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.
Bitcoin (BTC) and the rest of the cryptocurrency market traded lower in early Thursday, as the bearish sentiment that started at the beginning of the week grows. Bears took a cue from the failed attempt by the industry to change a tax reporting requirement in the US Infrastructure Bill. Despite the renewed bearish pressure, CEO […]
Uniswap Price Analysis – August 19 When the bears increase their momentum, $21 support level will be reached and may be penetrated to expose the price to $14 and $12 support levels. In case the support level of $21 holds, Uniswap price may increase to $26, $30 and $37 price levels. UNI/USD Market Key Levels: […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 (UKX) is in an upward move as price tested level 7200 overhead resistance. Since August 12, the uptrend has been stalled below the resistance. The index has retraced to level 7120. Presently, the index is fluctuating levels 7120 and […]
After a stronger-than-expected consumer inflation figure, the CAD climbs slightly in the early US session. However, the Loonie’s strength is limited. The consumer price index in Canada rose 0.6% mom in July, which is the fastest pace since January. The annual consumer price index accelerated to 3.7% y/y in July, compared with 3.1% y/y in […]
The President and CEO of Columbia Investment Management Company (IMC), Kim Lew, notes that the cryptocurrency industry is more than what most people think of it and that the industry is “clearly here to stay.” The investment executive shed some light on her views on the investment potential of cryptocurrency in an interview with Bloomberg […]
Key HighlightsEthereum downtrend may break the $3,000 price levelEther’s price corrects upward for a final downward move Ethereum ETH) Current StatisticsThe current price: $3,107.68Market Capitalization:$364,275,903,001Trading Volume: $364,275,903,001Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis August 18, 2021 For the past 5 days, Ether has been in a downward […]
S&P 500 Price Analysis – August 18 Despite the prior day’s loss the S&P 500 returns ahead of the mid 4400, reaching as high as 4453 during the European session while writing, the index was up 0.06% on the day. Retail sales in July fell 1.1 percent monthly to $617.7 billion, according to figures released […]
USDCAD Price Analysis – August 6 USDCAD is climbing up through a parallel channel to make up for lost prices. The market ended the year 2020 on a bearish note, which spiraled into this year. Price continuously bounced downward till it got to the 1.20300 key level on the 11th of May 2021, where the […]
In the ongoing Ripple vs. SEC legal battle, the SEC recently filed an opposition against Individual Defendants’ Motion challenging the SEC’s improper assertion of the Deliberative Process and other privileges (DPP). The Commission has asserted its position against the discovery of internal and inter-agency documents protected by DPP. The SEC urged the court not to […]
