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.
Bitcoin is going through its very first global economic crisis and it is doing exceptionally well. The Coronavirus pandemic has forced governments and apex banks around the world to take extreme measures in cushioning the effects of the prevailing crisis on the global economy. It is recorded that over $8 trillion has been spent in […]
USDCHF Price Analysis – May 19 USDCHF posts a slight gain of about 0.10 percent after flickering as a quote at 0.9724 level amid early Tuesday’s session. The pair exchange within a triangle in a consolidation bout while anticipating a breakout. The widespread uncertainty in the USD does seem to encourage USDCHF to trade sideways. […]
S&P 500 Price Analysis – May 19 S&P 500 is projected to expand its rebound to level 3000, with fresh sellers at the upper edge anticipated. Although the lockdowns started to ease globally, the U.S. also lifted investor sentiment. Over the weekend, Federal Reserve Chairman Jerome Powell said the central bank had reserves to stimulate […]
Key Resistance Levels: $0.30, $0.40, $0.45Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: BullishYesterday, the bulls made a failed attempt to breach the $0.20500 resistance level. The crypto is now on the downward move after being resisted. Since the last breakdown on May 10, the upward move has been restricted below $0.20500 resistance. The […]
Andreessen Horowitz (A16z), a California-based venture capital company, forecasted on Friday that creative startups and ventures will contribute to yet another development phase in cryptocurrency. Through an official press release titled “The Crypto Price-Innovation Phase,” Andreessen Horowitz discusses how the last three bull cycles, along with the increasingly unpredictable trend, have come about. Predicated on […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is in an uptrend. It is presently rising from its low of level 10161and approaching level 11000. On the upside, if the bulls break above level 11000, the market will rally above level 11500. It other words, […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is in an uptrend. It is presently rising from its low of level 10161and approaching level 11000. On the upside, if the bulls break above level 11000, the market will rally above level 11500. It other words, […]
As the post-halving tension eases, there appears to be a lot of changes in the Bitcoin mining dynamics which has subsequently affected the rest of the industry. Talks about a previously unknown China-based mining pool dominating the mining sector have been making rounds lately. Lubian has popped up—seemingly out of nowhere—and is now ranked as […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair was earlier in an uptrend as the market reached a high of level 0.94000. At the peak price of 0.94000, the market reached the overbought region. Sellers emerged to push prices downward. The market fell to level […]
