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.
EURJPY Price Analysis – April 30 After reaching fresh yearly highs at the 132.36 level during Thursday’s trading session, the EURJPY is trading on the defensive. It has taken positive steps almost throughout April. EURJPY stays under pressure amid weak German GDP shrinking by 1.7 percent in the first quarter, which was worse than predicted. […]
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. Since March 11, the currency pair has been struggling to break above level 152.500. The pair has retested the resistance level on more than three occasions. On April 6 the resistance was broken […]
UME and SocialSwap, two popular DApps on the Tron (TRX) blockchain, are reportedly the biggest contributors to the massive growth seen on the network in recent weeks. These decentralized applications are the most preferred among Tron users, despite their relatively high gas fees. According to a report by DappRadar, UME posted a 210% growth in […]
BNBUSD Price Analysis – April 30 Further increase in the buyers’ momentum will push the Binance Coin to the resistance level of $663 and if the daily candlestick close above it, then, the price may increase further to test the $758 and $850 resistance levels. Inability to break up the resistance level of $663 by […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: RangingSince April 24, DOT price fell to the $28 support as the altcoin resumed upward. The recent fall was caused by a rejection from the high of $48. The bottom line is that since Polkadot attained its price level at $40, […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold was in a brief uptrend as the market rallied to a high of level $1.797.72. The pair was repelled in the $1,800 resistance zone. Presently, the market is fluctuating below the recent high. On April 8 uptrend; the retraced […]
The dollar sell-off resumed after the FOMC risk was eliminated. The Fed has just reaffirmed its position that it is far from considering getting out of stimulus. Although the yen is still weaker over the week due to a strong rebound in the yields. Not far from the euro, the dollar is in third place […]
The United States government, along with some private sector players, are calling for a more detailed Bitcoin (BTC) regulation to help prevent the use of cryptocurrency as ransomware payments. According to an inside source to Reuters, a panel of experts comprising of the FBI, the US Secret Service, and some tech and security companies, are […]
Some weeks ago, Binance released its commission-free tradable stock tokens to help link the cryptocurrency industry and Wall Street. However, a top German financial regulator, BaFin, has warned that Binance could face heavy fines and scrutiny for offering security tokens without publishing the investor prospectus. Upon launch, the behemoth exchange announced that it would allow […]
