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: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD has resumed an upward move after reaching the low of 1.2300. The currency pair has broken the previous resistance at level 1.2450 as the pair approaches the target price of 1.2750. Meanwhile, on June 18 uptrend; a retraced candle […]
The legal case between Ripple (XRP) and the United States Securities and Exchange Commission (SEC) has lost its novelty to many members of the crypto community. There has been little to no new development from the ongoing case in the past few weeks. Yesterday, crypto analyst Martin Valk tweeted that the case had become “a […]
As traders await the FOMC minutes, the dollar and the rest of the currency markets are often range-bound. Discussions on the date of tapering, which was not explicitly mentioned in the announcement, as well as economic estimates, will be the central objective. As worldwide mood has improved, the dollar’s surge seems to be shedding strength. […]
Key HighlightsEthereum bulls face rejection at recent highThe biggest altcoin has reached an overbought region of the market Ethereum ETH) Current StatisticsThe current price: $2,345.74Market Capitalization: $273,406,230,919Trading Volume: $23,554,898,278Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 7, 2021 Since July 2, Ethereum has been making positive moves. […]
AUDUSD Price Analysis – July 7 Despite a lack of strong follow-through, the AUDUSD pair maintained its bid tone and held solidly above the 0.7500 psychological thresholds during the first half of the European session. Indications that the Fed may maintain its ultra-loose monetary stance for a prolonged period continued to operate as a barrier […]
In November last year, Sygnum Bank AG noted that it had partnered with Taurus Group, a firm in relation with SEBA bank and other prominent Swiss fintech services, to offer customers crypto stalking accounts. At the time, the staking accounts would leverage on the Tezos network, a proof-of-stake platform. However, with the ETH 2.0 upgrade […]
STELLAR Price Analysis – June 30 An increase of the bears’ momentum may break down the support level of $0.22, which may leads to further price decrease to the $0.16, later it may extend to $0.11 level. In case the bears’ pressure unable to break down the support level of $0.22, bulls may continue to […]
Key Resistance Zones: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS Wall Street 30 is in an uptrend. The upward move is hindered at the resistance of level 35000. Since May 10, the index has been trading below the overhead resistance. On July 5 uptrend; a retraced […]
Cardano has announced that some of its shorter-term goals include onboarding about 50 banks to use its native cryptocurrency (ADA). The CEO of the Cardano Foundation, Frederik Gregaard, revealed that three Fortune 500 companies could begin to use the token within the next three years and that this number could increase to ten by 2026. […]
