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.
The past few days have been very tough on Ethereum Classic (ETC) and the entire cryptocurrency market. The ongoing market crash was triggered by a tweet from Elon Musk, stating that Tesla would no longer accept Bitcoin payment for its vehicles because of environmental concerns. This announcement struck a negative chord for crypto traders, who […]
US Dollar inflation expectations around the world continue to edge up as the constant build-up of price pressures in factory input costs as well as soaring commodity prices are making investors question the FED’s narrative that the current surge in inflation will be temporary. Commodity currencies are currently trading as the weaker ones, as risk […]
Shiba Inu (SHIB) has become one of the most followed cryptocurrency developments by the crypto community of late. The SHIB is touted by many as a Dogecoin knock-off, considering that it also uses the famous Japanese breed dog Shiba Inu as its mascot. Additionally, both cryptocurrency started as jokes. That said, both projects have some […]
EURUSD Price Analysis – May 17 Buyers of the EURUSD are set to return the pair towards the 1.2200 area after Friday’s advance. As it attempts to range the price continues to rally to break higher the 1.2150. The dollar is being weighed down by falling US Treasury yields. Key LevelsResistance Levels: 1.2272, 1.2243, 1.2190Support […]
Bitcoin SV Price Analysis – May 17 An increase in the bears’ pressure may push down the price to penetrate the $233 level, there will be a price decrease in price towards the support level of $217 which may extend to $198 level. In case the bears’ momentum is interrupted by the bulls at $233, […]
Key Highlights Bitcoin Cash falls and finds support above $1,000BCH resumes an upward move Bitcoin Cash (BCH) Current StatisticsThe current price: $1,114.21Market Capitalization: $1,114.21Trading Volume: $6,829,675,565Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis May 17, 2021 Bitcoin Cash is recovering after falling to the low of […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNASDAQ 100 slumps to level 13000 low and resumed a fresh uptrend. The index has broken above the moving averages indicating a possible rise in prices. The upward move has been facing resistance at level 14000. If the current […]
In April, industrial output in the United States increased by 0.7 percent, falling short of the industry consensus of 1%. According to analysts, production is already lagging behind demand, and as shortages become more widespread, the situation may exacerbate in the following months. Manufacturing production increased a modest 0.4% MoM in April, but was constrained […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: May 16 Should the bears continue to increase their momentum, $361 support level will be broken down side, and Monero – Guide, Tips & Insights | Learn 2 Trade will decrease towards $322 and $281 levels. Inability to break down the $361 […]
