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.
S&P 500 Annual Forecast – Price Maintains Bullish Fervor S&P 500 maintains its bullish fervor even as it enters the year 2022. The market has been ascending via a parallel channel from as far back as 2018. Nevertheless, though still climbing upwards, S&P 500 was subdued below the middle line of the parallel channel. By […]
Annual Forecast for Stellar (2022) In case price break down the support level of $0.24, it may decrease to $0.20 and $0.16 levels. When the buyers defend the support level of $0.24, it may increase and break out at $0.41 in which $0.50 and $0.57 may be tested. XLM/USD Market Key Levels: Resistance levels: $0.41, […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is in an uptrend as price bars are above the moving averages which targets level 38200 . For the past week, the index has been retracing after rejection from the high of level 36800. US30USD has […]
Key HighlightsLTC price retests $126 supportLitecoin reaches the oversold region Litecoin (LTC) Current StatisticsThe current price: $131.48Market Capitalization: $11,044,176,016Trading Volume: $827,199,880Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis January 11, 2022Litecoin’s (LTC) price has fallen to the low of $120 as it holds above $126 support. The cryptocurrency […]
The US dollar index (DXY) maintained a sideways bias in the early trading session on Tuesday as traders remained on the sidelines ahead of incumbent Fed Chair Jerome Powell’s nomination hearing later today, for clues on possible price breakouts. In his released opening remarks published yesterday, Powell would pledge to curtail excessive inflation from “becoming […]
The ongoing civil unrest in Kazakhstan has sparked curiosity in many over the effect it could have on the global Bitcoin hashrate. These worries arise as Kazakhstan is believed to control at least 18% of the global hashrate, according to a recent report from the Cambridge Center for Alternative Finance (CCAF). NABCD Asserts Bitcoin Unaffected […]
EURCHF Price Analysis – December 11 EURCHF finally begins a bullish correction phase from the 1.03270 key level. There has been a long-drawn bearish regime in which buyers were completely sidelined, having negligible influence in the market. However, from early December 2021, EURCHF began responding to the buyers, and this was demonstrated by the breakout […]
USDCHF Price Analysis – December 11 USDCHF rebounds from a strong monthly demand level to recover back to its uptrend movement. The market has been strongly affected by bearish influence since late November last year. There was first a strong dip from 0.93770 that plunged the price to 0.91570. The USDCHF recovers from the demand […]
ADA Price Analysis – January 11 In case the support level of $1.11 does not hold, the support levels of $0.98 and $0.83 levels may be tested. Should the buyers defend the support level of $1.11, Cardano price may reverse and face the resistance levels of $1.30, $1.46 and $1.64. ADA/USD Market Key Levels: Resistance […]
