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.
The US dollar index advanced 0.20 percent to 92.97, with a resistance test at 93.20 looking likely. Further advances to 93.50 and ultimately 94.30 will be possible as a result of this. Only a break of 92.60 shifts the narrative. The market is in a bearish mood heading into the next session, with the US […]
USDCHF Price Analysis – August 10 During the early European session, the USDCHF pair remained bid and was last seen hanging near two-week highs, around 0.9170 – 0.9220 levels. The pair’s upward trajectory is fueled by the greenback’s rise. With 0.08 percent gains, the USDCHF held over 0.9200 levels. Key LevelsResistance Levels: 0.9472, 0.9375, 0.9275Support […]
ADA Price Analysis – August 10 When the buyers gain more momentum and the resistance level of $1.4 is penetrated upside, the price may increase to $1.6 and $1.8 resistance level. In case the bears interrupt the bulls at $1.4 level, price direction may change to $1.3, $1.1 and $0.9 support level. ADA/USD Market Key […]
Bitcoin (BTC) retains a bullish bias in the early hours of Tuesday despite the ongoing talks of the US Infrastructure Bill. The benchmark cryptocurrency trades healthily above the crucial $45,000 psychological support as bulls control the market. The US Senate failed to agree upon a series of amendments to the Infrastructure Bill that would liberate […]
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 has resumed a downward move after rejection from level 1.4000 resistance zones. Initially, the pair dropped to 1.3875 low as price corrected upward. The upward correction was terminated at level 1.3950. The pair has resumed selling pressure. Meanwhile, […]
AUDJPY Price Analysis – August 9 The 80.760 support has been used by buyers to lift AUDJPY out of depression. The market has been unsuccessful in trying to push out of 85.000 for several months since March. Bears have exploited this weakness to plummet the market below 82.900. AUDJPY has thus far been sliding down […]
The cryptocurrency market currently enjoys a rush of bullish momentum as members of the US Senate scramble to reach an agreement ahead of the legislation of a new crypto regulatory bill tomorrow. At press time, Bitcoin trades around $45,850, a 4.6% intraday jump, while Ethereum trades at $3,150 or +4.5%. As expected, the bullish momentum […]
Key Highlights BCH battles the resistance at $590The crypto has resumed an upward move Bitcoin Cash (BCH) Current StatisticsThe current price: $3,125.92Market Capitalization: $366,516,306,020Trading Volume: $30,727,758,990Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis August 9, 2021 On August 7, Bitcoin Cash (BCH) rallied to $590 but […]
As the US dollar index gains, Eurozone Sentix Economic Sentiment fell from 29.8 to 22.2, falling short of expectations of 29.0. The current situation index increased from 29.8 to 30.8, reaching its highest level since October 2018. The Expectations index, on the other hand, fell drastically from 29.5 to 15.0, the lowest level since May […]
