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 an interview with CNBC Friday, MicroStrategy CEO Michael Saylor talked about the future of Bitcoin (BTC) and made some optimistic projections. Saylor expounded on the adoption rate of BTC, cryptocurrency regulation, market volatility, gold vs. BTC, and Bitcoin as the leading digital asset and safe-haven investment. MicroStrategy currently holds 114,042 BTC (worth $6.72 billion […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL has fallen below the moving averages. The implication is that further selling on the downside is likely. The index has fallen to the low of $75. The bears are attempting to break below the current support. The current support is the […]
The Euro’s upside run was short-lived, as Euro selling resumed following ECB President Mario Draghi’s dovish comments. In addition, Austria has gone back into full lockdown, with Germany perhaps following suit in the fourth wave of COVID-19 infections. The yen is rising sharply today as risk sentiment deteriorates. For the week, the Euro has been […]
EURJPY Price Analysis – November 19 The EURJPY currency pair continues to lose ground, falling below the critical round number of 128.00 on Friday. So far, the pair’s severe multi-session retreat appears to have met a hard opposition in the 130.00 vicinities. Given the potential for the ECB to underperform behind most other G10 central […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price has broken below the moving average to reach the low of $37.80. Today, the DOT price has rebounded above the current support as the market resumes an upward move. If buyers push the altcoin above the moving averages, […]
On Wednesday, a report revealed that behemoth non-fungible token (NFT) marketplace, OpenSea, is sourcing new investment offers, according to two anonymous sources familiar with the topic. That said, a new influx of investment could shoot OpenSea’s market valuation to six times its current valuation, $10 billion. In the first week of November, the giant NFT […]
Shiba Inu (SHIB) suffered a massive dip this week amid intense bearish forces at work in the market. Most cryptocurrencies performed abysmally as well, with most recording double-digit drops since the start of the week. Trouble started when China (for the umpteenth time) cracked down on Bitcoin mining activities. After that, investors got ruffled by […]
GPBJPY Price Analysis – November 19 In the market structure frame, GBPJPY buyers avoid price rejection below the 153.600 price point. The bullish entanglement with price order allows the bulls to exert more influence on the market. The bear’s dominance is currently on hold as the buyers prepare to take euphoric orders to new heights. […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – November 18 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade yearns for a retreat despite the market phase constituting a bullish existence. […]
