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 Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 is in an upward move. Today, buyers are struggling to break above level 14000. Since February, the bulls are yet to break the resistance at level 14000. Each time, the resistance zone is tested, the market will decline […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingNZD/USD is in a sideways move below level 0.7300 Since April. The currency pair has been fluctuating between levels 0.7150 and 0.7300. Today, the currency has risen and it is breaking above the moving averages. This will propel price to […]
Despite the recent market crash, open interest for Ethereum (ETH) has surged significantly, while that of Bitcoin plummets. According to CryptoCompare’s May 2021 Exchange Review, Ethereum gained significant market share in the derivatives market in May, as open interest for the altcoin giant rose by 10% to $6 billion. Meanwhile, open interest in BTC-based products […]
In a calm session today, the dollar is holding its late-week losses, but there is little sign of a resurgence. On the other hand, the yen is slightly higher due to the region’s sluggish stock markets. As the current rally loses some upside momentum, gold is battling below the 1900 handle. WTI crude oil also […]
EURUSD Price Analysis – June 7 The EURUSD pair has so far failed to break over the 1.2250 upside barrier in the last trading week and is currently trading below it. Currently, the pair is holding gains above the 1.2150 zone. In the near term, a move towards a consolidative phase is possible, especially ahead […]
Key Highlights BCH retraces to $609The altcoin may resume a fresh uptrend Bitcoin Cash (BCH) Current StatisticsThe current price: $653.13Market Capitalization: $13,709,617,877Trading Volume: $1,540,712,361Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis June 7, 2021 Since May 23, Bitcoin Cash has been in a downward correction. The […]
Bitcoin SV Price Analysis – June 07 The bulls will have to increase their pressure in order to break up the resistance level of $198 which will expose the price to $217 and $233 price level. Should the resistance level of $198 hold, ranging movement may continue. Key Levels: Resistance levels: $198, $217, $233 Support […]
According to the Minister of Economic Affairs and Finance of Iran, Farhad Dejpasand, the country is getting closer to fulfilling its income tax targets. The minister noted that the adoption of new technology, like blockchain, has helped Iran grow its revenue and currently accounts for a third of the budget revenue growth. Dejpasand noted that: […]
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. The WTI has risen to $69.32. The crude oil is facing resistance at the recent high. Meanwhile, on April 20 uptrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that WTI will […]
