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: 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. On Mat 27, the pair reached the high of level 156.00. The currency pair was resisted as the market resumed a downward move. The uptrend will resume if price retraces and finds support above […]
The Aussie has risen further, reaching a new high of 0.7745. After a 70-pip rebound from the lows, it has remained at the top, erasing the majority of the week’s losses. The Aussie rise was sparked by a general decrease in the US dollar following the release of the US employment report. Payrolls increased by […]
XAGUSD Price Analysis – June 6 After failing to profit from the weaker DXY on Friday, the XAGUSD saw some buying near the $27.00 mark. As buyers hunt for upside continuation, the pair is correcting but could be headed for a new high. As buying interest ramped up at the $27.22 level, silver is currently […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: June 06 In case there is further increase in the bears’ momentum a breakdown of $244 support level may be experienced, which may drop the price to previous low of $189. The breakup of $322 resistance level will increase Monero – Guide, […]
In its unrelenting efforts to develop and release a digital yuan, Shanghai authorities have announced that they would distribute $3 million worth of the Chinese central bank digital currency to Shanghai residents. As seen in other parts of China in the past, the digital currency will get distributed through a lottery. The state-run Xinhua news […]
Key HighlightsEthereum faces rejection from the $2900 resistanceThe biggest altcoin is likely to resume a downward move Ethereum ETH) Current StatisticsThe current price: $2,725.44Market Capitalization : $314,627,231,432Trading Volume: $27,332,190,526Major supply zones: $2,800, $3,000, $3,200Major demand zones: $1,800, $1,600, $1,400 Ethereum (ETH) Price Analysis June 6, 2021 Ethereum is falling after facing rejection at the recent […]
The President of El Salvador, Nayib Bukele, has announced his administration’s plans to make Bitcoin (BTC) a legal tender in the country. President Bukele announced at the ongoing Bitcoin 2021 Conference in Miami. The president noted that he would forward a bill to this effect to Congress next week. That said, if approved, El Salvador […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishXAUUSD is in an uptrend. Gold has risen tremendously from its previous low of $1,680 to $1,890. The market reached the high of $1,925 and was repelled. Gold retraced to the support of the 21-day SMA. The uptrend will resume […]
Tron (TRX), alongside the rest of the crypto market, suffered a massive crash on Friday following a rejection from the $0.0830 resistance level. The renewed bearish pressure caused the crypto market to fall by over $100 billion within a few hours. Since the start of the workweek, Tron performed relatively well, as bulls regained confidence. […]
