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.
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair is still falling. The pound has been falling from level 1.4000. Further downsides are likely as the pair faces rejection from level 1.3840. Meanwhile, on June 18 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. […]
Key Highlights BCH has rallied to $710 highPresently, BCH has fallen to $672 low Bitcoin Cash (BCH) Current StatisticsThe current price: $676.99Market Capitalization: $14,214,893,198Trading Volume: $2,713,833,042Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis August 16, 2021 Bitcoin Cash (BCH) price is making a series of higher […]
The United States Department (DOS) has formulated a new initiative to curb the proliferation of cybercrime in the country. The initiative, which is termed the Rewards for Justice (RFJ), will offer up to $109 million in cryptocurrencies to anyone with credible information on the identification of state-backed hackers. The DOS was in attendance at the […]
AUDJPY Price Analysis – August 16 A successful AUDJPY break and retest strategy would move the price to higher levels. The market had also executed this strategy when it was falling off the 82.900 price level. Price had been knocking down on this level for 95 trading days before the market fell, eventually on the […]
With Australia’s lockdowns being prolonged, the AUD remains weak. As the number of cases continues to climb, Sydney, Melbourne, Canberra, and Darwin remain under rigorous limitations. Australia is vulnerable to the highly contagious Delta form since just 26% of people over the age of 16 have been properly vaccinated. Today was the bloodiest day of […]
Dogecoin (DOGE) continues to leverage its robust social media presence to claw its way back up to its previous highs. The current DOGE trend/comments on social platforms like Twitter and TikTok have reached significant levels, with the #DogeCointo1Dollar topping trend charts. Social media has been an instrumental factor for the cryptocurrency since the start of […]
Bitcoin SV Price Analysis – August 16 When bullish momentum increases, it may break up the barrier at $185 level and the key resistance level at $217 may be tested, further increase may push it to $233. A bearish opposition at $185 level may reduce the price to the support level of $148 and the […]
EURUSD Price Analysis – August 16 On Monday, the current bullish surge in EURUSD appears to have met some stiff opposition around the 1.1800 thresholds. The market is in a scenario where investors’ sentiment appears to favor the dollar so far, with the pair on the back foot and somewhat fades Friday’s big advance. Key […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 is in an upward move. The index trades below the 15200 overhead resistances. Today, buyers are facing rejection at the overhead resistance. Buyers have failed to overcome level 15200 since July. Meanwhile; on July 26 uptrend a retraced […]
