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.
After the Canadian dollar selloff, the dollar gains traction today as WTI oil prices return to the 80 levels. Other commodity currencies are also weak, with the Australian dollar being dragged down by disappointing employment figures. On the other hand, the dollar has remained stable, with no evident signs of losing momentum. The yen is […]
AUDUSD Price Analysis – November 11 The AUDUSD currency pair 0.44% on the day to a one-month low around 0.7287, down for the third day in a row following the release of Australian jobs data early Thursday. The momentum indicators are pointing to more falls, putting the sub 0.7300 level in focus for the sessions […]
According to recent data from Bitinfocharts, the average transaction fee on the Ethereum network has recorded a meteoric rise to $63 on Tuesday, its second-highest transaction fee on record. The highest on record occurred on May 12 when the average gas price hit $70 per transaction. However, this figure has dropped to $57, press time […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BullishToday, Dogecoin’s (DOGE) price is resuming upward move after finding support above $0.24.If the bears have broken the $0.24 support, the altcoin would have further declined to $0.19. Dogecoin is trading at $0.26 at the time of writing. Buyers have an uphill […]
Yesterday, a forgotten Bitcoin (BTC) whale wallet that had remained dormant for over eight years recorded activities for the first time since its creation. According to Btcparser.com, the behemoth account spent 2,207 BTC, worth $147 million (using $69,000). The address, created on July 10, 2013, contained a total of 2,207.6 BTC and moved its entire […]
Uniswap Price Analysis – November 11 In case the bulls gain more pressure to break up the resistance level of $27, the price may increase to test the resistance level at $30, it may equally extend to $37 level. Should the bears increase pressure to penetrate the support level of $24 downside, Uniswap price may […]
The dollar has risen substantially during the US session as consumer inflation data came in considerably higher than expected, hitting a multi-decade high. For the time being, the New Zealand Dollar has been the weakest performer, followed by the Sterling and then the Euro. The yen is losing ground against the greenback while remaining stable […]
USDCAD Price Analysis – November 10 USDCAD finds a rallying point at the 1.23000 critical level. The market slipped off an uptrend at the beginning of October, and price has continued to drop since then. As price drops, USDCAD finds weak rallying points at the 1.25790 and 1.24700 significant zones and fell through them. However, […]
The cryptocurrency industry has had a decent bull rally over the past week, with the market’s valuation hitting $3 trillion as Bitcoin and many other coins touch record highs. With the recent rally, the crypto economy surpassed the value of Apple with about $500 billion. That said, Apple CEO Tim Cook recently revealed that he […]
