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: 0.64000, 0.65000, 0.66000Key Support Levels: 0.58000, 0.57000, 0.56000 NZD /USD Long-term Trend: BullishThe Kiwi pair is in an uptrend as it breaks level 0.62000. A correction candle body tested the 0.786 retracement level. This indicates that the market will reach a high of 1.272 extension level. The Kiwi will rise and reverse […]
Over the past two days, three Ethereum users have spent more than $5 million to pay for network services, which is now indicated in the report as blackmail. Over the past two days, one user on the ETH blockchain network has paid a whopping $5.2 million for two small transactions totaling less than $500. Another […]
EURJPY Price Analysis – June 12 EURJPY has tried to retrieve strength after testing the 120.20 regions throughout morning trading and is now trading right beyond 120.50 level. The rebound tends to follow the better tone in market risk developments and further recovery may be well above 124.00 level towards the 2020 highs. Key levelsResistance […]
USDCHF Price Analysis – June 12 The USDCHF pair ripped out of its daily consolidated range and in the last hour leaped to new session highs, all over the region of 0.9475. The bullish market mood has eroded the Swiss franc safe-haven and has been seen as one of the big drivers that give certain […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 is an uptrend. Recently, the index reached level 23000 and was resisted. The index made a retracement as it found support above the 21-day SMA. As the 21-support holds, Japan 225 resumes upward movement. The index is […]
Key Resistance Levels: 2900, 3000, 3100Key Support Levels: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Price Long-term Trend: BullishThe SHCOMP is currently in a horizontal channel. The price is presently above the SMAs, indicating an upward of the index. The price was previously above level 2800 support. SHCOMP is rising to the previous highs […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingUSD/JPY pair is currently in a sideways move between the levels 110 and 106. Recently price fell to level 106.573 and commenced an upward move. Since April 1, the upper and lower price ranges are yet to be broken. The […]
Gold (XAU/USD) continues fairly bullish into the end of the trading week on Friday following recent market sentiment development. Although the price witnessed a slight retrace in the early hours of the Asian session today, a full reversal seems unlikely considering the absence of any major catalyst. Meanwhile, China has made progress with its clinical […]
AUDUSD Price Analysis – June 11 Through the mid-European session, the AUDUSD pair retained its heavily supply tone and is seen trading near daily lows, around 0.6915-10 levels. The pairs pullback from high has been sustained towards the 0.6900 level breach, as sellers may now look to further advance the plunge. Key levelsResistance Levels: 0.7205, […]
