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.
Friday’s highly anticipated non-farm jobs report comes out at a somewhat awkward time; For the first time in six years, the April employment report falls on Good Friday, which means many major markets will be closed. As a result, readers who trade the forex or bond markets at their desks may see less liquidity than […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: RangingGold is in a range-bound move. Since March 5, XAUUSD is fluctuating between levels $1,675 and $1,750. For the past month, these levels have remained unbroken. Gold has been trading marginally. Today, the Gold price has been rising to retest […]
Goldman Sachs has announced that it will be offering its private wealth management clients exposure to Bitcoin (BTC), Bitcoin derivatives, other cryptocurrencies, and traditional investment vehicles. The bank noted that the new investment option would be available to its wealthy customers in the next three months. Clients will get educated about blockchain technology and the […]
AUDUSD Price Analysis – April 1 The AUDUSD pair plunges to the 4th day in a row low on Thursday after buyers repeatedly failed to breach beyond the MA 13 barrier around the mid 0.7600 level. The pair extends losses to 0.7531 low level as the upbeat US economic outlook capped gains for the AUDUSD […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY has continued its upward move. Presently, the Yen has risen to level 110.96. The uptrend is reaching bullish exhaustion. On March 10, a retraced candle tested the 78.6% Fibonacci retracement level. The retracement implies that the Yen will […]
Uniswap Price Analysis – April 01 In case the resistance level of $29 do not hold, the resistance level of $34 and $39 may be tested. If the resistance level of $29 hold, the price will continue its bearish trend towards the support level at $24, $21 and $17. UNI/USD Market Key Levels: Resistance levels: […]
Key Resistance Levels: $0.09, $0.10, $0.11Key Support Levels: $0.03, $0.02,$0.01 DOGE/USD Long-term Trend: RangingDOGE price is in a sideways trend. The crypto has been fluctuating between $0.040 and $0.060. DOGE price is characterized by small body candlesticks namely Doji and Spinning tops. These candlesticks indicate that buyers and sellers are undecided about the direction of […]
PayPal and Visa have revealed plans to encourage the use of cryptocurrency on their platform, thereby demonstrating to traditional financial institutions how to handle the infamous volatility that comes with this asset group. PayPal announced that it has a new cryptocurrency utilization service, Checkout with Crypto, which allows customers to make purchases from millions of […]
January was a good month for the Canadian economy. Despite tightening public health restrictions in Ontario and Quebec, the recovery has strengthened, reflecting the growing resilience of the economy to the pandemic. With Statistics Canada forecasting continued growth in February, the first quarter of 2021 will be very good for Canada. Overall GDP rose 0.7% […]
