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.
Following the significant price surge that occurred in a single session about six trading sessions ago, short traders seemed to have introduced some hindrance to further upside price increases. But when price action tested the Fibonacci Retracement level as support, a considerable upside correction occurred, which brightened the hope of a continued upside retracement. Solana […]
In a recent research report, JPMorgan, the global financial giant, highlighted the growing concerns surrounding Ethereum following its transformative upgrades, The Merge and Shanghai. In September 2022, Ethereum transitioned from its energy-intensive proof-of-work (PoW) consensus mechanism to the energy-efficient proof-of-stake (PoS) system through “The Merge.” This switch allowed users to stake their Ethereum (ETH) and […]
The Canadian dollar remained firm against its U.S. counterpart, buoyed by robust job growth data from both nations for September. Despite this resilience, the loonie was poised to conclude the week with a modest decline due to concerns over rising global bond yields. The Canadian dollar, trading at 1.3767 against the U.S. dollar, displayed resilience […]
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Buyers are in control of the Sponge market SPONGE (SPONGEUSDT) Price Analysis – 06 October Sponge is moving toward the $0.000136 resistance level, which could be broken if the Bulls gain more traction, but a retreat is unavoidable. If the momentum of the Bulls deteriorates, the price may briefly consolidate. Price Level: Resistance Level: $0.000136, […]
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Sellers’ momentum may increase in USDCHF market USDCHF Price Analysis – 06 September In case buyers’ momentum is successful in holding the $0.91 support level, the price may increase past the $0.92 resistance level and toward the $0.93 and $0.94 resistance levels. If sellers apply enough pressure, the $0.91 barrier level can be broken, which […]
Buyers’ pressure will increase soon in BNB market BNBUSD Price Analysis 06 October If buyers can hold the $204.9 support level, the $219.2 resistance level can be broken higher, posing a challenge to the $237.0 and $254.2 resistance levels. If sales expand at the current pace, BNB might drop to its most recent lows of […]
As soon as price action tested the resistance at $0.5104, the market reversed, retreating below the $0.4500 price mark. However, the current session seems to be revealing that buyers are now going long in anticipation of an overall uptrend continuation. Storj Statistics: STORJ Value Now: $0.5324 Storj Market Cap: $174,178,791 STORJ Circulating Supply: 397,797,571 Storj […]
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Lucky Block – Guide, Tips & Insights | Learn 2 Trade Price Forecast – Expert Analysis & Trading Tips | Learn 2 Trade – Expert Analysis & Trading Tips | Learn 2 Trade: October 6 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast is for the market to keep […]
Market Analysis – October 6 EURCHF price continues to decline, indicating the market’s weakness since the reversal in mid-July 2022. The price has been diving sharply without any significant retracements until it recently encountered resistance at the 0.94100 level. EURCHF Key Levels Demand Levels: 0.96800, 0.95500, 0.94100Supply Levels: 0.98300, 1.00500, 1.02800 EURCHF Long-Term Trend: Bearish […]
