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: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index is an upward move. The index has been rising since March 9. The index has risen and it is retesting the previous historical price level at level 13885.85 to break above. On March 17 uptrend; a retraced […]
XAGUSD Price Analysis – April 11 During the previous session, the price of the white metal was under tremendous pressure and fell below the mid $25.00 mark. The selling bias would be reversed if the price rises above the $25.00 breakpoint. The lack of long-term downside is likely since US government bond yields have fallen […]
According to a recent study conducted by IDC Spain, a consulting company, businesses in Spain are adopting and using blockchain technology now more than ever. Across sectors like municipalities and public universities to corporations and industries, business organizations are adopting blockchain technology at unprecedented levels, thereby increasing the diversity and activity in the ecosystem. Based […]
The race to launch the first Bitcoin (BTC) exchange-traded fund (ETF) in the US continues to intensify, as asset manager Kryptoin recently announced that it has re-filed for an ETF with the SEC. With Kryptoin reentering the race, the number of impending BTC ETFs with the SEC is now seven. The list includes Fidelity, First […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair has been in a downward move but the Kiwi’s price is making an upward correction. The pair corrected upward to level 0.7050 resistance zone and was resisted. Since April 5, the upward move is facing rejection at the […]
Key HighlightsEthereum bulls struggle to break the resistance at $2,150Ethereum has a target price of $2500 Ethereum ETH) Current StatisticsThe current price: $2,142.55Market Capitalization: $248,130,215,232Trading Volume: $23,662,694,684Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 11, 2021 Ethereum bulls are still struggling to break above the $2150 resistance. […]
The Canadian dollar jumped sharply in the early American session, helped by much better-than-expected employment data. Canada’s March employment report released Friday was better than expected. Analysts at the National Bank of Canada note that Canada should not yet claim victory, as new losses are likely in April. Monthly data released by Statistics Canada showed […]
Prominent US online brokerage provider Robinhood recently reported that the number of users that trade cryptocurrencies on its platform grew by six times in Q1 2021. According to a blog post dated April 8, Robinhood revealed that a total of 9.5 million users traded on its platform in the first quarter of 2021 alone, a […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: RangingUSOIL was earlier in an uptrend. WTI faced rejection at $67.50 resistance. The market declined to a $57.50 low and resumed a range-bound move. Presently, WTI is fluctuating between levels $57.50 and $67.50. Since March 18, USOIL has been in a range-bound […]
