Azeez Mustapha

World Wrestling Entertainment (WWE) may continue its rally

05 Jul 2020 @ 20:56
World Wrestling Entertainment stock (NYSE:WWE) is currently making attempt to rally further upwards. Since the end of the recent bearish movement (which ended in March 2020) rally efforts have been in place. Since March till now, bulls have been pushing the market upwards gradually, although the bullish momentum waned in June. Right now, there is […]
 

Lloyds Banking Group price analysis: LLOY may weaken further in the current consolidation

05 Jul 2020 @ 20:27
Lloyds Banking Group shares (LSE:LLOY) are currently moving sideways in a serious consolidation, and an expected breakout will favor bears when it does occur. From February to April 2020, price dropped massively, and it has been consolidating since then. Right now, price is closer to the lower Trendline and it may break it to the […]
 

EUR/CHF Resumes Uptrend, Targets Level 1.07000

01 Jul 2020 @ 07:24
Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: Bullish EUR/CHF pair is in an uptrend. A correction candle body tested the 0.382 Fibonacci retracement level. It indicates that the market will reach a low of 2.618 extension level. EUR/CHF’s first target will be at  level 1.618 Fibonacci extension level. […]
 

Gold to Hit $1,800 Mark as Inflation-Hedge Assets Gains Appeal: TD Strategists Declare

01 Jul 2020 @ 07:07
Gold remains range-bound around the $1,770 level for the better part of the European session and even now as we approach the close of the session. Meanwhile, strategists at TD Securities have opined that the yellow metal will likely surpass the $1,800 mark as inflation-hedge assets gain popularity. According to the strategists, gold is on […]
 

USD/JPY Retests Level 107.000, Resumes Downtrend

24 Jun 2020 @ 08:03
Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Ranging USD/JPY pair is currently on a downward move. The green correction candle body tested the 0.786 retracement level. It indicates that the Yen will fall to a low of 1.272 extension level. After reaching the target price, the market […]
 

GBPJPY Records Intense Selling for the Fourth Straight Session, Stays Beneath 132.00 Level

24 Jun 2020 @ 07:48
GBPJPY Price Analysis – June 21 In the last session, the GBPJPY cross lost some extra ground and slipped to new monthly lows while staying beneath the 132.00 level. The collapse was supported by the strongly offered tone encircling the British pound which accompanied the last session’s policy decision by the Bank of England (BoE). […]
 

BP to break upwards, following the current ranging movement

22 Jun 2020 @ 05:32
BP shares (LSE:BP.) are currently in a ranging movement. Following a heavy downfall in February and March 2020, price has moved sideways rather than upwards. However, a breakout to the upside is nigh. ADX period 14 is around the level 30, which means there is considerable amount of momentum in the market. DM+ is above […]
 

Premier African Minerals price analysis: PREM to continue its downtrend

22 Jun 2020 @ 05:16
Premier African Minerals stock (LSE:PREM) has recently undergone what could be called a roller-coaster movement. From January to February 2020, price moved sideways. From February to March, it moved downwards. From March to April, it moved sideways again. It went upward in May and has started coming down this June. The market is currently below […]
 

AUD/JPY Is in a Downtrend, Targets Level 72.000

18 Jun 2020 @ 15:09
Key Resistance Zones: 74.000, 76.000, 78.000 Key Support Zones: 66.000, 64.000, 62.000 AUD/JPY Long-term Trend: Bearish The pair is in a downward move. The market was earlier in a bearish trend. A correction candle tested the 0.786 Fibonacci retracement level. It indicates that the market will rise and reach a high of 1.272 Fibonacci level. The pair […]
 

Favorable Conditions Surrounding Gold Could Send It to $1,765 in the Near-Term

18 Jun 2020 @ 14:47
Gold (XAU/USD) remains in a consolidation range around $1,724-30 as we head into the early hours of the European session. The yellow metal has recovered well from an intraday low on the back of fresh US-China tensions. Apart from the US-China disagreements, fears over a second wave of the Covid-19 outbreak are heavily influencing the […]
 
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