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Azeez Mustapha

Annual Forecast for FTSE 100 (UKX) – 2020

16 Feb 2020 @ 19:16
FTSE 100 (FTSE:UKX) is not currently that attractive, as price is neither bullish nor bearish in the long-term. In the short-term, the bias is bearish but bulls are trying hard to reverse this. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]
 

Gold Is Trapped In A Narrowing Price Band Lacking In Directional Bias

16 Feb 2020 @ 18:30
XAUUSD Price Analysis – February 14 Gold did not have a strong directional inclination and traded in a limited exchanging band around the $ 1,575 level during the early European session on Friday. The blend of separating powers couldn’t give any new catalyst or support the valuable metal to build up a positive shift of […]
 

Ripple (XRP) Starts New Uptrend, Battles Next Resistance At $0.34

16 Feb 2020 @ 18:20
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish On February 11, Ripple slumped to the low of $0.26 and rebounded as the coin reached a new high of $0.32. Before this time, the bulls have been finding it difficult to break the resistance at $0.28. Analysts are […]
 

Bitcoin (BTC) Bounces As Uptrend Gains Ground

08 Feb 2020 @ 02:43
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish In the last 24 hours, the bulls have held on the price above $9,700. The positive upward move was as a result of the rebound on February 4. Previously the coin was range-bound between $9,200 and $9,600. Buyers […]
 

XAUUSD Bulls Attempt A Run At The 1575 Level Barrier

08 Feb 2020 @ 02:34
XAUUSD Price Analysis – February 7 The increasing tension in the Coronavirus crisis could push gold upward, trying to reach the $ 1,575 level. The yellow metal strengthened despite stock market growth following the publication of economic data that exceeded expectations. However, the mood for assets at risk improved significantly as fears of coronavirus eased […]
 

GBPUSD Retreats Beneath The Level At 1.31 Amid Greenback’s Resilience

29 Jan 2020 @ 05:46
GBPUSD Price Analysis – January 26 GBPUSD is trading beneath the 1.31 level after reaching a new high of 1.3172, as the dollar’s resilience did not allow the pair to gain momentum. The US dollar is gaining strength in all directions. Key Levels Resistance Levels: 1.3600, 1.3514, 1.3280 Support Levels: 1.3000, 1.2582, 1.1958 GBPUSD Long […]
 

Bitcoin (BTC) Shows Strength, Sustains Hope On Uptrend

29 Jan 2020 @ 05:38
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging After the rejection of  price at $9,200, the downward move was extended to a low of $8,250. Analysts were of the opinion that Bitcoin will bounce if price falls and tests the low of $8,250. From every indication, […]
 

Annual Forecast for Royal Bank of Scotland Group – 2020

29 Jan 2020 @ 05:24
Royal Bank of Scotland Group shares (LSE:RBS) are in a bearish trend, which started in December 2019. In that month, price gapped upwards massively and later nosedived as buying pressures disappeared from strong distribution territories. Price has been trending downwards since then, resulting in a “sell” signal as it goes below the EMA 21. The […]
 

Annual Forecast for Netflix Inc. – 2020

29 Jan 2020 @ 05:13
Netflix Inc. stock (NASDAQ:NFLX) has been trending upwards gradually since September 2019, after the prior bearish movement was ended that month. There is still more room for bulls to push the market higher and higher. The ADX period 14 is around the level 30, which shows a considerable amount of momentum in the market. The […]
 

Bitcoin: Upcoming Halving And What To Expect

23 Jan 2020 @ 03:16
Bitcoin’s upcoming halving will be one of the most followed crypto-related occasions in the year 2020. Thousands of cryptocurrency enthusiasts will be observing the markets eagerly to witness what effect this year’s halving will have on the cryptocurrency. Many believe that the occasion would have a positive effect on BTC’s price as has been observed […]
 
 
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