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.
Market Analysis – May 29 The GBPUSD currency pair is approaching a pivotal point. It has reached the resistance trendline of a large symmetrical triangle pattern on the daily chart. Multiple technical indicators suggest a potential bullish breakout is imminent. This signals a continuation of the upward trend. GBPUSD Long-Term Trend: Bullish Over the past […]
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Sellers may dominate USDCHF market soon USDCHF Price Analysis – 31 May If the buying momentum can sustain above the $0.91 resistance level, the price can break past $0.92 and approach the $0.93 barrier levels. If sellers exert enough pressure, they can drive USDCHF past $0.90 and into the $0.89 and $0.88 zones. USDCHF Market […]
Indecision between buyers and sellers in BNB Market BNBUSD Price Analysis: 31 May Buyers may be able to challenge the $647 and $686 resistance levels if they can breach the $622 resistance level and hold onto the $572 support level. BNB will test the prior lows of $545 and $516 if it breaks below the […]
During the previous session, the IOTXUSDT market recorded a considerable upside correction off an important technical indicator. Today’s trading session has started with an extension of that move. Consequently, it appears that more profits may still be recorded in this market at this point. IoTeX Statistics: Current IOTX Value: $0.06002 IoTeX Market Cap: $561,059,640 IoTeX […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Price Forecast – Expert Analysis & Trading Tips | Learn 2 Trade – Expert Analysis & Trading Tips | Learn 2 Trade: May 31 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast is for a potential increase in […]
Market Analysis – May 30, 2024 The US 30 experienced a significant downturn after approaching the 39986.0 supply zone. This level, historically a point of resistance, saw bears assert dominance, leading to a notable price drop. This pattern mirrors the decline observed in the previous month, reinforcing the supply zone’s impact on market movements. Key […]
Market Analysis – May 28 The FTSE 100 index is experiencing a retracement from the recent resistance level of 8500.0, directing attention toward a bullish order block at the 8120.0 demand level. This zone is gaining prominence as a significant Point of Interest (POI) for the best forex signals telegram communities seeking confirmatory cues for […]
Asset management giant BlackRock has filed paperwork with the SEC to amend its proposed spot Ethereum ETF following the recent approval for ETH ETF listings. This comes on the heels of the successful launch of several Bitcoin ETFs earlier this year. BlackRock filed an amended S-1 form for its proposed spot ether (ETH) exchange-traded fund […]
Silver market may commence a bearish trend SILVER Price Analysis – 30 May If there is significant buying activity, a price breach of $32 level, it would try to get into the $33-34 range. Silver may drop and test the $29 and $28 support levels if sellers are able to hold the $32 price level […]
