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 sudden rise in the pair came after the UK economy partially reopened today. This includes open areas in pubs and restaurants, barbershops, gyms, and minor stores that have opened for the first time in months. Investors have taken note of the sustainability of economic growth as the country entered the next phase of its […]
The race by companies in the US to attain approval to launch a Bitcoin (BTC) exchange-traded fund (ETF) continues to intensify, as Mike Novogratz’s Galaxy Digital files with the US SEC. If it gains approval from the regulator, the Galaxy Bitcoin ETF will trade on the NYSE Arca exchange. Galaxy Digital, which is based in […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD has been in a downward move after its rejection from level 1.4200. After the initial fall, the Pound is making a series of lower highs and lower lows. On March 5, a retraced candle body tested the 61.8% Fibonacci […]
Ethereum Classic (ETC) appears to be taking a break from its recent rally to the $21.53 all-time high and is trading down at -2% at press time. On the year-to-date scape, the ETC is currently trading up by +260%, significantly more than Bitcoin (110%) and Ethereum (190%). At the end of March, the Ethereum Classic […]
EURUSD Price Analysis – April 12 From early session tops around the 1.1904 mark, the EURUSD has receded to approach mid 1.1800 level during Monday morning trading. The dollar started the week on a stronger note as Fed’s bullish remarks lent some support to the greenback. Key LevelsResistance Levels: 1.2190, 1.2050, 1.1952Support Levels: 1.1800, 1.1693, […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY was earlier in an uptrend. The pair has been facing rejection at level 85.00. On February 26 and March 18, the pair was resisted and the market declined to level 82.00. Today, the selling pressure has resumed. On March […]
Key Highlights ``BCH rallied to $715 high but faces rejection at the recent highThere is the possibility of further downward movement Bitcoin Cash (BCH) Current StatisticsThe current price: $693.12Market Capitalization: $14,546,905,387Trading Volume: $3,288,253,668Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis April 12, 2021 Bitcoin Cash is […]
In terms of monetary policy, the RBA remains committed to its three-year yield target. It will decide whether to renew this program, targeting November 2024 (currently April 2024) bonds later this year. As Chief Economist Bill Evans noted after the RBA meeting, we expect such an extension to take place, since the RBA believes that […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: April 11 In case the bulls continue to increase their momentum, the bulls may break up the $322 resistance level and Monero – Guide, Tips & Insights | Learn 2 Trade will increase towards $361 and $400 resistance levels. If the bears […]
