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: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD pair is in an uptrend. The Pound is currently fluctuating below level 1.4300. The upward move has been resisted since May 18. Meanwhile, on May 11 uptrend, a retraced candle body tested the 61.8%% Fibonacci retracement level. The retracement […]
STELLAR Price Analysis – June 09 The price may break down the support level of $0.30, when the bears increase their momentum, and the price may decrease to the low of $0.22, which may extend to $0.16 level. In case the bears are unable to break down the support level of $0.30, bulls may take […]
According to a recent report by Bloomberg, Chief Investment Officer of Skybridge Capital Troy Gayeski noted that Bitcoin (BTC) still has more upside potential than gold. He added that while he expects both assets to rally over the long term despite the Fed’s move to taper asset purchases, his hedge fund will stick with Bitcoin. […]
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 was earlier in an uptrend. The uptrend was terminated in February as the pair resumed a sideways move below the level 85.50. Since February, the currency pair has been in a sideways trend below the resistance at […]
ADA Price Analysis – June 08 Should the sellers exert more pressure on the market, the support level of $1.46 will be penetrated and the support levels of $1.31 and $1.11 may be reached. Inability to break down the $1.46 by the bears may lead to an increase in price to resistance levels at $1.64, […]
In relatively quiet markets today, the Swiss Franc rises sharply. The Canadian Dollar is the second strongest currency, followed by the US Dollar, though both currencies are trading within yesterday’s ranges. Sterling is currently the currency with the weakest performance, followed by the New Zealand Dollar and finally the Yen. However, the selling in both […]
USDCHF Price Analysis – June 8 The USDCHF is sliding under negative pressure, with the pair breaking to 0.9000 downsides during the European session and falling to 0.8960, the week’s low. Despite lower US market prices and a drop in US bond yields, the dollar fell. The yield on the 10-year Treasury note decreased to […]
Some Kenyan banks have begun disbursing warning alerts to their clients to avoid engaging in cryptocurrency transactions due to the associated risks. These warnings got sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.” According to a local report, NCBA bank Kenya has advised its clients “not […]
Key HighlightsLitecoin is failing to revisit the previous lowLitecoin is still in a downward correction Litcoin ( LTC) Current StatisticsThe current price: $157.43Market Capitalization: $13,212,310,475Trading Volume: $3,047,137,394Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis June 8, 2021Litecoin is in a downward move. After its recovery from the $118 […]
