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.
Given the crisis in the financial space of recent, we are likely to witness a surge in demand for bitcoin credit cards. These cards are not ‘credit’ cards per se but function more like debit cards; you fund them with your bitcoin (or any cryptocurrency of your choice), then use it like traditional debit or […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: RangingThe index is fluctuating between levels 25000 and 27000 since June 10. The index is falling after testing the resistance line twice. The price has not broken the key levels of price range in the last two […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 share has continued to consolidate sideways since June. The price has broken below level 6000 support. The market has already fallen to level 5924. The share is reaching bearish exhaustion as buyers may likely emerge. Daily Chart Indicators Reading:The […]
GBPUSD Price Analysis – August 2 GBPUSD ended the prior session at around 1.3170 level, which was the highest in four months. The weakness of the greenback is driving pounds higher while in England the currency is shrugging off restrictions on 4.3 million people. The GBP has been heavily overbought against the USD implying vigilance […]
GBPJPY Price Analysis – August 2 After 5 days of non-stop upside momentum, the GBPJPY cross returns past 138.00 marks in the prior session, with bulls now eyeing a step to taking back the June 5 mid-139.00 mark. The JPY may find buyers if COVID-19’s second wave continues to climb in speed. The spike was […]
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. According to the Fibonacci tool, the pair will fall and reach a low of 0.786 Fibonacci retracement level. That is, […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 is range-bound between levels 22000 and 23000. The price has broken level 22000 and the downward move is likely to continue. On the downside, if the price breaks the support line and closes below it, the selling […]
Friday’s economic report highlights the release of Canada’s monthly GDP growth data for May, released by Statistics Canada at 12:30 GMT. After a sharp 11.6% contraction in the previous month, the report is expected to show that the Canadian economy grew 3.5% for the reporting month. However, following the release, Canada’s real gross domestic product […]
EURJPY Price Analysis – July 31 The recovery of EURJPY fell again short of the 2020 highs, running out of steam earlier in the session in the 124.31 regions. Despite the continuing corrective downside, the extra upside momentum stays intact on the cards and is predicted to retake the 2020 highs close to 124.50 range […]
