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: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: Ranging US Wall Street 30 has been in a sideways trend since May. For the past three months, the index has been in a sideways trend below level 35200. On July 16, US30USD was repelled at the […]
According to a recent study organized by Fidelity Digital Assets, seven out of ten global institutional investors (70%) will likely purchase cryptocurrency in the future. Meanwhile, 50% of the participants in the survey revealed that they already own cryptocurrencies. Most of the participants asserted that the highly volatile nature of digital assets was not enough […]
ADA Price Analysis – July 20 When the sellers increase their pressure, the support level of $0.98 will be penetrated and the support levels of $0.83 and $0.73 may be tested. Inability to break down the $0.98 by the bears may lead to an increase in price to resistance levels at $1.11, $1.31 and $1.46. […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF pair is in a downward move. The currency pair has reached bearish exhaustion as price fell above level 1.0812 and resumed consolidation above the current support. On July 13, the bearish trend was terminated as the market resumed consolidation. […]
Key HighlightsLitecoin bears attempt to break the previous low at $105.78The altcoin is likely to further decline Litcoin ( LTC) Current StatisticsThe current price: $106.51Market Capitalization: $8,943,118,528Trading Volume: $1,473,910,378Major supply zones: $400, $420, $440Major demand zones: $180, $160, $140 Litecoin (LTC) Price Analysis July 20, 2021Litecoin’s (LTC) price falls as bears break below the previous […]
Despite the recent crash below the critical $30k level by Bitcoin (BTC), on-chain metrics from Glassnode suggest that whales are still on binge acquisition mode. According to the analytics platform’s weekly report released yesterday, the benchmark cryptocurrency’s reserves on crypto exchanges are on a steady decline despite having turned bearish since its sustained drop below […]
USDCHF Price Analysis – July 20 On Tuesday the USDCHF remains bid above the mid 0.9100 up 0.23 percent at 0.9195 intraday high. In the short term, the momentum indicators paint a positive picture for the pair. When measured by the US Dollar Index (DXY), the greenback continues to recover strengthening the overall structure of […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY currency pair is in a downward move as price reaches the low of level 80.17. The bearish momentum is likely to continue on the downside as the pair faces rejection after a retracement. Meanwhile, on June 21 downtrend; a […]
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 in a downward move. The currency pair upward move faced rejection in May, compelling the Pound to resume a sideways trend. The pair has been in a sideways trend below the overhead resistance at level 1.4200. Meanwhile, […]
