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.
XAGUSD Price Analysis – May 9 Silver (XAG) surged to two-month highs of $27.67 to close at $27.45 on Friday, gaining nearly 20 percent for the week. As XAGUSD surges higher, buyers have eyes toward the mid $28 region. A major disappointment on the headline NFP number could explain Silver’s towards the end of the […]
Goldman Sachs has announced via its internal memo seen on CNBC Friday that it has assembled a cryptocurrency trading team. According to the publication, this would be the first time the behemoth investment bank has confirmed a relation with cryptocurrency trading. The memo, titled “Formation of Cryptocurrency Trading Team,” was composed by Rajesh Venkataramani, a […]
According to a recent report by Learn2Trade, Bitcoin (BTC) investors are continuously pulling out their crypto-assets from exchanges, which is a good indication that selling pressure is at a low, and price hikes could ensue shortly. This proposition, which was put forward by CryptoQuant, has gotten confirmation from the on-chain analytics data provider. Through the evaluation […]
Key HighlightsEthereum rebounded above $3,250 support, approaches the high of $4,000Ethereum trades in the overbought region Ethereum ETH) Current StatisticsThe current price: $3,929.29Market Capitalization: $453,997,802,661Trading Volume: $53,397,522,939Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis May 9, 2021 Yesterday, Ethereum bulls broke the resistance at $3,542 as the altcoin […]
For its Q1 report for 2021, Ripple (XRP) has announced that it grossed a total of $150.34 million in XRP sales, a 97% increase from its Q4 2020 report of $76.27 million. The company noted that the sales boom was triggered by the growing demand for RippleNet’s On-Demand Liquidity or ODL service. The company noted […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: RangingGBP/JPY is presently in a sideways trend. The pair is presently rising to retest the resistance at level 152.50. The next resistance will be retested if level 152.50 is breached. On April 6 uptrend a retraced candle body tested the […]
After a massive jobs data miss, the dollar plunges dramatically in the early US session. Without a doubt, the Dollar will finish the week as the worst-performing currency. The euro and the Swiss franc are fast to attack the dollar. However, the yen is not far behind, as stocks may be under pressure following the […]
Just as Ethereum had CryptoPunks as its first digital collectible NFTs, Tron (TRX) blockchain has announced Tpunks. For just 1000 TRX, users can now mint one of the first MFTs on Tron. The release of Tpunks came with the usual fanfare. Just as with the release of Binance Punks on the Binance Smart Chain, Tpunks […]
EURJPY Price Analysis – May 7 EURJPY regains its momentum and buying interest, continues to move north. If all other factors remain constant, the exchange rate is expected to rise further in the present trading session. The EURJPY pair’s possible goal may be above the 132.00 marks. The improvement in German 10-year Bond yields appears […]
