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.
In the latest economic report, the focus is on the UK Gross Domestic Product (GDP), which has brought the British pound back into the spotlight as the GBP/USD pair edges closer to retesting the critical 1.2800 resistance. Yesterday’s positive close was attributed to the UK GDP figures aligning with expectations across most metrics. However, concerns […]
Market Analysis – June 15 AUDJPY price is currently displaying a steady upward movement, approaching the 95.50 level. In the months of February and March, the market witnessed a downward movement in price. The current bullish momentum is posing a potential challenge to the resistance level of 95.530. AUDJPY Key Levels Support Levels: 92.750, 87.950, 86.680 Resistance Levels: 95.530, 98.250, 100.000 AUDJPY Long–term Trend: Bullish The market experienced a bullish […]
Buyers’ momentum is increasing in Tron market TRON Price Analysis – 14 June In case the price of Crypto advances past the $0.071 support level and sellers continue to be active, the $0.069 and $0.067 support levels can be approached. The price of Tron could increase to $0.074 and $0.077 levels if the buyers’ momentum […]
Market Analysis – June 12 The NZDUSD currency pair is currently undergoing a correction phase following a significant upward surge, reaching the 0.6000 level. As the price retraces, it approaches the fair value gap, testing the resilience of the mitigation block depicted on the 24-hour chart. Market participants anticipate a substantial sell-off due to the […]
Shortly after the price action in the DYDX/USDT market broke the support level constituted by the Fibonacci Retracement level of 78.60, it almost immediately started challenging as a resistance. Buyers in this market seem to have besieged the token price at this level. Consequently, this seems to be the reason why prices seem to have […]
Market Analysis- June 11 The NAS 100 index is currently experiencing a bullish breakout, with the price continuing to rise unabated. The strong buying momentum has propelled it past the bullish wedge formation, indicating a quest for new highs. NAS 100 Key Levels Demand Levels: 14250.0, 13500.0, 12800.0Supply Levels: 15200.0, 15600.0, 16000.0 US 100 Long-Term […]
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The bulls will dominate the Sponge market soon SPONGEUSDT Price Analysis – 13 May Bullish momentum will build up until Sponge crosses the $0.00065 resistance level, which is followed by the $0.00087 and $0.00098 barrier levels. Due to the bulls’ mounting pressure, the price may move above $0.00098. SPONGEUSDT Market Key levels: Resistance levels: $0.00065, […]
The EUR/USD currency pair finds itself at a critical juncture as it tests a prior level of resistance just shy of 1.0800. That said, in an encouraging turn of events, the pair has managed to reach a fresh two-week high, signaling potential bullish momentum. However, the market is likely to remain ensnared in a tight […]
The Ripple community reacted excitedly on Tuesday after the U.S. Securities and Exchange Commission (SEC) finally released internal documents pertaining to former commissioner William Hinman’s speech on digital assets back in 2018. However, the SEC’s decision to disclose the speech has not only intensified the ongoing legal battle but has also provoked a scathing response […]
