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.
Dash 2 Trade’s price action has held its ground above the price support level of $0.007890. As a result, this keeps price action’s hopes of retracing higher price levels alive. Here, the current price of this coin stays around the 0.007900 mark. In addition, technical indicators are hinting that price action is about to resume […]
Market Analysis – June 23 USDCAD witnesses a significant breakthrough as sellers successfully breach the crucial demand level of 1.3290. Previously holding firm from November to May, this support level has now been convincingly shattered. Presently, the market finds itself amidst a robust bearish trend, with the bears exerting pressure and posing a potential challenge […]
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Recently, Tamadoge price action broke through the price resistance level at the $0.01400 price mark to visit the $0.01450 price mark. But headwinds brought about some downward retracement in this market. Nevertheless, technical indicators are still showing positive indications about this market. Let’s examine them closely. TAMA Data: June 23, 2023 Tamadoge Value: $0.01389 TAMA […]
XAUUSD Analysis – Buyers Struggle to Keep Up With Demand The Gold price plummets as buyers struggle to keep up with selling momentum. After the buyers managed to push prices up to the 2051.810 key zones, it became apparent that the bulls were unable to sustain their strength and began to lose ground with the […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY upswing has hit its peakas it faces rejection at level 156.90. The currency pair has reached a high of 156.52. The Yen is currently trading in the market’s overbought zone. The Yen has run its course and […]
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Sponge sells better when it is priced at $0.000224 SPONGEUSDT Price Analysis –22 June Price may rise above $0.000322 as bulls get ready to gain more momentum. As the bullish trend gets traction, the price will rise to the $0.000322 and $0.00042 barrier levels after breaking through the $0.000224 resistance level. SPONGEUSDT Market Key levels: […]
In a move signaling confidence in the UK economy, the Bank of England (BoE) has decided to increase the Bank Rate by 0.5% to 5%, marking the highest level seen in the past decade and a half. The decision was made by a majority vote of 7-2 by the Monetary Policy Committee (MPC), with Swati […]
Silver market is becoming more active for sellers SILVER Price Analysis – 22 June In case demand increases once the $22 level is broken higher, Silver resistance levels of $23 and $24 can be put to the test. Silver’s price may fall and test the $20 and $19 support levels if sellers are able to […]
In a recent Congressional hearing focused on monetary policy, Fed Chairman Jerome Powell expressed his views on cryptocurrencies and the role of stablecoins in the financial landscape. While Powell acknowledged the resilience of the crypto industry, he emphasized the importance of regulatory oversight, particularly when it comes to stablecoins. Powell affirmed that stablecoins, unlike other […]
