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 new Google ad policy for financial products and services (including cryptocurrency), first announced in June, has taken effect today. A notice in the behemoth search engine’s website detailed that: “Beginning August 3, advertisers offering cryptocurrency exchanges and wallets targeting the United States may advertise those products and services when they meet the following requirements […]
Dollar: After significantly weaker-than-expected ADP job statistics, US futures are heading south. As risk sentiment shifts back to caution, the yen gains a significant amount of ground. However, the NZD and AUD are still the most powerful today. The dollar is the next weakest currency and appears fragile, especially versus European majors and the yen. […]
S&P 500 Price Analysis – August 4 The S&P 500 began the day considerably lower, showing losses at the beginning and failing to keep over the prior week’s high of 4431 levels. The index was down 0.25 percent on the day at 4406 as of this writing. On Wednesday, the Automatic Data Processing (ADP) Research […]
USDCAD Price Analysis – August 4 USDCAD pushes up after employing the cup and handle formation. The market used this formation to effect a reversal in the market direction after a long period of downtrend movement which dates back to last year. Price kept making lower highs and lower lows consistently. This continued till the […]
Key HighlightsEthereum is in a range bound moveEther consolidates above $2,400 Ethereum ETH) Current StatisticsThe current price: $2,583.00Market Capitalization: $302,125,091,039Trading Volume: $302,125,091,039Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis August 4, 2021 Following the bearish impulse of August 3, Ethereum fell to $2,464.20 low and resumed consolidation above […]
In the latest development in the Ripple vs. SEC lawsuit, Ripple lawyers allege that Binance has documents critical to the case. The legal representative of Ripple CEO Brad Garlinghouse has submitted a filing with the Southern District of New York, requesting documents from Binance Holdings Limited, a subsidiary of the Cayman Islands-based digital asset exchange. […]
STELLAR Price Analysis – August 04 Should the bulls increase their momentum, the price will penetrate $0.30 level and increase to $0.42, further increase may push the price to $0.50. In case the $0.30 level holds, the price may decrease to the support level at $0.16 and $0.11 if the $0.22 level permits. XLM/USD Market […]
EURCHF Price Analysis – August 3 EURCHF keeps falling after it breached another key support level at 1.08480. This has been the situation since price hit a two-year high at 1.11550 on the 4th of March 2021. The market had had to climb an uptrend line to get to that point. It was initially believed […]
The dollar is under some pressure as falling Treasury yields weigh on the dollar. The Swiss franc is actually in the spotlight, continuing short-term gains against both the dollar and the euro. It was a two-half month, with the initial performance of the US dollar towards the end of the month being driven in part […]
