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.
Battle Infinity (IBAT) Price Forecast: August 26IBAT/USD price looks really nice for the bulls at the present. Thus, there is more likely for a rise in the price of the coin to test the resistance level of $007813, should the buy traders put more effort into their trading activities, the supply level of $0.007959 may […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in an uptrend but resumes selling pressure after a retest at level 7498. UKX has reached the overbought region of the market. UKX is retracing after rejection from the recent high. The index has fallen above the 21-day […]
Key Highlights Ethereum makes an upward correction to $1,705Ether risks further rejection Ethereum ETH) Current StatisticsThe current price: $1,701.43Market Capitalization: $208,321,880,278Trading Volume: $15,193,125,851Major supply zones: $1,800 $2,000, $2,200Major demand zones: $1, 700, $1,500, $1,300 Ethereum (ETH) Price Analysis August 25, 2022 Following the recent decline, Ethereum’s (ETH) price is trading between the moving average lines […]
AUD/USD rose by 1%, while the United State dollar gets weakened by selling pressure ahead of an important speech. This speech will be given by Jerome Powell – Fed’s chairman. Meanwhile, the pair was bought and sold around $0.6976. Also, it has been fluctuating between 0.6902 and 0.6991. AUD has been striving to record more […]
Bitcoin (BTC) recorded its worst fall in two months last week, plunging by over 10% after minutes from the July US Fed meeting surfaced. The recent fall crystallized expectations by many that the benchmark cryptocurrency would extend its decline to the sub-$20,000 region. Some Bitcoin “super-bears,” like Peter Schiff, believe that $10,000 is also on […]
Key Resistance Zones: 31500, 32000, 32500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishUS Wall Street 30 is in an upward correction as it struggles below 34000. Buyers could not sustain the bullish momentum above level 34000 as the market reached an overbought region . US30USD has fallen below the […]
USDCAD Analysis – August 24 USDCAD bears finally drove the market into the demand zone at 0.9950. Since May 2021, the bears have been in charge of the market. The market has been forming lower highs and lower lows since May 25th, 2021. With the Parabolic SAR indicating both the impulsive and corrective waves, USDCAD […]
The US dollar (USD) traded on a softer tone in the London session on Thursday a few days after refreshing multi-decade highs. The laidback market mood comes as traders remain on the sidelines ahead of the US Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium on August 26. Risk-related currencies like the Aussie […]
Just one day after a recent KuCoin report revealed that India has about 115 million crypto investors, the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, asserted that crypto is not suitable for developing economies like India. In a recent interview, the central bank official explained, “Countries like India are differently placed from […]
