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: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in a sideways trend below the resistance at $67. Today, WTI crude oil is rising from the low of $62. On May 18, the USOIL price retested the $67 resistance zone and it fell to $62 support. This has been […]
“…Trading looks like work. It requires a certain level of persistence just to even dip their toe in the water and some shiver and run away before they give themselves a chance to ‘get it’. This is exactly why the wealth of the population is pyramid shaped, with only a few people rising to the […]
You can still make money on Dogecoin in 2021! As this article is being written, DOGE has gained close to 80,000% since its creation, despite the recent large pullback in the market. Price is bound to recover from here as the market moves higher. You can make money from Dogecoin this year. Many investors have […]
The past few days have been nothing short of erratic for Tron (TRX) and the rest of the cryptocurrency market. This week’s market crash got triggered by the Chinese government’s anti-crypto stance reiteration coupled with the bearish undertone from last week’s Tesla announcement. The bearish market condition worsened on Wednesday following overleveraged trading positions. That […]
The Canadian dollar is higher in the early US session following better-than-expected retail sales numbers. Following good PMIs, the pound has also strengthened. The Euro, on the other hand, had little reaction to the strong PMI results. Conversely, the euro appears to be responding to ECB President Christine Lagarde’s statement that dovish policies would be […]
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 has resumed an upward move after breaking the resistance at $152.00. In the previous price action, the currency pair has been in a sideways trend since March 11. Today, the uptrend has reached level 154.80. The uptrend is retesting […]
BNBUSD Price Analysis – May 21 An increase in the sellers’ momentum will push down the Binance Coin to break the support level of $364 which may decrease further to $311 and $254 levels. Inability to break down the support level of $364 by the bears, BNBUSD will break up the $420 and bullish trend […]
EURJPY Price Analysis – May 21 Following Wednesday’s record highs in the 133.50 regions, EURJPY continues to fall. Meanwhile, the risk complex is in a generally better mood, with investors expecting revived demand for the Japanese Safe-haven and falling US yields. A combination of factors, such as ECB fiscal policy, could reduce the upside potential […]
The United States Treasury has called on the IRS to impose rigorous cryptocurrency compliance measures, citing significant tax evasion risk in the industry. According to a new order by the Treasury Department, all transactions over $10,000 have to get filed with the IRS for documentation and taxation objectives. This announcement comes after the cryptocurrency market […]
