Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.
Market Analysis – November 16 AUDJPY begins a major decline as the price enters an overbought zone, according to the RSI (Relative Strength Index). The recent reaction of AUDJPY to the overbought zone in the 95.550 supply zone indicates an impending crash to the downside. However, the impending downtrend might last only for a short […]
An increase in BNB price envisaged BNBUSD Price Analysis: 17 November The $254.2 resistance level might be broken by buyers holding the $237.0 support level, endangering the $267.5 and $276.5 resistance levels. If buyers object to sellers at $254.2. The most recent lows of $219.2 and $204.9 for BNB may have been reached as it […]
Key HighlightsSolana reaches its peak price at $68The crypto decline is pending Solana (SOL) Current StatisticsThe current price: $59.50Market Capitalization: $33,468,695,651Trading Volume: $3,967,452,591Major supply zones: $60, $70,$80Major demand zones: $20, $10, $5 Solana (SOL) Price Long-Term Prediction: BullishThe price of Solana (SOL) is rising but faces rejection at $64. Since November 11, the bulls have […]
Bullish momentum may persist in Sponge market Bullish momentum may persist in Sponge market as long as the bulls maintain their pressure. It is possible to try the price levels of $0.000330 and $0.000402 if the $0.000196 resistance level is broken upside. If the resistance level of $0.000196 persists, bears may find support at $0.000136, […]
In a subtle retreat, the Indian rupee edged lower against the resurgent U.S. dollar, closing at 83.20 per dollar, down 0.031% from the previous day’s close. The greenback regained strength, bolstered by robust U.S. retail sales data and a surge in Treasury yields. The dollar index, measuring the U.S. currency against six major rivals, showed […]
BlackRock, the world’s largest asset manager, has recently submitted a filing for an Ethereum Exchange-Traded Fund (ETF) with the US Securities and Exchange Commission (SEC). This marks the company’s second foray into the crypto ETF space, following its Bitcoin ETF application in June. The proposed iShares Ethereum Trust is designed to mirror the performance of […]
Market Analysis – November 16 US30 maintains a bullish streak. The US30 has been showing a strong bullish trend this week, meaning that prices are going up. The buyers have been able to push the prices higher after testing the support level of 32347.320. This level is the lowest point that the prices reached last […]
Market Analysis – November 16 AUDJPY experiences a bullish breakout from a symmetrical triangle. The price has taken off to the moon after so much contention with the bears. AUDJPY Key Levels Demand Levels: 94.300, 93.030, 90.830 Supply Levels: 97.670, 98.600, 99.000 AUDJPY Long-Term Trend: Bullish AUDJPY witnessed intense volatility at the inception of June. […]
BTC/USD Suffers Rejection on first contact with the $38,000 resistance Bitcoin (BTC/USD) suffers initial rejection upon coming into contact with the $38,000 resistance level. The cryptocurrency has witnessed an incredible price increase over the past four weeks, beginning in mid-October. The coin was able to bypass the different key levels in different ways, either sharply […]
