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.
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125,$100 ETH/USD Long-term Trend: Bearish Finally, Ethereum tumbles to the oversold region after months of a sideways trend. Ethereum has one of the longest sideways trends. A market that is good for position traders. Earlier on the coin had been range-bound for four months between […]
The Securities and Exchange Commission has gotten to an agreement with Blockchain of Things Inc. for carrying out an unscrupulous Initial Coin Offering. According to a news report which was disclosed on the 18th of December by the SEC, the case filed against BCOT has been resolved in the form of an order which mandates […]
The dollar shrugs off US President Donald Trump’s indictment on Thursday, as traders were surprisingly optimistic after the dominant lawmakers in the U.S. House of Representatives voted to impugn Trump. The indicator, which tracks the dollar against six significant fiat forms, rose 97.40, shortly after the six-day high of 97.475 reached on Wednesday. At the […]
A cryptocurrency fitness app in China is being investigated by the authorities for supposedly practicing illicit fundraising and fraud according to reports. The event was published on the 18th of December by Nikkei Asian Review referring to records accessed by its affiliate publication, KzASIA. Fraudulent Activities by Qubu The fitness app, known as Qubu, is […]
Among its G10 peers, the US dollar performed beyond expectations racing past others to be at the forefront. As the fears about a hard Brexit resurfaces, following Boris Johnson’s move to prevent further Brexit extension beyond next year and also a revised WAB to be voted on by British MPs this week, the Pound took […]
GBPJPY Price Analysis – December 18 Since the trading session on Tuesday, the currency pair has fallen by almost 303 basis points against the Japanese yen. As for the near future, the GBPJPY exchange rate may recover on a cluster formed by the daily trend line at 143.07. If the cluster holds, a reversal is […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple has depreciated further and it is now trading at $0.18 at the time of writing. The price was previous fluctuating between the levels of $20 and $0.23. It was assumed in the previous analysis that if the bears […]
As more nations across the globe jump on the Central Bank Digital Currency bandwagon, the world is inching closer to witnessing a globally recognized CBDC. However, the United States is in the limelight in the race to develop the first global digital currency as the sovereignty of the US dollar is mostly at stake. This […]
USDCHF Price Analysis – December 17 The USDCHF is adrift of its attractiveness in the past few hours and erases its daily gains to fall under pressure from the bitter market sentiment and wider greenback frailty. At the time of writing, the pair fell 0.03% on the day and at the level at 0.9811. Key […]
