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.
Bitcoin (BTC) has had an erratic trading session over the past 24 hours, as bulls and bears battle for dominance. At the moment, bears appear to be in control following the sharp 6% correction that befell Bitcoin recently. Bulls began the week on a steady footing following several favorable fundamental factors that sparked optimism among […]
BNBUSD Price Analysis – March 19 There is a possibility for the price to break out at the support level of $254 which may lead to further price decrease to $196 and $142. In case the support level of $254 holds, continuation of upward movement is possible, resistance levels of $311, $364 and$450 will be […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishThe GBP/JPY is in a smooth uptrend. The uptrend has been characterized by small body candlesticks. Yesterday, the price retraced to level 151.45 low as the market commenced the resumption of the uptrend. The pair is already in the overbought […]
Key Resistance Levels: $40, $42, $44Key Support Levels: $30,$28,$26 Polkadot (DOT) Price Long-term Trend: RangingFor the past month, DOT has been in range-bound movement because of rejection at the recent high. The cryptocurrency is facing rejection at the $40 high. The crypto is fluctuating between $28 and $40. DOT will resume an uptrend if the […]
The GBP/USD failed, once again, to scale the 1.4000 resistance and has fallen to the 1.3900 area, indicating that Wednesday’s post-dovish FOMC monetary policy effect on the market has worn off. The decline is getting its drive by the broad recovery of the US dollar, which is getting boosted by soaring US bond yields. The […]
Key Resistance levels: $0.065, $0.070, $0.075Key Support Levels: $0.045, $0.040, $0.035 TRX/USD Long-term Trend: Ranging TRON price is correcting upward after the breakdown on February 23. The upward move is facing resistance at $0.055. If price breaks the current resistance, the altcoin will rise to retest the high of $0.065. On the other, if the […]
Key Resistance Levels: 0.8000, 0.8100, 0.8200Key Support Levels: 0.7700, 0.7600, 0.7500 AUD/USD Price Long-term Trend: BullishThe AUD/USD pair is in an uptrend. The uptrend is facing resistance at level 0.8000. On February 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the price will rise to level 2.618 […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold is presently in a downward move. The current downward move was a rejection from $1,950. On March 8 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that Gold is expected to fall to […]
Cardano (ADA) has come into the spotlight following Coinbase’s announcement that it plans on listing the cryptocurrency on its retail platform, which triggered a +30% spike in the cryptocurrency. Before the news release, ADA had been trading in a sideways momentum for more than two weeks. That said, the third-largest cryptocurrency will become one of […]
