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.
Vice-Chairman of Berkshire Hathaway Charlie Munger recently made some remarks on the ban of cryptocurrency in China, noting that the Asian nation “did the right thing.” Munger—often called Warren Buffett’s right-hand man—aired his opinions about cryptocurrency at the Sohn Hearts and Minds, Australia’s premier investor event last Friday. The veteran investor previously called Bitcoin “rat […]
Following a marketwide crash in the crypto industry yesterday, Bitcoin (BTC) suffered a 21% plunge to the $42,000 low on most exchanges. Yesterday’s slump is arguably one of the worst in recent history for the market, with BTC shedding over $11,500 alone. However, Huobi traders suffered a worse crash as the crypto asset recorded a […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL has been in a downward move. WTI ‘s downtrend has reached bearish exhaustion. The market has declined to the previous low of $62.46 as bulls bought the dips. On August 20, USOIL fell to the same price level as the index […]
The US dollar reasserted itself as omicron jitters eased, gaining moderately against major currencies and remaining firm in the emerging market arena. The dollar index rose 0.10 percent to 96.12, after pushing higher to 96.17. The unemployment rate fell sharply by -0.4% to 4.2%, better than expected at 4.5%. The labor force participation rate rose […]
EURJPY Price Analysis – December 3 For the time being, the EURJPY further decrease is still a possibility below the mid-127.00 level. “When the requirements of the forward guidance are satisfied, we will not hesitate to act,” ECB President Christine Lagarde said earlier on Friday. The EUR/JPY is about to end the week with a […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downward move as the altcoin declines to the oversold region of the market. As the altcoin fell to the low of $32, the bulls bought the dips. The upward correction terminated at the high of […]
GBPJPY Price Analysis – December 3 GBPJPY bulls wield strength across the bearish path back to151.870. The significant zone serves as a major zone for several reactions. The market responses comprise the bullish-shaped influence as they are ready to impact the price action of the market. The price, therefore, consists of several points of the […]
Shiba Inu (SHIB) has lost a huge chunk of its dominance among the top 1,000 Ethereum whales. This downtrend became more pronounced after the meme coin dropped by over 12% due to a local reversal. As the GameFi industry overtakes the crypto industry in bullishness, some analysts opine that meme coins, like Shiba Inu, have […]
BNBUSD Price Analysis – December 03 In case the resistance level of $678 is penetrated upside, the price may soar to $758 which may extend to $850. Should the resistance level of $678 is defended by the bears, the price may reverse and continue a bearish movement towards the support levels of $599, $540 and […]
