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Azeez Mustapha

Near Term Outlook Unchanged as AUDUSD Trades Weaker

24 Aug 2019 @ 14:44
AUDUSD Price Analysis – August 22 The Aussie is holding weaker so far with the yuan softer on the day on a softer note for the equities and treasury yields. However, yuan has a relative effect on USD as the PBOC fixed the yuan weaker again today, reaffirming the notion that they will allow the […]
 

Amur Minerals – Erratic and random bearishness continues

18 Aug 2019 @ 16:06
Amur Minerals stock (LSE:AMUR) is an erratic and random market. That is the movement that best describes the market in recent times. The major outlook on the stock is bearish. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown […]
 

Sellers to hold out on Metro Bank

18 Aug 2019 @ 15:59
Metro Bank shares (LSE:MTRO) are extremely bearish and that is expected to continue. The current bearishness started several months ago. In March 2019, price gapped downwards and went further and further downwards, now below the lower Trendline. The RSI period 14 is below the level 20, signaling a very strong bearish trend in the market. […]
 

AUDUSD Market Dragged Lower on Bears Dominance

18 Aug 2019 @ 15:53
AUDUSD Price Analysis – August 15 The bears were in full control moving the market lower in the prior session, although in the present session we see the pair found buyers around the level at 0.6748 for the 4th day in a row while the pairs bear dominance is evident falling to lowest close since […]
 

EURJPY Approached Recent Swing Lows, Likely to Breach the Low of the Year on the Level at 117.50

18 Aug 2019 @ 15:30
EURJPY Price Analysis – August 16 The pair depreciated again in value against the Japanese Yen. The currency pair during the mid-week breached both the upper and lower horizontal lines on the moving average 5 and 13 while completing another lap on the low in today’s session towards the low level at 117.50. Key Levels […]
 

XRP Bears Captured In a Medium-Term Channel – Aiming Lower

25 Jul 2019 @ 07:49
Ripple (XRP) Price Analysis – July 24 After testing the long-term demand zone ($0.28 – $0.29) last week, the market saw a little price growth to the $0.34 area, from where the XRP bears stepped back into the market. As of now, the price is steadily falling back to this demand zone. However, the cryptocurrency […]
 

The Bias for EURJPY Has Turned Its Potential Likely Towards the Downside Zone

22 Jul 2019 @ 08:23
EURJPY Price Analysis – July 19 Given that the money swapping scale has turned around from the lower limit of a slipping trendline design, almost certainly, the pair could go for the upper band of the channel design at 122.29 before the finish of the present exchanging session. Key Levels Resistance Levels: 127.52, 123.01, 121.66 […]
 

Feedback PLC price analysis: The current bearish momentum on FDBK should hold

21 Jul 2019 @ 15:26
Feedback PLC shares (LSE:FDBK) currently have a bearish momentum on them and this is expected to continue to play out very. Price has been having a series of upswings and downswings in recent times and right now, it is below the EMA 21. At the same time, the Williams” % Range period 20 is sloping […]
 

Hurricane Energy price forecast: A bearish plunge expected on HUR

21 Jul 2019 @ 15:15
Hurricane Energy stock (LSE:HUR) recently experienced a false bullish breakout when the analytical tools in the chart didn’t support a bullish breakout. The situation in the market is currently dicey. The ADX period 14 is not far from the level 20, which means there is currently no great momentum in the market. The DMI+ is […]
 

GBPJPY Slips in a Bearish Force Taking It in Augmentation to the Level at 134.00

18 Jul 2019 @ 06:25
GBPJPY Price Analysis – July 17 In the wake of attempting to clear the 137.80 level, the British Pound began a solid decay against the Japanese Yen. The GBPJPY pair even broke the key technical zone on the level at 135.39 to post another multi-month low. Key Levels Resistance Levels: 148.66, 143.68, 137.80 Support Levels: […]
 
 
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