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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.

FTSE 100 (UKX) Is in a Downtrend, a Drop to Level 6633.60 Likely

Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is retracing after rejection from the recent high. The share has retraced to level 6735.70. There is a likelihood of further downward move. The RSI is in the uptrend zone at level 58. UKX is likely to retrace to […]

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NZD/USD Is in a Downtrend, May Reach the Low of 0.6979

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi has resumed a downward move after rejection from level 0.7300. The pair fell to level 0.7100 and corrected upward. The downward move has resumed after breaking below level 0.7200. The price has broken below 21-day SMA and a […]

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Bitcoin Slides by $3k as Bulls See Massive Liquidations

The cryptocurrency industry is taking no breaks in its erratic moves. The past few weeks are testimony to this fact. Over the past few hours, Bitcoin (BTC)—and many altcoins—have recorded yet another erratic session, leading to significant liquidation across the board. Reports show that about $400 million worth of both long and short positions have […]

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Chainlink (LINK) Price Analysis: LINK Surges Ahead, Targets the High of $26

Key HighlightsThe crypto has a target price of $26The bulls have broken the resistance at $17 Chainlink (LINK) Current StatisticsThe current price: $19.75Market Capitalization: $19,637,590,383Trading Volume: $6,365,489,134Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis January 15, 2021Chainlink has made a positive move as it rallied to $21. Today, […]

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Oil Market To Consolidate Gains As Upside Momentum Eases

Range trading continued today in oil markets, with WTI content consolidating price gains near the highs of recent ranges. A neutral day for the US dollar saw buyers come back again, leading to a slight increase in prices overnight. The rebound in WTI oil stopped near Wednesday’s high of $53.93. Bouncing up Thursday from $52.24, […]

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