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.
USDWTI Price Analysis – February 7 WTI is expanding its rally after recovering from a 13-month low of $ 49.42 to its second consecutive day on Friday, while buyers are cautious amid widespread risk aversion caused by the growing fear of Chinese coronavirus internationally. The price of a barrel of WTI seems to have cut […]
AUDUSD Price Analysis – February 7 The Australian dollar versus the US dollar continues to lose and attack the support area of 0.6700 level in the European session, as the optimistic data report failed to salvage the bulls on the Australian dollar. The tone of market risk also failed to ignore the challenges facing the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Following a week of range-bound movement between $9,200 and $9,600; the bulls finally broke the resistance at $9,600. Bitcoin is now trading above $9.700 at the time of writing. As the bulls break the upper price range; […]
A member of the US Fed’s board of governors has indicated that the establishment has adopted a more accommodating stance towards central bank digital currencies unlike in the past. Lael Brainard, who is the chair for numerous Fed committees, made this statement at a symposium hosted at the Stanford Graduate School of Business on the […]
Key Resistance Levels: $275, $300, $5 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Bitcoin Cash is still in an uptrend as the coin reaches a high of $450. BCH is retracing from the recent high after resistance. The $450 resistance level was the historical price level of May 2019. The bulls […]
GBPJPY Price Analysis – February 5 Buying sentiment around the British Pound increased slightly during the early European session on Wednesday, while the British Pound rose versus the Japanese Yen beyond the 143.00 level, or near the two-week highs in response to the upbeat UK macroeconomic data. Key Levels Resistance Levels: 148.66, 147.95, 144.60 Support […]
XAUUSD Price Analysis – February 5 Gains in stock markets put the gold price under control. Precious metals are declining for the second day in a row. Notwithstanding financial specialist anxieties about the effect of the Coronavirus, stocks clutched gains. The fall additionally came in the midst of the trading of the US dollar on […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging On February 4, Bitcoin survived the downward move as the coin rebounds after falling to the low of $9,100. For some time, the bulls and bears tussle with the price between the low of $9,200 and the […]
ConsenSys, a prominent blockchain-based company founded by the co-founder of Ethereum Joseph Lubin, has successfully acquired a US-based broker-dealer company, Heritage Financial Systems. Heritage, a broker-dealer listed with the US SEC was acquired by ConsenSys’ broker-dealer subsidiary, ConsenSys Digital Securities. The information was publicized by ConsenSys’ financial subsidiary Codefi on the 4th of February. New […]
