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 gained against a basket of other top currencies on Thursday, following hawkish comments and plans by US Fed Chair Jerome Powell in the recently-concluded FOMC meeting. The greenback tapped a two-month high of 1.1193 per euro and held at the 115.06 top against the yen, this morning. The USD also hit its […]
With the Nigerian National Assembly debating a bill that could institute a ten-year jail term for Ponzi scheme operators, the leading member of a Nigerian blockchain lobby group, Senator Ihenyen, has called on the House to consider developing a law to regulate the cryptocurrency industry. He noted that an “unregulated crypto space is not in […]
AUDUSD Price Analysis – January 27 AUDUSD bears take charge of the market from the 0.72370 significant level. The price has been making a frantic effort to move upward after the December 3rd, 2021 setback. The market rose above the next level at 0.71050 and can be observed to be following a channel. The subsequent […]
Researchers at American investment firm ARK Invest have promulgated a significantly bullish future for Bitcoin (BTC). The research team asserted that the benchmark cryptocurrency could exceed $1 million, with a market cap of $28.5 trillion, by 2030. ARK Invest, chaired by Catherine Wood, has remained steadfast in its support for Bitcoin for a while. Last […]
Uniswap Price Analysis – January 27 In case the bears were able to exert pressure to break down the support level of $10, the price may decrease to the support level at $6 and $4 levels. Failure to break down $10 level by the bears, Uniswap price may increase towards $12, $14 and $16 price […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) is in a downtrend but it implies that the selling pressure is likely. Presently, UKX is above the 50-day SMA but below the 21-day SMA. This implies that the index is likely to be range-bound between the moving […]
Ripple (XRP) reported yesterday that it has initiated a buyback of the shares from its investors who funded its $200 million Series C investment round in December 2019. The cryptocurrency payment company revealed that the latest share purchase brings its valuation to $15 billion, a significant jump from the $9.8 billion valuation status it had […]
Ethereum slumps to $2,160 lowThe altcoin regains bullish momentum Ethereum ETH) Current StatisticsThe current price: $2,628.95Market Capitalization: $313,075,983,129Trading Volume: $18,479,573,972Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis January 26, 2022 On January 24, Ethereum’s (ETH) price has slumped to the low of $2,160 but may recommence uptrend. The […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BearishUS30USD has recovered from the previous downtrend but battles resistance at level 35000. On January 24, the index plunged to level 33150.40 and pulled back. US30USD is in an upward move and it is trading at level […]
