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.
XAGUSD Price Analysis – July 4 The Silver (XAG) sellers were unable to keep their price below the $25.00 level and began a new surge versus the US Dollar. The XAGUSD pair has moved into a positive zone after breaking through the mid $26.00 level. Silver is holding up while the dollar fell on Friday […]
Philippine’s national stock exchange, the Philippine Stock Exchange (PSE), is believed to have its eyes on cryptocurrency trading. The president of the PSE, Ramon Monzon, in an interview with CNN Philippines last Friday noted that the stock exchange should offer cryptocurrency trading for interested parties. Monzon noted that the suggestion was discussed in a top […]
Key HighlightsEthereum bulls break resistance at $2.240The biggest altcoin has reached an overbought region of the market Ethereum ETH) Current StatisticsThe current price: $2,314.48Market Capitalization: $269,566,723,335Trading Volume: $269,566,723,335Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 4, 2021 Ethereum has been making positive moves for the past three […]
Lead JP Morgan analyst Nikolaos Panigirtzoglou has commented on when he expects the prevailing Bitcoin (BTC) bear run to end. In a recent interview with CNBC, the analyst asserted that Bitcoin would reenter a bull market once its market dominance exceeds 50%. Panigirtzoglou noted that: “A healthy number there, in terms of the share of […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend. WTI has risen to an overbought region of the market. The RSI indicated an overbought region of the market as USOIL rises to $75.10. The implication is that the upward rally is likely to subside on the […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishGBP/JPY pair is in an uptrend. The currency pair has fallen below the moving averages twice. The Pound was repelled twice at levels 156 and 155 before the resumption of a downward move. GBP/JPY pair is struggling to sustain above […]
Many eyes are on the Ethereum (ETH) network as the Ethereum 2.0 deposit contract now boasts over 6 million Ether. Meanwhile, Ethereum enthusiasts are gearing up for the highly-anticipated EIP1559 upgrade and London hard fork. Glassnode, an on-chain analytics provider, noted that: “Growth in new and existing activity throughout DeFi has taken a hit, as […]
The dollar is grappling with relatively positive NFP (non-farm payroll) gains, and it is sliding considerably during the US session. Stocks haven’t been very fired up, as DOW futures stays up only 0.2 percent at the time of writing. Nonetheless, the greenback is more likely to end the week as the top currency, trailed by […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polka dot (DOT) Price Long-term Trend: BearishOn June 22, Polkadot (DOT) fell to the previous low above $13. The bulls bought the dips to resume upward. For the past week, the DOT price has been fluctuating in a confined range between $13 and $17. The bulls […]
