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.
The large cryptocurrency platform Binance announced the inclusion of DigitByte in the list of its platforms. On Monday, June 22, Binance reveals that it will post DigiByte (DGB), an asset on the open-source blockchain and that users can start trading by 2:00 p.m. (UTC). Before this, Binance users can use DGB in their wallets before […]
Gold (XAU/USD) experienced a slight dip to the $1,742 level in the mid-European session today before jumping to fresh monthly highs just a few hours ago. This bull rally was primarily as a result of Friday’s break above the $1,730 pivot/supply level. This price boost is further underpinned by the bullish bias of technical indicators […]
EURUSD Price Analysis – June 22 The EURUSD pair is exchanging a bunch of pips beyond the 1.1200 level, barely higher daily. Currencies are in a wait-and-see position amid a meager macroeconomic calendar and minor action in the stock markets. Even though EURUSD is now looking to expand the recovery even farther north of the […]
Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: BearishEUR/CHF pair is in a downward move. The uptrend has been terminated as the market drops to level 1.06559. A correction candle body is testing the 0.786 Fibonacci retracement level. It indicates that the market will reach a low […]
XAGUSD Price Analysis – June 22 Silver (XAG) has charted a drastic shift as buyers take price further with the market sentiment reflecting a diminishing of fear among investors. Price recovered from the $17.63 range level and maybe hitting the previous highs this week, but traders should not expect a continuous run with some parts […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe EUR/GBP pair has resumed an upward movement. A bullish trend line is drawn which indicates the support levels of price. The market has risen and reached level 0.90728. The price is falling as it faces resistance at 0.90728. The […]
Gold (XAU/USD) gained significant bullish strength over the weekend and has peaked at $1,758 in the early European session on Monday on the back of a report by WHO which noted that there has been a record-breaking increase in new Covid-19 cases globally. This prompted investors to seek cover in safe-haven assets like gold. However, […]
The New York Federal Court convicted Robert Farkas, founder of Centra Tech, to jail. On Tuesday, June 16, the Department of Justice published a press release on Centra Tech. According to the report, Farkas “pleaded guilty to one count of the securities fraud conspiracy and one count of money fraud” before Judge James L. Cott […]
GBPUSD Price Analysis – June 21 The GBPUSD pair settled down at 1.2342 level for a second straight week, a fraction of pips beyond its monthly low at 1.2320 level. The pair dropped as the Retail Sales was better-than-expected, even though it still indicated a large decline. Although GBPUSD bearish slump may accelerate beneath the […]
