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.
In a scenario where the price of Bitcoin is crashing, what would be the best reactions to take? Below are a few things an investor can do to weather the storms of a market crash. Maintain a Calm State of Mind Trading Bitcoin mandates that one has a disciplined mind state, meaning that your emotions […]
The week will undoubtedly be memorable for all trades. Let’s take a quick look at the expectations for the week. Politics and Others Making news will be the ongoing accusation saga in the White House that will be made public. Its impact has not yet been felt in the market, but it can be felt […]
Key Resistance levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Bullish Stellar has been struggling to break the $0.09 resistance level after price rebounded at the $0.06 support level. In September, the bulls attempted to breach the $0.09 resistance but the bulls suffered a setback as the coin dropped to the […]
Key Resistance Levels: $5, $6, $7 Key Support Levels: $3, $2,$1 EOS Price Long-term Trend: Bullish EOS is in a bullish move but it is encountering penetration at the $3.70 price level. The market pulls back and continues to trade below $3.70. EOS has made concerted efforts at the resistance so as to move up […]
The Hong Kong Monetary Authority just disclosed that it is carrying out studies on developing a CBDC. This announcement came on the 7th of November in a news report. Partnership with the PBoC HKMA also disclosed that it is partnering with the digital currency department of the People’s Bank of China. The PBoC is expected […]
EURJPY Price Analysis – November 8 The European common currency had a bullish rebound versus the Japanese yen in the last session while testing the horizontal zone on the level at 121.11. Meanwhile, the pair’s exchange rate may likely continue to fluctuate and lose strength within this session. The potential target next may be at […]
Following a break out of reports on a preliminary agreement almost been reached in the trade talks between the U.S. and China, the greenback was propped up as it neared a percent gain for the week. The U.S. dollar paired against 6 major currencies traded at 98.136 nearing a 1% market gain for the week. […]
After reports of a preliminary agreement been reached by the two largest economies, China and U.S broke out; the bulls tested European markets in which it reached the 2015 peak. Recall in the last 16 months, the U.S. and China had been in a trade war in which both countries slapped tariffs on their respective […]
AUDUSD Price Analysis – November 7 The Aussie dollar pair moves ahead as the pair finds buyers early in the European session while still stuck in a tight trading range. Although the FX pair had appreciated about 48 pips versus the US Dollar, the dominant indicators display its likely the exchange rate may attempt to […]
