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Azeez Mustapha

Usoil Reaches an Overbought Region, May Face Rejection at $85.39

17 Jan 2022 @ 07:29
Key Resistance Levels: $80.00, $84.00, $88.00 Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: Bullish USOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
 

Annual Forecast for Gulf Keystone (2022)

15 Jan 2022 @ 13:54
Gulf Keystone shares (LSE:GKP) are currently going upwards, following the bearish movement that happened in November and December 2021. There is a new bullish signal in the market. Price is now above the EMA 21, and the William’s % Range period 20 is sloping upwards, and it is currently in the overbought region. This is […]
 

Annual Forecast for Meta Platforms (2022)

15 Jan 2022 @ 13:38
Meta Platforms stock (NASDAQ:FB) is a choppy market. Recent price action shows trendlessness, but it may go out of balance soon, resulting in a prolonged directional movement. The ADX period 14 is below the level 20, which means there is less momentum in the market right now. The DM- is below the DM+, which means […]
 

Annual Forecast for EURJPY (2022)

15 Jan 2022 @ 13:21
EURJPY Annual Forecast – Price Is Set to Scale New Heights With a Bullish Flag Formation The annual forecast for EURJPY is for it to scale new heights, having conformed to a bullish flag formation. The bullish flag formation, an offshoot of the triangle pattern, began towards the tail end of 2020 as bulls began […]
 

Annual Forecast for GBPJPY (2022)

15 Jan 2022 @ 13:10
GBPJPY Annual Forecast – Bulls Have the Bias in a Ranging Market The annual forecast for GBPJPY points to a bias in the bulls’ favor. The market has been in a ranging pattern as bulls and bears tussle for preeminence. Despite the bears’ being more aggressive, bulls are favored to gain preeminence. This is chiefly […]
 

Litecoin (LTC) Fluctuates Between $144 and $155 as Buyers Recoup to Resume Uptrend

08 Jan 2022 @ 12:24
Key Highlights LTC price resumes downward correction Litecoin fluctuates between $144 and $155 Litecoin (LTC) Current Statistics The current price: $148.18 Market Capitalization: $12,451,441,024 Trading Volume: $12,451,441,024 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis January 5, 2022 Litecoin’s (LTC) price is still in a downward...
 

Binance Coin (BNBUSD) Price Approaches Potential Bullish Reversal Level

08 Jan 2022 @ 11:59
BNBUSD Price Analysis – January 09 Further increase in the sellers’ momentum will push down the Binance Coin to break the support level of $430 and if the daily candlestick close below it, then, the price may decrease further to test the $364 support levels. BNBUSD Market Key levels: Resistance levels: $503, $540, $599 Support […]
 

Oh my stock! You really need to see this

30 Dec 2021 @ 15:11
Serica Energy Plc stock (LSE:SQZ) is currently in an uptrend and that is expected to continue in spite of the current pullback (which is shallow anyway). This bias on the market has often been bullish and that has remained unchanged. The market is currently above the upper Trendlines, and as long as it does not […]
 

Ashtead Group plc: AHT makes a renewed bullish effort

30 Dec 2021 @ 14:36
Ashtead Group plc shares (LSE:AHT) have made a renewed bullish effort, after the recent pullback in the market. The overall bias is bullish, although that is fraught with bearish corrections along the way. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]
 

Gold (XAGUSD) Is Stuck in a Range, Faces Rejection at $1,800

30 Dec 2021 @ 13:50
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold’s (XAUUSD) price is above the moving averages but faces rejection at $1,800. The market ought to rise as prices are above the moving averages. The bulls are yet to keep the price above the moving averages. Since […]
 
 
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