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 United States Federal Trade Commission (FTC) recently circulated a scam alert regarding cryptocurrency automated teller machines (ATMs). The warning posted by Cristina Miranda from the Commission’s division of consumer and business education noted that: “There’s a new spin on scammers asking people to pay with cryptocurrency. It involves an impersonator, a QR code, and […]
In an unexpected turn of events for Bitcoin (BTC) and the broader crypto market, bullish sentiment has returned, helping the market stall the previous bearish cycle. The benchmark cryptocurrency recorded its most extended bearish movement since 2018 in the opening week of January, as many analysts warned that a massive sell-off could ensue once the […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) has continued its upward move as it targets level 7700. The index price has continued to make a series of higher highs and higher lows. Meanwhile, on December 8 uptrend; a retraced candle body tested the 50% Fibonacci […]
AUDUSD Annual Forecast – AUDUSD Is Back in Contention for Higher Price Levels The annual Forecast for AUDUSD sees it pump back up in contention for higher price levels. Having been seriously battered in the first quarter of 2020, the Australian Dollar took advantage of the COVID-19 pandemic to strengthen itself at the expense of […]
Ethereum price Long-term Analysis: BearishEthereum’s (ETH) price is in a downward correction as price finds support above the 50-day line moving average. Today, the largest altcoin is making an upward move. In retrospect, in its initial launching, Ethereum attained a peak price of $1,424 in January 2018. After attaining a peak price, the uptrend was […]
Annual Forecast for Uniswap (2022) The coin may break down the support level of $14 provided the sellers increase their pressure and it will decrease it to last year January low at $6 level. In case the bears’ pressure could not break down the $14 support level, the price may increase to $30 level if […]
Market analysts expect the Bank of Japan (BoJ) to adjust its price forecast set for release next week upwards, as the consumers start to feel the effect of higher raw material costs. However, the bank stressed its decision to keep its monetary policy ultra-loose as the nation’s inflation rate remains well below the 2% target. […]
US Securities and Exchange Commission (SEC) Chairman Gary Gensler made some utterances about cryptocurrency regulation and revealed his agency’s plans for 2022 at an interview with CNBC Monday. The number one SEC man explained that: “If you are raising money from the public, and the public is in anticipation of profit based upon that promoter, […]
USDCAD Annual Forecast – The Market Is Currently Following a Bearish Format USDCAD market is currently following a bearish format as the bears keep giving it a clear influence. However, USDCAD price action has undergone several tests of significant price values in the market movement. The price level first follows sellers’ direction to the very […]
