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.
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index is in an upward move. FTSE 100 has risen to level 7200 but it is retracing for a further upward move. The index will resume an uptrend as price finds support above the 21-day SMA. Meanwhile, on April 19 […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BullishUSD/CAD has resumed upward move. The currency pair has broken above the moving averages. The market will continue to rise as long as the price bars are above the moving averages. In the previous price action, the market was fluctuating […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDOGE’s price continues its downward move after rejection at $0.33. DOGE price at the same time broke below the moving averages. This will catapult the coin to the bearish trend zone. Since the breakdown on June 4, the crypto’s price has been […]
AUDUSD Price Analysis – June 17 During Thursday’s mid-European session, the AUDUSD fell significantly. The pair tumbles toward the sub-0.7500 minor support zone, which was formed by the previous month’s lows. The early rally, on the other hand, was short-lived and fizzled out fast on continued US dollar buying interest. Key LevelsResistance Levels: 0.7980, 0.7775, […]
The long-awaited Ethereum 2.0 network upgrade is said to have over 5.6 million Ether locked in its deposit contract, a record high. According to recent data from Etherscan, the total value of Ether locked in the Ethereum 2.0 staking contract now stands at $13.5 billion. The ETH 2.0 narrative came into existence in early December […]
Uniswap Price Analysis – June 17 In case the bears were able to exert pressure to break down the support level of $21, the price may decrease to the support level at $15 and $12 levels. Failure to break down $21 level by the bears, Uniswap price may increase to $26, $30 and $37 price […]
The dollar has risen after the Federal Reserve boosted its median federal funds’ rate prediction for 2023 from 0.1 percent to 0.6 percent. That is, by the end of 2023, two rate hikes are possible. In addition, seven FOMC members expect one or more rate hikes in 2022, compared to four in March. By 2023, […]
Authorities in the partially recognized South Caucasus republic, Abkhazia, have identified and shut down eight crypto mining farms over the past two weeks. This clampdown involved mining facilities that operated in breach of the country’s ban on cryptocurrency mining. According to an official statement on the Ministry of Interior’s website, Abkhazian authorities have disconnected over […]
Key Highlights Ethereum faces rejection at $2,600Ether will further decline to $1,982 low Ethereum ETH) Current StatisticsThe current price: $2,444.18Market Capitalization $284,342,517,673Trading Volume: $24,043,095,493Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis June 16, 2021 Ethereum is in a downward move. The crypto’s price has been making series of […]
