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.
Following the Bank of Canada meeting, the loonie made a tiny recovery. Policymakers kept the overnight rate at 0.25 percent and QE purchases at CAD 2 billion per week, as expected. Despite poor GDP numbers in 2Q21 and July, they remained cautiously optimistic about the medium-term economic prospects. The Bank of Canada (BoC) decided to […]
STELLAR Price Analysis – September 08 In case the bears are able to push the price below the support level of $0.30 and the daily candle closes below it, then, Stellar price may reduce to the previous low of $0.19 levels. If the buyers defend the support level of $0.30, price may continue its bullish […]
Key HighlightsEthereum fluctuates between levels $3,520 and $3,200Ether targets levels $3,800 Ethereum ETH) Current StatisticsThe current price: $3,506.03Market Capitalization: $414,109,057,145Trading Volume: $31,859,210,267Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis September 8, 2021 Ethereum’s (ETH) price is now in a downward move after the recent breakdown. Ether plunged to […]
The US Securities and Exchange Commission (SEC) has indicated that it could charge Coinbase with breaking security laws with its proposed yield program. In a blog post released earlier today, Paul Grewal—the Chief Legal Officer at Coinbase—revealed that the agency sent a Wells notice to the exchange, which regulatory bodies send to prospective respondents notifying […]
USDCAD Price Prediction – September 8 USDCAD is on a bullish trend and we expect to see price retracement beyond the 1.26120 significant key level. The market will continue this way as the buyers continue to gain and lose momentum. The price is seen to be retesting the trend line before assuming a pullback. As […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: RangingSince August 16, US30USD has been in a downward correction. The current downtrend has reached bearish exhaustion. The index fell to level 34905 and resumed upward. The index found support above the 50-day SMA. If the index […]
Ripple (XRP) has filed a response to the SEC’s Letter Motion compelling discovery of Ripple’s internal meetings’ audio-visual recordings. While the defendant noted that the compelled data is under-production but objected that the SEC’s Motion to Compel was “Not Ripe for Judicial Determination.” The cross-border payments solution company argued against the Commission filing further Motions […]
S&P 500 Price Analysis – September 8 At 4,516, the S&P 500 Index is down 0.05 percent on the day. After a positive performance of the global stock market in recent days, which was extended in China but not in Japan, concerns about an economic slowdown due to the Delta variant increased after the nonfarm […]
Key HighlightsLTC/USD piunges to $155 lowLitecoin consolidates above $176 Litcoin ( LTC) Current StatisticsThe current price: $178.48Market Capitalization: $14,763,794,392Trading Volume: $5,664,951,972Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis September 8, 2021Litecoin’s (LTC) price plunged to the previous low at $155 as bulls bought the dips. LTC price corrected […]
