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 Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: RangingUS Wall Street 30 is in a sideways move below level 35200. Since July 26, the index has been fluctuating below the overhead resistance. The overhead resistance has not been broken since May 10. Meanwhile, on July […]
The Indian Ministry of Finance has answered some pressing questions about the status of cryptocurrency activities and regulations in the country on Monday. The ministry responded to a series of questions from the Lok Sabha, the lower house of India’s parliament, on some crypto matters. The minister state for the finance ministry revealed that the […]
USDCHF Price Analysis – August 3 Following last week’s decline, the USDCHF is deepening its downward bias on Tuesday. The currency pair is currently trading at 0.9030, down 0.28 percent on the day. The Swiss franc has maintained its safe-haven status despite market volatility. The Consumer Price Index (CPI) in Switzerland grew to 0.7 percent […]
Key HighlightsLTC price in a downward move as it faces rejectionThe altcoin has resumed selling pressure Litcoin ( LTC) Current StatisticsThe current price: $137.97Market Capitalization: $11,589,367,564Trading Volume: $1,370,555,270Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis August 3, 2021Litecoin’s (LTC) price is falling as the crypto faces rejection at […]
Based on on-chain activities, analysts assert that there is massive profit-taking occurring in the market since Bitcoin (BTC) peaked at $42,600 on Sunday. As a result, the benchmark cryptocurrency plunged by over 10% since its recent peak. On-chain analytics platform Glassnode noted that the big question in the mind of the BTC community is if […]
ADA Price Analysis – August 03 Should the buyers gain enough momentum and the daily candle closes above $1.3 level, ADA/USD may increase to $1.4 and $1.6. In case the sellers defend the $1.3 level, the bears’ pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $1.3, $1.4, $1.6 Support levels: $1.1, […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: RangingGBP/USD pair has been in a sideways trend below 1.4200 overhead resistances. For the past three months, the pair has been making positive moves below level 1.4200. On July 30, the pair reached the high of 1.3979 and was repelled. […]
AUDJPY Price Analysis – August 1 AUDJPY downslides after falling through the 82.900 major support. The market had endured a spell of consolidation at the beginning of the year between the 80.760 and the 79.800 key levels. Thereafter, bulls gained strength to travel out of the consolidation. Price ascended till it was rejected at 84.980. […]
In otherwise choppy conditions, sterling is particularly weaker today. The Euro is likewise solid, aided by the Pound’s comeback. The Australian dollar is the more dominant since it is recouping losses from the previous week. So far, the upside is restricted ahead of the RBA’s monetary policy decision tomorrow. The Swiss Franc, on the contrary, […]
