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.
Market Analysis: May 20 The US Oil market is set for a bullish breakout as it transformed into a strongly trending market after consolidation between the 80.790 supply level and 73.200 demand level. The symmetrical triangle pattern shows an impending breakout in the WTI market. US Oil Key Levels Demand Levels: 73.200, 68.800, 66.000 Supply […]
Market Analysis- May 20 The AUDJPY market has been performing brilliantly, with a very discernable direction on the daily chart. The ascent on the daily chart has broken the resistance trendline to the upside. The market gyration has covered inefficient regions on the bearish swing. AUDJPY Key Levels Demand Levels: 90.000, 87.900, 85.920, Supply Levels: […]
Ripple’s price is attempting to advance towards a higher price mark after settling above the 0.4551 price level. Trading indicators are also biased in the upward direction. Let’s see how this may proceed as trading activities continue. XRP Analysis Data Ripple Value Now: $0.4640 Ripple Market Cap: $23,865,123,976 XRP Moving Supply: 51,873,152,538 XRP XRP Total […]
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Polygon price may bounce up at the $0.82 level Level Polygon (MATICUSD) Price Analysis – 22 May When Polygon crosses the $0.87 resistance level, it can also reach the $0.95 and $1.01 resistance levels. The price may move past the $0.82 support level and be exposed to the $0.76 and $0.70 levels if sellers are […]
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 is in an uptrend but faces resistance at 149.51. The Yen will soon ascend to its previous peak of level 151.61 as it continues to soar. The Yen is rising as it approaches its high of level […]
As the final verdict between Ripple and the Securities and Exchange Commission approaches, Ripple launches the CBDC (Central Bank Digital Currency Platform). The development will enable governments and financial institutions to issue their digital currency on the XRP blockchain. According to James Wallis, the development will promote instant transactions locally and internationally among financial institutions […]
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Technical indicatorsMajor Resistance Levels – $0.12 and $0.14Major Support Levels – $0.06 and $0.04 Dogecoin (DOGE) Price Long-term Prediction: BearishDogecoin (DOGE) price has reached bearish exhaustion and may reverse at $0.068. The cryptocurrency asset could drop much more, reaching a low of $0.069. The altcoin has been consolidating above the $0.069 support since the price […]
The euro kicks off the week on a high note as it gains strength, thanks to the recent remarks made by Federal Reserve Chair Jerome Powell that have led to a revision in interest rate expectations towards a more dovish stance. This shift in sentiment has diminished the likelihood of a 25 basis point rate […]
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Bullish movement may commence in SHIB market Shiba Inu (SHIB) Price Analysis: 21 May SHIB may drop below the $0.0000083 support level and test the $0.0000073 and $0.0000077 levels as a result of sellers’ pressure. If the price of the cryptocurrency is able to successfully increase above $0.0000091, the resistance levels of $0.00000098 and $0.0000102 […]
