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: 1.0800, 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 since March. The currency price was making a series of lower highs and lower lows. The price is correcting upward to reach the previous highs. If price faces rejection at the recent high, […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: RangingAUD/JPY currency pair is in sideways trend below level 85.00. The market fluctuates below level 82.00 and level 85.00. The price action is characterized by small body candlesticks.These candlesticks are indicating that buyers and sellers are undecided about the direction […]
According to local reports, the Iranian police have confiscated 7,000 illegally-operated Bitcoin (BTC) mining devices. The Tehran police chief, General Hossein Rahimi, noted that the machines got abandoned at a mining farm west of the capital. The IRNA, a local media house, added that this seizure of mining rigs is the largest in the history […]
The UK announced on Tuesday that Jonathan Haskel had been reappointed to the Bank of England’s (BoE) Monetary Policy Committee (MPC). Catherine L. Mann was also named to the MPC of the Bank of England. This change does not appear to be affecting the British pound’s performance against its key competitors. The GBP/USD pair was […]
Key HighlightsLitecoin price breaks the previous low at $118The altcoin has resumed a fresh downtrend Litcoin ( LTC) Current StatisticsThe current price: $120.01Market Capitalization: $10,120,049,284Trading Volume: $3,723,978,156Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis June 22, 2021Litecoin’s (LTC) price fell to $107 low and resumed upward. Today, the […]
ADA Price Analysis – June 22 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. […]
Since its creation in 2009, the Bitcoin meteoric price rally remains a controversial topic across mainstream media. While many publications disregard BTC as a highly volatile asset and label its price action random, some data sets assert that the price movements get influenced by well-known metrics. According to data from Blockchain.com, a Reddit post, which […]
USDCHF Price Analysis – June 22 During European trading hours on Tuesday, the USDCHF pair is slightly higher from yesterday’s close at 0.9179 level. The pair has been rising rapidly into the 0.9200’s for the third day in a row. Ahead of FOMC Chairman Powell’s testimony, the US Dollar Index reclaims 92.00. Key LevelsResistance Levels: […]
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 pair is facing resistance at level 156.00. The market declines to level 152 after the rejection. This has caused the price to fall below the moving averages. The currency price has to break […]
