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.
XAGUSD Price Analysis – July 1 Silver (XAGUSD) indicates a strong sequence from mid-June lows which supports more upside. During the European session, the white metal grew higher but XAGUSD struggled to maintain an upward spike past the $18.45 mark. Silver then plunged to register low at $17.53 intraday level. Key levelsResistance Levels: $19.65, $18.94, […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BullishFrance 40 is now is in consolidation after testing the low of 4 750. The price action is indicating the appearance of small body candlesticks. The market is presently fluctuating between levels 4750 and 5250. The small Doji and […]
Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: BullishEUR/CHF pair is presently is in a sideways move between level 1.06400 and 1.07000. The price has fallen to the lower price range and an upward move is expected. The upward move is expected at a high of 1.07000. […]
Key Resistance Levels: 1.42000, 1.44000, 1.46000Key Support Levels: 1.34000, 1.32000, 1.30000 USD/CAD Price Long-term Trend: BearishThe Loonie has been on a downward move as it reaches the low of 1.35400. The price action is indicating a bullish signal. A correction candlestick tested the 0.618 Fibonacci extension level. This indicates that the market will rise and […]
Gold (XAU/USD) climbed to fresh multi-year highs in the last few hours, with bulls aspiring to close-in on the $1,800/oz price mark. Following a modest consolidation in the Asian session on Wednesday, the yellow metal picked up fresh bullish steam and added to the overnight break above the previous one-week-old consolidation range. Not surprisingly, worries over […]
The on-chain liquidity protocol, Kyber Network, set July 7, 2020, as the date for its upgrade to the Katalyst protocol. On Monday, June 29th, Kyber announced that it was finally setting a date for a major update to its Katalyst champion product. The update will occur on Tuesday, July 7, 2020, at exactly 7 a.m. […]
USDCHF Price Analysis – June 30 Although the USDCHF gained more than 30 pips in the prior session on broad-based USD strength and the bullish market mood. It has lost its momentum, however, and returned to trade beneath the level of 0.9500, where it was down 0.35% on the day. As attention turns to Powell’s […]
S&P 500 Price Analysis – June 30 The S&P 500 potentially stays beneath 3078.3 level to hold the initial risk lower for a leap beneath its moving average of 13 during its wider corrective period. The S&P 500’s most recent high at 3233 levels around the region corresponded to the moment when COVID-19 incidents shot […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishThe index is rising and in an uptrend. A correction candle body tested the Fibonacci 0.50 retracement level. This indicates that the index will rise and reach the 2.0 extension level. The trend is likely to continue after the […]
