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.
Popular brokerage app Robinhood has announced that it is working on making cryptocurrency deposits, including Dogecoin (DOGE/USD), possible for its users. According to a tweet from the company’s official Twitter handle yesterday, the brokerage noted that it “fully intends” to add the extra functionality to its system but failed to mention any specific date for […]
On Thursday, the GBP/USD pair found several aggressive bids and rose by about 150 points during the day. The emergence of new US dollar bears was seen as a key factor fueling the momentum. The disappointing release of US jobless claims data adds to the downward pressure on the US dollar. The dollar has come […]
Key Resistance Levels: $1,900, $1,950, $2,000Key Support Levels: $1.700, $1,650,$1,600 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) is presently in a downward movement. It fell to level 1785.526 and corrected upward. The upward correction was terminated at level 1855.455. The market has resumed its downward move. On February 4 downtrend; a retraced candle body tested […]
Anthony Scaramucci, the founder of Skybridge Capital, continues to be wildly optimistic about the prospects and performance of Bitcoin (BTC), as he now believes that the cryptocurrency could break the 6-digit barrier in 2021. The hedge-funder made his price prediction in a recent CNBC Squawk Box appearance after he got asked what his BTC price […]
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 is in an upward move. The uptrend has continued despite a pullback in February. On February 5 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the Yen will rise to level […]
AUDUSD Price Analysis – February 18 The AUDUSD pair is gaining upside traction against the US dollar from the prior days plunge to 0.7724 level. The Aussie opened higher at 0.7749 during Thursday’s European session but stays vulnerable under the 0.7800 level. Australia’s jobless rate dipped to 6.4% in January, versus expectations for a drop […]
Key Resistance Levels: $0.09, $0.10, $0.11Key Support Levels: $0.03, $0.02,$0.01 DOGE/USD Long-term Trend: BearishOn February 7, Dogecoin rallied to a $0.09 high. The bulls could not continue with the upward move as they were repelled. The crypto is retracing and has fallen to level $0.047. There are bullish candlesticks as the coin attempts to move […]
Uniswap Price Analysis – February 18 In case the bulls were able to push the price and close above the resistance level at $24, then, the resistance level at $27 and $30 will be the target. Inability to close above the mentioned resistance level may allow the sellers to push the coin towards $21, $17 […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 has continued the downward move. The share was resisted at level 6800 as price resumes a downward move. The downward movement will be accelerated if price breaks below level 6600 or the SMAs. The upward move will resume if […]
