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: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: RangingSince April 16, US30USD has been consolidating below the 34000 resistance zone. The upward move could not be sustained because of the current resistance. Meanwhile, the index is fluctuating between levels 33800 and 34000. On April 16, […]
The dollar and the yen are significantly recovering today amid ongoing consolidated trading, fueled by mixed sentiment. Major global trading yields are falling, with US 10-year bond yields below 1.6. The New Zealand dollar is ahead of the Australian dollar’s decline, followed by the pound sterling. Markets began the week with a moderate tone of […]
The cryptocurrency market continues to maintain its standing as one of the most volatile financial markets ever. Over the past 12 hours, the entire cryptocurrency market has witnessed a rollercoaster-like price action as the crypto market bleeds. At press time, the crypto market, led by Bitcoin (BTC), has lost over $100 billion in valuation. According […]
USDCHF Price Analysis – May 4 During the European session, the USDCHF brings the buyers’ interest to the test, with the possibility of a recovery from the downside pressure to crack the sellers’ grasp. As technicals reveal a dominant selling side, buyers smashed through the barrier at 0.9150. The dollar is being boosted by expectations […]
The government of Thailand has imposed a new cryptocurrency law, which would require new users to be physically present for registration on exchanges. The Thai Anti-Money Laundering Office (AMLO) noted that the new law will take effect starting from July and that verification of identities will be done using dip-chip machines. Presently, crypto account opening […]
ADA Price Analysis – May 04 The breaking up of the resistance level of $1.31 will increase the price to the resistance level of $1.46 which may extend to $1.68 level. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decrease to $1.23, $1.11 and $0.98. ADA/USD Market Key Levels: Resistance […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingSince March 4, EUR/CHF is in a sideways move below the resistance at level 1.1150. For the past month, the pair has been fluctuating between levels 1.0950 and 1.1150. Today, the market is rising on the upside after testing the […]
Key HighlightsLitecoin faces rejection from the high of $300Litecoin (LTC) has a target price of $604 Litecoin (LTC) Current Statistics The current price:$277.79 Market Capitalization:$23,412,773,647 Trading Volume:$5,981,847,650Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 4, 2021Litecoin is in an upward move. The crypto is retracing after reaching […]
Stock tokens, typically held by Binance, are digital assets that closely track the price action of traditional financial securities, like stocks of publicly traded companies. These tokens are delta-one products backed by physical shares, which means that price movements in the underlying assets are replicated to the tee by the derivative. Unlike traditional stocks, interested […]
