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 Securities and Exchange Commission (SEC) is accusing Ripple (XRP) of “harassment” shortly after its executive won a bargain to gain access to internal documents from the regulatory body. The documents contain details on Bitcoin (BTC), Ethereum (ETH), and Ripple, where the SEC classifies them as digital currencies. That said, the SEC is striving to […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an upward move. The upward move is facing rejection at the recent high. On April 20, the first uptrend was resisted at the high of $64. Today, buyers are pushing on the upside. If the bulls break the […]
Tron (TRX) blockchain and DAO Maker (DAO) incubator for project funding have announced that they will be partnering to allow for DAO services to be seamlessly accessible on the Tron network. Also, the partnership will help Tron-based projects harness DAO’s massive fundraising base. Apart from fundraising opportunities, DAO helps blockchain projects gather solid and devoted […]
BNBUSD Price Analysis – April 23 Increase in the sellers’ momentum will push the Binance Coin below the support level of $503 and if the daily candlestick close below it, then, the price may decrease further to test the $420 and $364 support level. Failure to break down the support level of $503 by the […]
EURJPY Price Analysis – April 23 The EURJPY pair increased by 47 pips or 0.30% against the Japanese Yen towards the end of the week on Friday. As EUR edges higher, further consolidation appears to be on the cards in the near term, based on recent price action. ECB says its improving eurozone data, Lagarde […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BearishYesterday, the currency price broke the 21-day and 50-day SMAs. GBP/JPY is in a bearish trend zone. The implication is that the Pound is likely to further depreciate on the downside. However, there are bullish signals above level 149.00 support […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: RangingPolkadot’s price is in a downward move after buyers retested the $48 overhead resistance. The retesting of the overhead resistance on April 5 and 18, suggests the formation of a bearish double top pattern. This bearish double top pattern will cause […]
As we expected, in April the ECB left all monetary policy measures unchanged. Policymakers indicated that the current pace (increased since March) of asset purchases in PEPP will remain unchanged. Other monetary policy measures will remain unchanged with the Asset Purchase Program (APP) (traditional QE) at € 20 billion per month and a deposit rate […]
Bitcoin (BTC) has refreshed its daily lows after seeing a sharp reversal from the $55k level along with the US stock markets following President Joe Biden’s new tax proposal. The benchmark cryptocurrency is currently trading at the $52k area on most exchanges. Biden intends to increase capital gains tax to 43.4% for Americans with income […]
