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.
Barely two days after safe-haven metal touched down on a 2 week low due to the progress made in the trade talks between two top economies, US and China, Gold is steadily regaining momentum as it traded at $1,459.10 per ounce as against last Tuesday price of $1,450.30. Earlier on in the week, the trade […]
GBPJPY Price Analysis – November 27 Against the pound sterling, the Japanese yen has recently experienced a decline in its net position. This briefly pushed the outlook for GBPJPY Sentiment to strengthen the position of buyers. As such, the combination of current sentiment and recent changes gives us a more contrasted GBPJPY trading bias. Key […]
Key Resistance levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Bullish XLM has ended its bearish run as the bulls defended the support at $0.055. Today, Stellar is in a positive move to revisit the previous highs. On November 10, the bulls attempted to break the $0.080 overhead resistance but were […]
In a recent interview with Forbes Clem Chambers, CEO of investment website ADVFN.com, said that the last time he checked, there were about 350 available crypto exchanges, but that these exchanges were dying off. CoinExchage.io. is the most recent casualty amongst exchanges. The fallen exchange announced that it was economically impossible for it to continue […]
Bitcoin’s Lightning Network has taken a big step forward as a prototype after the Lightning Labs’ Lightning Network Daemon (LND) was launched this week. This software serves as a tool for developers to begin the creation of Lightning apps (Lapps) for the everyday Bitcoin user. What Exactly is the Lightning Network? For a basic understanding, […]
USDCHF Price Analysis – November 26 The USDCHF reached a new daily high of the level at 0.9987 at the start of the European session but failed to maintain momentum as investors refrained from taking important positions pending further developments on the trade dispute between the United States and China. At the time of writing, […]
Key Resistance levels: $220, $240, $260 Key Support Levels: $160, $140,$120 BSV/USD Long-term Trend: Bullish Bitcoin SV is making a surprising upward move after surviving a downtrend from the overhead resistance at $150. The coin fell to a low of $92 and commenced a bullish move. The price upward move can be sustained if the […]
In the last two weeks, fresh updates from the trade talks between two macro economies, U.S and China have emerged. Firstly, the video conferencing call between Chinese Vice-premier, Liu He and two top U.S trade officials which were hailed as a constructive one. This came barely two days after reports speculated preliminary pact almost been […]
Cryptoeconomics has been defined by some as a discipline that studies rules that regulate the production, dispersion, and consumption of products in a decentralized digital economy. The fundamental principles governing Cryptoeconomics are cryptography and economics. Simply put, the combination of these two concepts is what forms Cryptoeconomics. Cryptography Cryptography is the method used in securing […]
