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.
While the week is drawing to a close, let’s take a look at the currencies, market influencing stats released and those already due out with the impacts created. Geopolitics The UK upcoming election has been in focus with a YouGov poll predicting a majority win for conservatives. Earlier on today, any update on the opinion […]
AUDUSD Price Analysis – November 28 AUDUSD depreciated to a session low past the level at 0.6769 and is now challenging the daily lower horizontal zone on the level at 0.6759 which is providing an added line of defense against sellers on the level at 0.6759 – just sitting nearby. Key Levels Resistance Levels: 0.7085, […]
The government of India is preparing a nation-wide model to give backing for blockchain utilization in the country. The minister of state for electronics and IT Sanjay Dhotre announced on the 27th of November that the administration is formulating blueprints to release a National Level Framework that talks about the prospects of distributed ledger technology […]
In recent times, the UK geopolitics has made major headlines on account of Brexit. The history of Brexit dated back to June 23rd, 2016 in which a 52 percent vote cast in a referendum was in favor of the exit of Britain from the European Union. Brexit which was initially planned to occur on March […]
Key Resistance levels: $220, $240, $260 Key Support Levels: $150, $130,$110 ETH/USD Long-term Trend: Bullish Recently, Ethereum had a selling pressure as the bears broke the dashed line (blue lines) at $150 and the price fell to the low of $135. After the coin falls, the market pulled back but ETH is currently facing resistance […]
Barely two days after safe-haven metal touched down on a 2 week low due to the progress made in the trade talks between two top economies, US and China, Gold is steadily regaining momentum as it traded at $1,459.10 per ounce as against last Tuesday price of $1,450.30. Earlier on in the week, the trade […]
GBPJPY Price Analysis – November 27 Against the pound sterling, the Japanese yen has recently experienced a decline in its net position. This briefly pushed the outlook for GBPJPY Sentiment to strengthen the position of buyers. As such, the combination of current sentiment and recent changes gives us a more contrasted GBPJPY trading bias. Key […]
Key Resistance levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Bullish XLM has ended its bearish run as the bulls defended the support at $0.055. Today, Stellar is in a positive move to revisit the previous highs. On November 10, the bulls attempted to break the $0.080 overhead resistance but were […]
In a recent interview with Forbes Clem Chambers, CEO of investment website ADVFN.com, said that the last time he checked, there were about 350 available crypto exchanges, but that these exchanges were dying off. CoinExchage.io. is the most recent casualty amongst exchanges. The fallen exchange announced that it was economically impossible for it to continue […]
