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 Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: Bearish The Loonie is on a downward move. The downtrend was a result of the rejection at 1.2850 High. The pair fell to level 1.263 and corrected upward. The upward correction also faced another rejection at 1.2750. Nonetheless, the […]
The dollar recovery gains traction in early US trading, boosted by stronger-than-anticipated retail sales data. The Canadian dollar is the second strongest today amid a renewed rally in oil prices. On the other hand, the euro is experiencing sharp sell-offs along with the Swiss franc and pound sterling. The yen is showing mixed performance, awaiting […]
Bitcoin SV Price Analysis – February 17 When the resistance level of $259 holds, the price may change the direction towards the following support levels; $217, $179, and $153. BSV/USD Market Key Levels: Resistance levels: $259, $311, $364 Support levels: $217, $179, $153 BSV/USD Long-term Trend: Bullish The market of BSV/USD opened at $238.63 and […]
Cardano (ADA), the tenth-largest cryptocurrency, has recently released the date for its long-anticipated Hard Fork Combinator (HFC) event termed “Mary.” According to the founder of the project, Charles Hoskinson, the network upgrade will occur on March 1, after a satisfactory developer checks and quality assurance result on the HFC on February 24. Hoskinson noted that […]
S&P 500 Price Analysis – February 17 The S&P 500 started the day sharply lower while pointing losses at the open and struggling to stay beyond the 3900 levels. As of writing, the S&P 500 was down 0.8% on the day at 3,901. Despite upbeat data published by the US Census Bureau on January retail […]
Key Resistance Levels: $0.65, $0.70, $0.85Key Support Levels: $0.30, $0.25,$0.20 XLM/USD Long-term Trend: BullishStellar is in an uptrend as it reached a high of $0.60. The crypto was resisted at the recent high as price retraced and found support above $0.45. The upward move will resume if the current support holds. However, the downtrend will […]
The ongoing SEC vs. Ripple debacle has sown a seed of mistrust in the hearts of many investors against holding XRP. Ripple’s former CTO, and co-founder, Jed McCaleb, is leading the charge and has been offloading his Ripple (XRP) holding at a steady rate. McCaleb, alongside Chris Larsen and Brad Garlinghouse, co-created and founded Ripple […]
Key HighlightsEthereum is retracing and may find support above $1,700The bulls failed to break above the peak price of $1,874 Ethereum ETH) Current StatisticsThe current price: $1,749.39Market Capitalization: $199,631,257,252Trading Volume: $33,419,610,063Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis February 17, 2021 Ethereum bulls have failed to attain the […]
EUR/USD closed the first day of the week with little change and gained momentum during the European session on Tuesday. However, having touched the highest level in three weeks at 1.2170, the pair reversed its course and turned negative during the day. The euro is showing slight losses, and now the EUR/USD pair is trading […]
