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 Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish The pair has continued to consolidate within the confined range. Bitcoin is making an upward move between $8,400 and $8,800. The price reached the upper price range and was repelled. This has been the scenario since February […]
EURUSD Price Analysis – March 2 The euro continued to recover against the US dollar during the European trading session, while the pair headed past the level of 1.1100. Expectations that the Federal Reserve will lower interest rates have cut US yields, and the dollar has fallen sharply. EURUSD benefits from this dollar weakness. Key […]
USDWTI Price Analysis – March 2 WTI (oil futures) is slowing its pace of recovery from a new 15-month low level of $ 43.83 after the sell-off opening gap caused by China’s horrible manufacturing PMI data released on Sunday. On the contrary, further selling stays on the cards, and any accidental attempt to buying can […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin is currently stuck between $8,400 and $8,800. The bears attempted to pull out of the range but are still stuck in the range. Analysts are of the view that the downtrend ought to have fallen to […]
Australia has been very active in cryptocurrency since the beginning of 2020. However, the country underground has lately lagged in terms of the regulatory approach to cryptocurrencies. Adrian Przelozny from Independent Reserve, Australia, commented on this in a recent interview. He said that Australia’s biggest weakness compared to countries such as Singapore, with clear rules […]
GBPUSD Price Analysis – March 1 The market has experienced recovery from its lowest levels since 2016, while the price is now pushing for a consolidated structural shift. Ultimately, only returning beneath the 1.2500 level could jeopardize the freshly created constructive perspective. In the previous session, GBPUSD plunged from 1.2920 to a low of 1.2725 […]
S&P 500 Price Analysis – March 1 The S & P 500 had a terrible past week, when it broke past the level of 3000 during the end of the week, the market seems to be starting to change its setting as a whole, but is showing extreme volume downward. As the coronavirus begins to […]
Key Resistance Zones: 23200, 23600, 24000 Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: Bearish Japan 225 index was in an uptrend since August 2019. The index rose from the low of 20000 to 24000 in February. The bulls are currently facing resistance at 24000. The bulls made concerted efforts to break […]
Key Resistance Zones: 3100, 3200, 3300 Key Support Zones: 2700, 2600, 2500 Shanghai SE Composite Index (SHCOMP) Long-term Trend: Ranging Shanghai SE Composite Index is in a sideways trend in February 2019. In January the index was in an uptrend. SHCOMP rose from the low of 2464 to the high of 3219 and became overbought. […]
