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.
USDCHF Price Analysis – April 20 During the first half of the European session on Wednesday, the USDCHF pair continued its downward trend, falling to seven-week lows near 0.9135 level. In the wake of USD weakness, the pair appears to be having trouble staging a meaningful rebound. As of this writing, the pair is trading […]
The Ukrainian parliament, the Verkhovna Rada, has assumed a stiff stance against citizens who do not disclose their cryptocurrency holdings on their tax fillings. The bill, which passed with 283 votes out of 450 members, seeks to criminalize the evasive act and aims at fining or jailing offenders. According to the bill, domestic cryptocurrency investors […]
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, the EUR/CHF has been in a sideways move. Buyers have not been able to push the pair above level 1.1100. Each time, the market rises to level 1.1100, the currency pair will fall to level 1.1000. This […]
Key HighlightsLitecoin encounters a sharp drop to $248.66 lowThe altcoin may experience a further downward move Litecoin (LTC) Current StatisticsThe current price: $253.92Market Capitalization: $21,274,943,555Trading Volume: $9,316,655,303Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis April 20, 2021Litecoin reached a high of $335.35 but could not push on the […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD has resumed a strong bullish momentum. The pound rebounded above level 1.3800 and rallied above level 1.3950. The Relative Strength Index period 14 indicates that the pound is in the uptrend zone and it is approaching the overbought region. […]
As the greenback’s selloff continues today and picks up speed rapidly, the euro eventually breaks through the 1.2 handles against the dollar. Even so, other currencies have surpassed the Euro, especially Pound, which is currently the best, trailed by the Swiss Franc. Commodity currencies are still stagnating, partially because they are under tension from the […]
TIME Magazine has followed through on its decision to venture into the Bitcoin and cryptocurrency market, as the company now accepts crypto payments for its digital subscription. The announcement comes a few weeks after the giant magazine manufacturer collaborated with Grayscale to produce educational cryptocurrency materials. With its first issue dating as far back as […]
Bitcoin SV Price Analysis – April 19 Further increase in the bears’ momentum may push down the coin to $285 level, which may decrease the price to $259 and $233 support level. In case the bulls oppose the bears’ pressure and the price is rejected at $285, the bulls may take over the market. […]
EURUSD Price Analysis – April 19 The early analysis points to a growing chance that EURUSD bursts above 1.2050 level in the new week. After the pair surged through the psychological 1.20 barrier and hit the highest since Mar 4 on Monday. Today’s action is underpinned by dropping bond yields, making the greenback less attractive. […]
