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: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bullish US30USD index is still battling the resistance at 24000. The resistance was partially broken on April 17 but sellers emerge to push price downward. Since April 9, the bulls have been making concerted efforts to […]
GBPUSD Price Analysis – April 26 For the 3rd day in a row, the GBPUSD pair posted a modest advance, but stayed within recognizable levels and ended the week in the red. During the last European session, the pound came underneath downward pressure as gloomy outlook weighs on GBPUSD beneath 1.2400 marks. Key Levels Resistance […]
GBPJPY Price Analysis – April 26 During the previous week, the GBPJPY pair rebounded to 133.67 level but slid back, indicating it wasn’t prepared for a bounce while at the same time rebounding from roughly 132.00 level. GBPJPY is trading in a range-bound as risks pitched tent with the bears at level 132.58 ahead of […]
Resistance Level: 7500, 7600, 7700 Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: Ranging FTSE100 is still in a sideways trend. The share is in a tight range between levels 5600 and 5800. Since March 26, the upward move was terminated at the resistance of 5800. The past month the bulls have made […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is still consolidating above $7,500 since March 23. The price action is characterized by small body indecisive candlesticks. The candlestick indicates that buyers and sellers are undecided about the next move of the coin. On the […]
Instead of closing off as originally intended, the Purse.io team is exploring proposals for acquisitions. The team at Purse.io on April 16 told the crypto community and fans they had resolved to dismantle the firm. The team continued to appreciate everybody who invested in them from moment one until June 26 this year and vowed […]
Key Resistance Zones: 23200, 23600, 24000 Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: Bearish Japan 225 index is fluctuating below 20000 resistances. Today, the market is in a downward move to the 21-day SMA. The price is retracing to the support of the 21-day SMA. Later, an upward move will resume […]
EURJPY Price Analysis – April 24 Over the prior trading session, the single European currency has declined more than 110 basis points or 0.98 percent against the Japanese Yen. After the plunge, EURJPY is seen bouncing off at mid-115.00 level out of its current fresh 2020 low. Key Levels Resistance Levels: 122.87, 119.99, 117.08 Support Levels: […]
Key Resistance Levels: 2900, 3000, 3100 Key Support Levels: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Price Long-term Trend: Ranging The SHCOMP index has been in a sideways move between 2850 and 3100. In March, the price fell to level 2650 ad then resumed an upward move. The bulls could not break above the […]
