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.
The British pound faced a downward spiral against the US dollar and the euro on Tuesday, driven by disheartening labor market statistics signaling a slowdown in the UK economy. This unsettling data casts shadows on the likelihood of the Bank of England (BoE) opting for interest rate hikes anytime soon. Official reports unveiled a concerning […]
Buyers’ momentum increase in S&P 500 market S&P 500 Price Analysis – 17 October If the $4340 level is maintained, the price may continue to move in the direction of the resistance levels of $4436, and $4529 and $4606. Price may rise to the $4436 barrier level and then continue to rise until it reaches […]
BTCUSD Pumps Further Upward Towards the $30,000 Mark BTCUSD pumps by more than 7% to reach the $30,000 significant level. The market has been displaying bullish tendencies since it jerked off the $25,000 support level. This is an emulation of previous trends that occurred in November 2015 and 2019, just before the Bitcoin halving events. […]
Double bottom chart pattern in Cardano market ADA Price Analysis –10 October The price may drop to the $0.23 and $0.22 levels if sellers are successful in maintaining it below the $0.24 support level. If the $0.25 resistance level is broken, the $0.26 and $0.28 resistance levels will be put to the test. Key Levels: […]
Filecoin recently partnered with Brave Software Inc. and Electric Coin Co. (ECC) to enhance privacy solutions in Web3 projects. The establishment of this collaboration marked a significant step in bolstering Web3 privacy. Filecoin plans to integrate privacy features into Brave’s Web3 wallet and browser, with FIL at the forefront. Shielded transactions will be introduced, ensuring […]
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Dogecoin (DOGE) Price Long-term Prediction: BearishDogecoin’s (DOGE) price has recovered after plunging to a low of $0.056 as it trades in a limited range. The cryptocurrency saw an upward reversal after breaking above the moving average lines. The altcoin reached a high of $0.062 before being resisted. DOGE/USD is now trading below the moving average […]
Market Analysis – October 17 Nasdaq (NAS100) bears look to sustain their attack following a reversal. The NAS100 market is currently witnessing a resurgence in bearish strength. This tells us that the upcoming sessions could favor further sell-side movements. The recent trade that led to the market reaching the 15332.90 significant level served as a […]
Market Analysis – October 16 GBPUSD bears eager for further decline. The market is witnessing a resurgence of bearish momentum. It looks like the bearish force is ready to dominate once again. The bulls have recently yielded to the mounting sell-side pressure. This developing sentiment may lead to a more substantial decline towards the 1.20320 […]
During an extended accumulation phase, Chainlink (LINK) piqued investors’ interest, with notable analysts like Altcoin Sherpa predicting an imminent price surge after more than 500 days of accumulation. Sherpa advised a Dollar-Cost Averaging (DCA) strategy, suggesting investors consider buying within the $5 to $7 range. Currently priced at $7.5, LINK shows signs of a potential […]
