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 (USD) ended the week as one of the worst performers, putting an end to its three-week consecutive bullish streak. USD sell-off increased on Friday following poor PMI data figures that showed the US economy was currently in contraction. Declines in benchmark yields further intensified the sell-off, as traders’ bets showed a mass […]
The customs service of Finland (Tulli) announced on Thursday that it had sold previously seized Bitcoin (BTC) tokens from a criminal case. The official statement noted: “During the summer, Finnish Customs has realized its cryptocurrencies that had been legally forfeited to the state.” The announcement further detailed: “The realization concerned 1,889.1 Bitcoins. The state gained […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishOn July 19, USOIL is in a downtrend as it declines to level $87.74. The downtrend will resume if the bears break below the current support at $95.38. Meanwhile, on June 22 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement. […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Market Analysis – July 22 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade prepares to change market trend from an upward direction. USDJPY – Guide, […]
Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is still in a downward correction as buyers fail to keep prices above $8 high. The altcoin is above the 21-day line SMA but below the 50-day line SMA. That is, the crypto will trend when the moving […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold is in a downward correction as it faces rejection at $1,739. The market has reversed after reaching the low of $1,680. The upward move is hindered because the market has reached the overbought region. Meanwhile, on May 16 […]
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Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price is in a downward correction as it holds above $0.066. On July 20, the altcoin rallied to the high of $0.076 but dropped sharply. DOGE price has fallen above the moving average lines as bears attempt to sink the […]
Ethereum CEO Vitalik Buterin sparked optimism in many ETH enthusiasts after revealing the next steps in the grand plan for the network at the recently concluded annual Ethereum Community Conference (EthCC) in Paris. All the hype on the network upgrade has been focused on the Merge, which is slated to go live on September 19, […]
DeFI Coin Price Anticipation – July 22 The DeFI Coin price anticipation is for the market to be persistent in its intention to exit the descending channel in an upward direction. The coin will gravitate towards the upper frame again. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels: Supply Zones: $0.106200, $0.122000Demand Zones: $0.08760, $0.080590The […]
