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.
New reports show that Thailand is planning on amending its digital asset law to tighten loose ends on crypto regulation, especially on trading platforms. The Finance Minister of Thailand, Arkhom Termpittayapaisith, explained in a Bloomberg post that the planned amendment will “bring the central bank to be part of it.” Termpittayapaisith added that Thailand’s Securities […]
Key Highlights Ethereum approaches the $2,000 psychological price levelEther trades in the overbought region Ethereum ETH) Current StatisticsThe current price: $21,995,891,334Market Capitalization: $21,995,891,334Trading Volume: $21,999,629,344Major supply zones: $1,800 $2,000, $2,200Major demand zones: $1, 700, $1,500, $1,300 Ethereum (ETH) Price Analysis August 10, 2022 Ethereum (ETH) has resumed its uptrend as it breaches immediate resistance levels. […]
AUDUSD Price Analysis – August 10 The bullish breakup of the $0.708 resistance level will push the price to $0.717, further bullish pressure increase will place the price at $0.731 level. Downward movement of the price will face support levels at $0.699, $0.683 and $0.669. AUD/USD Market Key levels: Resistance levels: $0.708, $0.717, $0.731 Support […]
USDCAD Analysis – August 10 USDCAD market shows signs of the trend change after hitting the supply zone at 1.3230 on the 14th of July, 2022. The overall market order flow has been bullish since June 1, 2021. The bullish market trend was a result of the market rejection at the demand zone of 1.2000. […]
Tron Price Analysis – August 03 Should bears increase their momentum, there is a probability that the price will experience downtrend movement towards the support level of $0.064. In case bulls put in more pressure, the break out may occur at the upper trend line of the ascending triangle and the resistance level of $0.069 […]
EURCHF Analysis – August 9 EURCHF sellers have regained mastery of the market. They do this by forcing the market into a downward motion from the significant resistance level of 1.04960. A double top reversal pattern was employed to spark a reversal at that resistance level. Hence, the buyers’ influence in the market has since […]
EUR/USD struggle s to sustain beyond the 1.0200 level. However, the bad mood in the market exerted downward pressure on the pair. Energy problems in Europe contribute to the dismal performance of the pair. Nevertheless, the USD lagged for almost 12 hours. Subsequently, this allowed the EUR/USD to record an in-day height of 1.0247. Both […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downtrend as it revisits the $87.60 low. The implication is that the selling pressure will resume retesting the current support at $87.60. The downtrend will resume when price breaks below the current support. Meanwhile, on June 22 downtrend, […]
Technical indicators: Major Resistance Levels – $10, $12, $14Major Support Levels – $8, $6, $4 DOT/USD Long-term Trend: BullishPolkadot’s (DOT) price is in an upward correction but turns from $9 overhead resistance as it resumes a downtrend. . On the August 9 uptrend; the DOT price was repelled at the high of $9.45 as buyers […]
