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 rebounded lightly on Tuesday, putting some distance between the recently-recorded 21-month low against the US dollar, as traders cashed out their profits from the recent USD surge ahead of some critical central bank meetings this week. In the London session on Tuesday, GBP climbed by a decent 0.4% to 1.2557 against the USD as […]
Coinbase CEO, and co-founder, Brian Armstrong has made some ambitious declarations for cryptocurrency, as he expects big things for the industry in the next decade or two. Despite the gloomy sentiment around the industry since the start of 2022, Armstrong has shown that his long-term prospects are significantly bullish. In a recent conference, the Coinbase […]
S&P 500 Price Analysis – May 03 S&P 500 breaks down the previous low at $4171 support level, and tests $4087 level, further decrease in price may reach $4019 and $3800 support levels. In case the support level of $4087 is defended by the bulls, price may face resistance levels at $4171, $4276 and $4364 […]
ADA Price Analysis – May 03 In case the sellers exert more pressure on the market, the support level of $0.75 may be penetrated and the support levels of $0.56 and $0.42 will be reached. Failure to break down the $0.75 by the sellers may lead to an increase in price to resistance levels at […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Bearish GBP/USD is in a downtrend as it risks further decline to 1.2223. Since April 28, the market has been fluctuating above the current support. The Pound has fallen to the oversold region of the market. The downtrend has reached bearish […]
Solana has fallen to $82 lowSOL/USD is consolidating above the current support Solana (SOL) Current StatisticsThe current price: $88.06Market Capitalization: $45,054,641,151Trading Volume: $1,231,096,983Major supply zones: $280, $300, $320Major Demand zones:$160,$140,$120 Solana (SOL) Price Analysis May 2, 2022 Solana’s (SOL) price is in a downtrend as buyers push the altcoin to $102 high. For the past […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish EUR/JPY pair is in an uptrend but may rise to $140 high. The Yen retraced to level 135.29 and resumed upward. The Yen is in the bullish trend zone and capable of revisiting the previous high. However, if price […]
The government of Uzbekistan has signed a decree on the regulatory framework of the cryptocurrency industry within its jurisdiction. According to the decree signed by the nation’s head of state, Shavkat Mirziyoyev, the goal is to improve digital technologies, foster a favorable entrepreneurial environment, and boost the legislation in the sector. The document revealed that […]
EURUSD Price Analysis – May 02 When there is a breakdown of the support level of $1.04 by the Bears’ momentum, the price will decrease to the support level of $1.03, and it may decrease to $1.02 levels. Inability to break down the support level of $1.04 by the bears, the price may experience a […]
