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 US dollar hit a speed bump as the gauge of US business services activity stumbled in May. According to the Institute for Supply Management (ISM), its services PMI index took a nosedive, dropping to 50.3. This unexpected decline is fueling worries about the economic outlook, with overly restrictive monetary policy and stubbornly high inflation […]
Market Analysis – June 6 AUDJPY made a significant leap from the demand level at 94.40 to reach relatively equal highs at 92.400. The bullish order flow in AUDJPY is expected to persist as the price surpasses the resistance level at 92.400. AUDJPY Key levels Resistance Levels: 92.400, 93.000 Support Levels: 90.400, 89.800, 89.160 AUDJPY […]
Market Analysis – June 4 NZDUSD has recently broken free from a consolidation phase. During the months of March and April, the Moving Averages (periods nine and twenty-one) exhibited sideways movement on the body of the daily candles, indicating a lack of clear direction during that period. NZDUSD Key Levels Demand levels: 0.6150, 0.6080, 0.5970 […]
Binance, the crypto behemoth known for its global reach and dominant position in the market, is facing a storm of controversy as US authorities charge the company with a series of securities law breaches. In what can only be described as an intricate web of deception, Binance is accused of deliberately evading regulations and engaging […]
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Bulls’ pressure will soon trigger the Sponge price SPONGEUSDT Price Analysis – 05 June The bullish trend will pick up speed following the price’s breakthrough of the $0.00038 resistance level and before the $0.00065 and $0.00087 barrier levels. The sponge may surpass $0.00087 level if bulls continue to exert pressure. SPONGEUSDT Market Key levels: Resistance […]
Arbitrum Price Forecast: June 5 The Arbitrum price forecast is for the market bulls to keep strengthening in the ranging movement until they can exert force to direct the price upward. Arbitrum Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $1.8170, $1.3310, $1.2880 Zones of Demand: $1.1550, $1.1100, $1.0620 The Arbitrum buyers have […]
Quant Price Forecast: June 4 The Quant price forecast is for the market to resume its upward charge after the cure period of stalling. Quant Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $117.60, $149.60, $167.10 Zones of Demand: $107.40, $96.90, $87.60 Since November, last year, the Quant market is perambulating above the […]
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Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Prediction – Expert Analysis & Trading Tips | Learn 2 Trade: June 5 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market prediction is for the price to create a higher low at $0.0001250 from its current price level […]
Key Resistance Levels: $10, $12, $14Key Support Levels: $5, $3,$1 Polkadot (DOT) Price Long-term Trend: BearishThe Polkadot (DOT) pricing has not gone up after the price cut on May 8 as it resumes its ascent above the $5.20 Low. The cryptocurrency asset’s price range has been constrained at $5.20 and $5.50. The selling pressure has […]
