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.
Trading markets today move more quickly than ever before. Whether in forex, cryptocurrency, stock exchanges, or anywhere else where significant activity takes place, traders need to be engaged if they’re to take advantage of movement. Partly, this means staying available to trade whatever market is at hand during peak hours (or at least those most […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in an uptrend. The index reaches the high of level 13885 and was repelled. It fell to level 12757 and resumed upward. Daily Chart Indicators Reading:Presently, the SMAs are sloping upward indicating the uptrend. The index has […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi drops as sellers emerge in the overbought region. The market fell to the low of level 0.7228. If price finds support above the SMAs, the upward move will resume. Daily Chart Indicators Reading:The Kiwi has fallen to level […]
XRP/USD Market February 02 Should the Bears break down the support level at $0.39, then, $0.28 and $0.21 price level may be tested. In case the support level of $0.39 hold, the price may bounce and face the resistance level of $0.49, $0.63 and $0.73. XRP/USD Market Key Levels: Resistance levels: $0.49, $0.63, $0.73 Support […]
U.S. President-elect Joe Biden’s proposal to pour $1.9 trillion into a hobbled economy could lay the foundation for a surge in jobs and spending that many economists say is needed to avoid long-term damage from a record-breaking pandemic recession. On Saturday, the US House of Representatives passed President Joe Biden’s $1.9 trillion coronavirus relief package […]
XAGUSD Price Analysis – February 28 The XAGUSD pair lost upside momentum under the $28.00 level during the prior session as sellers’ pressure takes a toll to hit the $26.13 low level. In the new week, the pair may stay distressed under the $28.00 level as the U.S dollar may gather further strength on rising […]
Following a bullish performance on Saturday, Bitcoin (BTC) has dropped sharply below the $44k level. The recent BTC decline dragged the altcoin industry along, causing the entire cryptocurrency market valuation to fall by $120 in a few hours. However, Bitcoin has rebounded to the $45k level at press time. That said, Bitcoin’s market valuation continues […]
The growing use of DeFi protocols and decentralized applications built on Ethereum appears to have overloaded the network to the point of unsustainable transaction fees. That said, several cryptocurrency ecosystems are now in a race to usurp dominance from Ethereum amid this “slip up,” and Binance CEO, Changpeng Zhao, is rooting for Binance Smart Coin […]
Key HighlightsEthereum bulls are struggling to hold above $1,300 supportThe biggest altcoin will slump again if the current support at $1,400 is broken Ethereum ETH) Current StatisticsThe current price: $1,354.55Market Capitalization: $156,343,211,173Trading Volume: $22,578,249,561Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis February 28, 2021 Ethereum bulls are struggling […]
