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: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair is in a bullish trend. Since on May 19, the market has been fluctuating between level 0.89000 and 0.90000. The pair is currently falling and approaching the low of level 0.88874. An upward move is likely to […]
The crypto derivative activity soared in May and registered an all-time high, as per a report released by crypt data company CryptoCompare. CryptoCompare says in a recently released May 2020 study that derivative volumes soared to $602 billion, a 32 percent leap. The research also stated key development channels. As per the report, for May, […]
GBPUSD Price Analysis – June 7 The GBPUSD pair progressed to stabilize in the 1.2660 price area for the seventh day in a row since reaching a daily high level of 1.2731. The pair first became influenced by optimistic US job data but rather stayed bolstered by growing demands for high-yielding securities. Key LevelsResistance Levels: […]
GBPJPY Price Analysis – June 7 The buyers have been driving GBPJPY to its peak after late February 2020 without yielding. The upward pressure stays intact with the spot continuing for a breach beyond the level of 140.00. Amidst some new buying pressure emerging, it becomes worth waiting for some follow-through buying before validating its […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishUS Wall Street 30 index is in an uptrend. A correction candle body tested the Fibonacci 0.618 retracement level. This indicates that the index’s first target will be at the 1.618 extension level. Later, the uptrend will […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX is currently in an uptrend. A correction candle body tested the Fibonacci 0.618 retracement level. This indicates that the FTSE 100’s first target will be at the 1.618 extension level. Later, the uptrend will continue after the 1.618 retracement level. […]
Key Resistance Levels: 0.64000, 0.65000, 0.66000Key Support Levels: 0.58000, 0.57000, 0.56000 NZD /USD Long-term Trend: BullishNZD /USD pair is in an uptrend as it breaks level 0.62000. A correction candle body tested the Fibonacci 0.618 retracement level. This indicates that the New Zealand dollar’s first target will be at the 1.618 extension level. Later, the […]
Bloomberg seems to have joined the long list of entities on Bitcoin which are pretty bullish. The number one coin could be hitting $20,000 before the end of the year, as per a Bloomberg Crypto Outlook publication. One justification Bloomberg predicts that Bitcoin matures very amazingly. It contrasted the maturity rate of Bitcoin to that […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 is in an uptrend. A correction candle tested the 0.382 Fibonacci retracement level. This indicates that the index will rise and reach 2.618 extension level. However, the first target price of the index is at level 1.618 […]
