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.
According to Prime News, the Bank of Russia has announced that it is working on launching a prototype of its central bank digital currency (CBDC) and start piloting as early as the end of 2021. The new information got disseminated by Alexey Zabotkin, the Deputy Chairman of the Bank of Russia, in an online event […]
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. Today, the price is correcting upward and retesting the resistance at level 1740. In the previous downtrend on January 18; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates […]
Uniswap Price Analysis – March 11 In case the bears were able to push down the price below the $29 price level, and the daily candle closes below the support level, then, the support level at $24 and $21 may be reached. Failure to break down the support level at $29, the price may continue […]
Bitcoin (BTC) might leap from being a digital asset to a physical one. Noteworthy, a new US-based startup is working on creating the very first bitcoin-backed banknotes to give Bitcoin offline transaction features, which would make it more efficient and appealing for non-tech-savvy users. Noteworthy is a joint project by the former director of the […]
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. On March 8, the pair retested level 109.00 and was resisted. The price fell and resumed upward. On March 9 uptrend; a retraced candle body tested the 88.6% Fibonacci retracement level. The retracement […]
Key Resistance Levels: $0.09, $0.10, $0.11Key Support Levels: $0.03, $0.02,$0.01 DOGE/USD Long-term Trend: RangingDOGE has continued its range-bound move between $0.040 and $0.060. On March 8, the bulls broke the range-bound movement but the uptrend could not be sustained. The selling pressure pushed the price to the range-bound zone. Presently, DOGE is falling to the […]
The US dollar has risen over the past month and is currently expected to strengthen further. Further fiscal support in the United States, higher yields in the US, and a stronger US economic outlook are all favorable trends for the US dollar, which should lead to the continued strengthening trend of the US dollar in […]
In a filing with the SEC yesterday, JP Morgan Chase & Co. announced that it has set up a structured investment vehicle that gives its clients exposure to cryptocurrencies. The company explained that “the notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC,” adding that the payment is “fully and unconditionally guaranteed […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in an uptrend. On March 3 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that UKX will rise to level 1.272 Fibonacci extension and reverse. On March 9, the price action has […]
