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.
USDCAD Price Analysis – January 26 USDCAD bears seek redemption following buyers’ impetus movement from the significant level of 1.24810 level. The price tendency of the market is generally defined by the bulls’ and bears’ pestering of several significant levels of influence. The battle for influence has been quite visible in the market price action. […]
S&P 500 Price Analysis – January 26, 2022 S&P 500 crashes out of its rising channel after it fails to hold above the 4580 significant level. Unlike previous times through the rising channel, the market experienced a very turbulent period between late November 2021 and mid-January 2022. During this period, the confidence of the buyer […]
Sterling fell to a new three-week low against the US dollar yesterday as investors maintained a risk-averse appetite amid the growing tensions in Ukraine and anticipation of a US Federal Reserve rate hike. The British pound, considered to be a risked currency, suffered most of its weakness from the global standoff over a possible invasion […]
According to a publication released on Tuesday by the International Monetary Fund (IMF), the organization has urged El Salvador should end its relationship with Bitcoin (BTC). The IMF urged the Central American nation to expunge the Bitcoin law as soon as possible. The report detailed that IMF board members have “urged the authorities to narrow […]
Key HighlightsLTC price slumps to $96 lowLitecoin is in a downward correction between $96 and $112 Litecoin (LTC) Current StatisticsThe current price: $109.98Market Capitalization: $9,222,381,969Trading Volume: $891,008,344Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis January 25, 2022On January 22, Litecoin’s (LTC) price fell to the low of $96 […]
STELLAR Price Analysis – January 26 When the price break down the support level of $0.16, by the bears’ increased momentum, the price may decrease to the low of $0.11, which may extend to $0.07 level. In case the bears’ pressure are unable to break down the support level of $0.16, bulls may take over […]
Although the US Fed has only made mention of issuing a central bank-issued digital currency (CBDC), the Bank of America (BofA) asserts that the product is “inevitable.” Also, BofA researchers argue that stablecoins continue to bloom and become more integral to the monetary system. CBDCs have become a common topic in central bank circles, with […]
El Salvador has gone half a year since it initiated its Bitcoin (BTC) experiment. So far, things do not look so giddy for the Central American nation following the recent market crash. President of El Salvador, Nayib Bukele, shocked the world in 2021 when he announced the country’s plans to adopt Bitcoin as a legal […]
Risk-averse Japanese yen and US dollar climbed higher on Tuesday as other risk-sensitive currencies as the New Zealand dollar fell alongside the euro, amid growing concerns over a potential Russian invasion of Ukraine and a hastened policy tightening by the Federal Reserve. The Australian dollar climbed briefly following a strong consumer price data release, which […]
