Azeez Mustapha

Trading professional, official analyst, representative at Instaforex Companies Group and freelance author.

Daily analysis of major pairs for October 23, 2017

22 Oct 2017 @ 21:32
The USD/JPY started making bullish efforts at the beginning of last week, and the efforts were successful. Price gained 170 pips, testing the supply level at 113.50 on Friday. The outlook on the market is bullish for this week, owing to the expected stamina in USD and expected weakness in JPY. Thus, the supply levels […]
 

Why do people ask me if I’ve stopped trading?

22 Oct 2017 @ 00:37
The question above is common whenever I come across people who used to be traders. They started trading because they thought it was easy and because they thought they’d strike it rich. Nevertheless, they discovered that trading isn’t easy and after they dashed their heads into the rock many times, they gave up. Whenever one […]
 

Weekly Trading Forecasts for Major Pairs (October 23 - 27, 2017)

21 Oct 2017 @ 11:46
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral Price went down on Monday and Tuesday, went up on Wednesday and Thursday, and came down again on Friday. This kind of erratic, zigzag behavior has resulted in a neutral bias on the market. This week, a rise in momentum is expected, for price […]
 

Greatland Gold gives another opportunity to go long

20 Oct 2017 @ 03:34
Greatland Gold stock (LSE:GGP) has given another opportunity to go long as it pulls back in the context of a downtrend. Price could go upwards from here. Price largely consolidated from May 2017 until October, when it broke upwards seriously (as price leaves the upper Trendline far, far behind). The RSI period 14 is also […]
 

Can Vast Resources sustain this bullish breakout?

20 Oct 2017 @ 03:24
Vast Resources shares (LSE:VAST) may be able to sustain the current bullish breakout in the market, taking advantage of the ongoing bullish momentum. 4 EMAs are used in this analysis and they are EMAs 10, 20, 50 and 200. The color that represents each EMA is shown at the top left part of the chart. […]
 

Daily analysis of major pairs for October 16, 2017

16 Oct 2017 @ 00:21
The EUR/USD is bullish both in the long-term and the short-term. However, the outlook on this pair is bearish for this week, and so it is for other EUR pairs. Therefore, the shallow bearish correction that was started last Friday could go on to become something significant as price goes towards the support lines at […]
 

Weekly Trading Forecasts for Major Pairs (October 16 - 20, 2017)

15 Oct 2017 @ 02:28
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went upwards last week, creating a short-term bullish signal, before price got corrected lower on Friday. This week, a movement above the resistance line at 1.1900 would reinforce the bullish bias (an unlikely event). On the other hand, a movement below the […]
 

Columbus Energy – a clean bullish market

11 Oct 2017 @ 10:33
Columbus Energy shares (LSE:CERP) have become a clean bullish market, following the bullish run which started last month. The bullish run is expected to continue for the reason below. The market consolidated in June, July and August; 2017 only to break out in September. That is the trend that remains in place till now. The […]
 

Asiamet resources likely to continue going upwards

11 Oct 2017 @ 10:23
Asiamet stock (LSE:ARS) is in a bullish mode and it is more likely to continue going upwards. The market is quite choppy, but bulls are excitedly active. There were series of short-term upswings and downswings in the past months, but the market has jumped higher this month, now above the demand level at 5.5. Price […]
 

Daily analysis of major pairs for October 9, 2017

09 Oct 2017 @ 08:40
The GBP/USD dropped by 320 pips last week, having dropped more than 480 pips since September 25, when the initial “sell” signal was generated. There is a huge Bearish Confirmation Pattern in the market, and further downwards movement is expected this week. There could, however, be a rally before the end of the week. EUR/USD: […]
 
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