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.
Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Ranging The EUR/GBP pair is on an ascending Channel. Since the pair fell to level 0.86816, the market has been fluctuating between the levels of 0.87000 and $0.88000. The market has been range-bound between those levels in the last […]
Bitcoin recorded a strong downwards move on Saturday, which led the cryptocurrency to erase about $2,000 from the month’s high of $10,079. This decline was largely due to a selloff triggered by the 5-digit level ($10,000). However, Bitcoin has since recovered some of the loss. The selloff roused Bitcoin critics who had been quieted all […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bearish Ethereum has been trading above $200 after a rebound on May 7. However, the king altcoin suffered another setback after a breakdown yesterday. The coin dropped to $180 low but price corrected upward above $185. On the downside, ETH […]
After launching support for Tether gold last week, Alex Mashinsky announced Celsius plans to list more tokenized commodities. Alex Mashinsky, chief executive of pioneering decentralized finance, or DeFi, platform Celsius, and inventor of the voice-over-internet protocol, or VOIP, addressed the platform ‘s recent implementation of support for Tether Gold or XAU recently in the news. […]
In the past 24 hours, Bitcoin appears to have fallen off a cliff. The cryptocurrency giant fell right after it broke the $10,000 resistance to the $8,100 level, recording more than an 18% drop. The price of BTC dropped drastically, ignoring previously recorded support lines as it approached its new monthly low. According to a […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bullish US Wall Street 30 index is making a steady upward move. The price is making a series of higher highs and higher lows. Each higher high or higher low is greater than the previous one. […]
GBPUSD Price Analysis – May 10 Pound Sterling’s growth from low level 1.2266 on Thursday, May 7th may have amassed intensity with the GBPUSD stepping past level 1.2400. iThe pair tends to recover lost territory from the previous session into this week, with a reported intra-day high at 1.2467 regions backed by risk-on market sentiment and […]
GBPJPY Price Analysis – May 10 GBPJPY is making a rebound to push it back into the 135.76-132.58 range after falling to a 130.66 level of five weeks ago. Buyers, nonetheless, confront crucial solid barriers close to the region of 133.00, with the main moving averages only nearby. A collapse here may see the quote proceeding […]
Resistance Level: 7500, 7600, 7700 Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: Bullish Since the last bearish impulse at the low of 5000, price has been making a series of higher highs and higher lows. Today, the share is making a series of higher highs and it may surpass the previous high […]
