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.
News coming from a crypto market research company, Arcane Research, remarks that Bitcoin’s trading volume has more than doubled in the past week. Based on the publication, Bitcoin’s 7-day average trading volume has increased by 125% just in the first week of 2020, with about $1.5 billion in trades recorded on the 8th of January […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish On January 10, after the bulls’ failure to break the resistance at $8,200, Bitcoin decides to fluctuate below the resistance. The coin fluctuates in a tight range of $8,000 and $8,200. The upward move has been temporarily […]
Key Resistance Levels: $22, $26, $30 Key Support Levels: $12, $8, $4 BNB/USD Price Long-term Trend: Bullish Binance Coin fell to the low of $12 and consolidated above it. After a while, the BNB commenced an upward move as the bulls break above the EMAs. The coin is expected to rise as the price is […]
The apex bank of China has just concluded the top-layer design and collective examination of its almost ready central bank-issued digital currency. According to a news release by Sina Finance on the 10th of January, the PBoC has finalized the layout of its CBDC and has created fitting principles and has also executed analysis and […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish In the last 48 hours, the bulls have shown strength as they continue to sustain prices in the bullish trend zone. On January 10, Bitcoin made a retest at $8,200 and pulled back. The coin now fluctuates […]
GBPUSD Price Analysis – January 12 The FX pair doesn’t display a concise predisposition, exiting around 1.3058 level for the third week straight. It exists in the narrowing triangle and proposes that GBPUSD can further dispel more energy at the lower boundary of the level in the exchanging range of 1.29-1.35 level. Key Levels Resistance […]
S & P 500 Price Analysis – January 12 The S & P 500 bounced to new all-time highs as the risk of an imminent US-Iran war declined after President Donald Trump announced that he was not anticipating additional retaliation. The S & P 500 hit a new all-time high during the prior session but […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, the bulls made an impressive move as the bulls reach a high of $8,400. The coin was resisted and the price retraced to a low of $7,800. The support is holding which was previously a resistance […]
EURJPY Price Analysis – January 10 After rising to levels of 121.75 / 80, the upward momentum in the FX pair has exhausted itself and is now trying to push the shallow amid the selling of the euro and increased demand for the safe-haven yen. Key Levels Resistance Levels: 124.31, 123.37, 122.65 Support Levels: 121.47, […]
