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.
According to a recent poll by the Association of Forex Dealers (AFD), a significant percentage of Russian investors have lost interest in national currencies as interest in digital assets surge. The AFD reported that only about 14% of participants in the survey opted for fiat Investment, while a whopping 76.9% of investors opted for cryptocurrencies […]
Uniswap Price Analysis – September 02 When the bears defend the resistance level of $31, the price may reduce towards the support levels of $22, $15 and $12.An increase in the bulls’ momentum may penetrate $31 resistance level which may expose the price to $34 and $39 resistance levels. UNI/USD Market Key Levels: Resistance levels: […]
USDCAD Price Analysis – September 1 USDCAD keeps accumulating price continuously at the 1.25790 key level. Following a reversal at the significant resistance level of 1.27420 in July, the price broke and accumulated around 1.25790 before moving on to the next significant zone. Following that, USDCAD reversed around 1.24340, starting an ascending trend pattern. Price, […]
Key HighlightsEthereum rallies to an overbought region at $3,740.29Ether is likely to resume downward Ethereum ETH) Current StatisticsThe current price: $3,691.64Market Capitalization: $433,201,891,415Trading Volume: $30,084,700,613Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis September 1, 2021 Ethereum (ETH) is in an upward move. The bulls have broken above the […]
S&P 500 Price Analysis – September 1 The S&P 500 reached 4545 the highest since the start of the year. For August, the Manufacturing PMI in the United States and the United Kingdom was improved to 60.3 points. With 374K jobs lost in August, the US ADP jobs data fell short. The employment component of […]
Two top state-run Chinese banks, namely China Construction Bank (CCB) and Bank of Communications (Bocom), have ramped up editors to develop new use cases for the PBoC-issued CBDC (central bank digital currency). The behemoth financial institutions now collaborate with investment fund managers and insurance companies in line with their digital yuan (e-CNY) pilot projects. According […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS Wall Street 30 has been in an uptrend. On August 20, the uptrend was stalled at level 35502. Since August 25, it has been consolidating below the 35502 resistance level. Today, US30USD is facing rejection at […]
STELLAR Price Analysis – September 01 Should the bears push the price down to the $0.30 level and penetrate it, price may decline to $0.22 and $0.16 support levels. Inability to break down $0.30 level may return the price towards the resistance levels above current price at $0.42, $0.50 and $0.57. XLM/USD Market Key Levels: […]
The Ripple team recently filed a motion to force members of the United States Securities and Exchange Commission to disclose their XRP holdings. If granted, the motion would reveal documents on whether SEC staff are permitted to trade cryptocurrencies. The motion filed by the legal team of the payment solutions company also intends to unearth […]
