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: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Ranging On November 22, XLM fell to a low of $0.053 and commenced a sideways move. The downtrend was as a result of an unsuccessful attempt to break the $0.080 overhead resistance by the bulls. Today, XLM is still fluctuating above […]
The recent hack event targeted at Upbit serves as a reminder of just how risky it is storing your digital assets on an exchange. We will be looking at seven prominent hacks that happened to exchanges in 2019. 1- Cryptopia got disabled on the 15th of January after it learned about an infringement in security […]
GBPUSD Price Analysis – December 1 The pound had a positive prior week as traders anticipate to build the scenario for buyers to step in, and now it seems likely to continue on the upside. If we can exceed the crucial level on the level at 1.3012, it is likely that the pound sterling takes […]
In the last ten years, the market mood around Swedish krona has been morbid. Krona being the official currency of Sweden has been around since 1876 but banks’ predictions about the currency in the last ten years have been disheartening. The Swedish economy which has faced pressures arising from recession concerns and trade wars has […]
Key Resistance levels: $70, $80, $90 Key Support Levels: $40, $30, $20 XMR/USD Price Long-term Trend: Bearish The coin had been trading above $50 in October in a sideways trend. In November, Monero – Guide, Tips & Insights | Learn 2 Trade made a positive move and broke above the $60 price level. The bulls […]
Key Resistance levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish For the past 5 days, XRP is making a slow but steady upward move. On the first day, the price rose from $0.20 to $0.22 but the coin pulled back to $0.21. Today, the price has jumped above the […]
A new bill is being considered in Germany which could see banks become managers and merchants of Bitcoin and other altcoins by 2020. Based on a news release by Handelsblatt on the 27th of November, the bill now seeks approval from the 16 states in the country, now that it has been passed by the […]
The common European currency appreciated 25 basis points against the Japanese yen on Thursday, while finishing at the 120.54 level, earning 7 pips (0.06%) at low volume. A similar target for buyers may be near the upper side of the horizontal zone limiting at the level at 121.00. Key Levels Resistance Levels: 127.52, 123.37, 121.47 […]
While the week is drawing to a close, let’s take a look at the currencies, market influencing stats released and those already due out with the impacts created. Geopolitics The UK upcoming election has been in focus with a YouGov poll predicting a majority win for conservatives. Earlier on today, any update on the opinion […]
