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.
AUDJPY Analysis – May 8 AUDJPY begins consolidating above the 91.120 order block after its bullish momentum has finally been suppressed at the 95.620 resistance level. The price attained the resistance level of 95.620 on the 20th of April 2022 and immediately received a blow that left the market spiraling downwards. It took the order […]
Bitcoin SV Price Analysis – April 09 An increase in the bears’ momentum may decrease the price to break down the support level of $50 which may expose the price to $41 and $36 price level. In case the support level of $50 is defended by the bulls, the price may increase towards the resistance […]
EUR/USD has resumed its downward trend after it failed to reverse trend on Friday, as the talks of avoiding risk also contributed to the disparity in ECB’s (European Central Bank) and Fed (Federal Reserve) monetary policy. The President of the Federal Reserve Jerome Powell didn’t agree with the initiative of a 75bps interest rate increase, […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downtrend as it targets 11652 low. Following the failure of the bulls to break above the moving averages, the bears have breached below the current support. The current support has not been broken since January. […]
Ether reaches bearish exhaustionETH/USD may resume an uptrend Ethereum ETH) Current StatisticsThe current price: $2,458.60Market Capitalization: $297,186,414,124Trading Volume: $19,986,408,145Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis May 8, 2022 Ethereum’s (ETH) price is in a downtrend as it reaches $2,425 low. Today, Ether falls to the low of […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: May 08 When there is a breakup at $218 resistance level, Monero – Guide, Tips & Insights | Learn 2 Trade price will increase towards $250 and $293 levels. In case the bears increase their momentum, the support level of $185 may […]
As the cryptocurrency market and most of the equities market continues to plummet, the Bitcoin (BTC) Fear and Greed Index has slumped to alarmingly low levels. At press time, the Index has dropped to levels not seen since January, when the benchmark cryptocurrency traded at around $33,000. So far, May has not turned out to […]
US Senator Tommy Tuberville (Republican-Alabama) has moved to prevent the Labor Department from meddling with the types of assets investors can choose to add to their retirement plans, as the Fidelity Bitcoin 401(k) announcement unsettles many. The topic of what US citizens can or cannot add to their retirement accounts has become a hot one […]
The US dollar lost some points against other top currencies on Friday, following a volatile week for the asset, as investors focused on the Federal Reserve’s outlook and efforts to curb rising inflation. The dollar index (DXY) tapped a multi-decade high of 104.07 overnight amid increased safe-haven demand after a sharp sell-off witnessed in the […]
