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.
EURCHF Price Analysis – September 8 EURCHF bulls push the price up using a double bottom chart pattern. This effect a reversal of the market direction, putting a stop to the decline in price. The gradual fall in price stretches as far back as the 4th of March 2021, after EURCHF surged to the 1.11550 […]
Several cryptocurrency exchanges in the US suffered operational issues today amid the sharp crypto market crash sponsored by an intense rejection of Bitcoin. Not surprisingly, this correction comes on the same day El Salvador officially kicked off its Bitcoin Law. Top exchanges like Coinbase, Kraken, Gemini, and others reported that their users experienced difficulties using […]
Following a minor intraday rise to the 1.3855 level, the GBP encountered a new supply on Tuesday and fell for the second day in a row. The decline pushed the major market farther away from multi-week highs, which had been set in response to Friday’s poor headline NFP data, and was fueled by several factors. […]
The world watches on as El Salvador makes history with its first official Bitcoin (BTC) purchase. El Salvador President Nayib Bukele took to Twitter yesterday to announce the successful acquisition of the country’s first 200 coins. The President added that El Salvador would make more BTC purchases as the deadline approaches to confirm the Central […]
USDCHF Price Analysis – September 7 On Tuesday, the USDCHF volatility eventually settles near mid 0.9100. The pair is ranging in its movement within a relatively narrow trade area after recording a high at 0.9168 on Monday. The Swiss Franc strengthens due to its safe-haven appeal, while recent US job data is scrutinized. Key LevelsResistance […]
ADA Price Analysis – September 07 In case Price reverse at $3.0 level, bearish movement may start towards the support levels at $2.6, $2.3 and $1.8. The breakout at the resistance level of $3.0 may lead to the continuation of bullish trend towards the $3.3 and $3.7 levels. ADA/USD Market Key Levels: Resistance levels: $3.0, […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: RangingGBP/USD has resumed upward move to retest level 1.4000 resistances. Buyers have made two attempts to break above the resistance level. The current uptrend is facing resistance at level 1.3868. The current resistance is expected to find support above the […]
Eightcap, an award-winning CFD broker, has announced the launch of over 250 Cryptocurrency derivatives, allowing its clients to diversify their crypto portfolio via the MT4 and MT5 platforms. This new launch positions the broker as the new home of crypto derivatives and the largest within the CFD sector. The broker recognises the current worries retail […]
The AUD is weakening somewhat ahead of the RBA’s policy announcement tomorrow. Activity in the forex market is minimal today, and markets are anticipated to stay calm while the United States and Canada are on vacation. The dollar is recouping some of its huge losses from last week, but the rising impetus stays modest. The […]
