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.
Sterling recorded a goodish bounce last week, ending the currency’s four-week decline against the dollar. The GBP/USD pair rebounded from a two-year low of 1.2155 recorded a week ago and recorded a 370 pip jump to 1.2525. This bullish recovery came as the greenback embarked on a long-overdue correction. The British Pound now holds near […]
Speaking at the ETH Shanghai Web 3.0 Developer Summit, Ethereum founder Vitalik Buterin and other key team members discussed the highly-anticipated proof-of-stake (PoS) network switch. Reports show that The Merge will go live on Ethereum’s testnet Ropsten on June 8. At the recently-concluded summit, Buterin noted that the transition from proof-of-work (PoW) to proof-of-stake will […]
Cryptocurrency lottery platform Lucky Block – Guide, Tips & Insights | Learn 2 Trade (LBLOCK) was one of the biggest crypto gainers last week after jumping by a whopping 170% between May 16 and May 20. On May 19 alone, the cryptocurrency jumped from the $0.0012 level to $0.0022, a solid +80% move. At press […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: RangingUSOIL price has continued its sideways move as it faces rejection at $115. The bulls are yet to break above the resistance. Since May 16, the bulls have been struggling to break above the resistance but were repelled. The index is fluctuating […]
Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downtrend as bulls defend $7.18 support. On May 12, DOT/USD plunged to the low of $7.18. The selling pressure eased as the altcoin corrected upward to the high of $12. The bulls could not penetrate […]
GBPJPY Analysis – May 20 The bearish impact of the 162.000 key level will provide more selling opportunities for sell traders. The bulls have conceded defeat by failing to push the tendency of GBPJPY value far above the 162.000 key zone. After the candlestick pulled through this structure, the selling pressure plunged the currency pair […]
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 downtrend as it may face rejection at $1,859 . The price broke below the moving averages to reach the low of $1,799. For the past week, the support has been holding as Gold made an […]
GBPJPY Analysis – May 20 The bearish impact of the 162.000 key level will provide more selling opportunities for sell traders. The bulls have conceded defeat by failing to push the tendency of GBPJPY value far above the 162.000 key zone. After the candlestick pulled through this structure, the selling pressure plunged the currency pair […]
Cardano (ADA) continues to record notable network growth since its Alonzo upgrade in September 2021. Recent reports show that the network added over 2,000 new holders every day for the last 30 days. The notable network growth is measured by examining new features and updates, as well as buyer interest. Data from Cardano Blockchain Insights […]
