st of July, Bitcoin picked up impressive steam and—just two days ago—recorded a fresh 2020 high above the $12,100 line. A whopping 31% rise. However, it was immediately met with a strong correction to previous […]
Bitcoin SV Price Analysis – August 04 In case the coin can experience an increasing volume coupled with a bullish pressure, BSV/USD may start to correct gain significantly on the upside. BSV/USD Market Key Levels: Resistance levels: $259, $311, $364 Support levels: $217, $179, $153 BSV/USD Long-term Trend: Bullish BSV/USD found support at $153 […]
Key Highlights Litecoin next target is to retest the $65 high if the current resistances are breached The coin faces initial resistance at the high of $60 high as it drops to $58 Litecoin (LTC) Current StatisticsThe current price: $58.24Market Capitalization: $3,795,603,315Trading Volume: $2,218,738,506Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin […]
The dollar continued to rise early in the day but eventually gave up during US trading. The dollar rose for no apparent reason outside of the position adjustment at the beginning of the month. EUR/USD bounced off the 1.17 level, while GBP/USD found buyers around 1.30, clearly reflecting the limited interest in the dollar. In […]
