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 8 AUDJPY witnessed a sudden price decline subsequent to reaching the resistance level of 105.00. The presence of a wick on the candle’s body, extending into the supply zone, signified sensitivity and rejection. Subsequently, the market experienced a dip to 100.0, where the price found support, thereby reaffirming its bullish stance. […]
In a bid to bolster tax compliance, the Australian Taxation Office (ATO) has set its sights on the burgeoning cryptocurrency market. The ATO recently announced plans to gather personal and transaction data from approximately 1.2 million users of cryptocurrency exchanges, aiming to identify individuals who may have evaded their tax obligations related to crypto trades. […]
SPONGEUSDT market under bulls control SPONGEUSDT Price Analysis – 07 May If the bulls can break above the $0.000358 resistance level, Sponge might increase as far as $0.000400 and $0.000455, respectively. If the bulls are unable to hold onto their gains and break above the $0.000358 mark, the price of the cryptocurrency may suffer a […]
EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair has risen above the moving average lines as it recovers above level 165.57. During the last price activity, the Yen was in an uptrend and soared to a level of 171.58. The currency pair fell […]
Quant Price Forecast: May 5 The Quant price forecast is for more periods of consolidation in the market before the buyers gain momentum for a breakout. Quant Long-Term Trend: Bullish (1-day Chart) Key Levels: Zones of supply: $117.60, $142.10 Zones of Demand: $95.80, $87.60 Quant was plunged into a consolidation zone between key levels. The […]
WIF’s explosive growth triggers a bullish frenzy among investors. Investors are thrilled by dogwifhat’s (WIF) impressive ascent in the Solana ecosystem. Since its November 20th, 2023, debut, WIF has skyrocketed by nearly 3,000%, outshining memecoins like Shiba Inu and Pepe Coin. With a current valuation of $2.107 billion and 998,920,173 WIF tokens circulating, WIF’s future […]
Buyers gain more pressure in S&P 500 market S&P 500 Price Analysis – 07 May If the $5108 level holds, the S&P 500 can rise and split into the resistance levels of $5199, $5264, and $5344. The price will be exposed to the support levels of $5054 and $4968 if the $5108 support level fails. […]
Render Network (RNDRUSD) is witnessing a bullish market surge due to its pivotal role in rendering services and Artificial Intelligence (AI). As the primary currency within the Render Network, the RNDR token facilitates rendering payments and incentivizes GPU contributions, enhancing its value proposition. Exploring $RNDR: The Powerhouse Token Driving the Decentralized Render Network’s AI Potential […]
Arbitrum Price Forecast – May 6 The Arbitrum price forecast is for the buyers to push upward after staunchly defending the $0.995 Support level. Arbitrum Long-Term Trend: Bullish (1 Day Chart) Key Levels: Zones of supply: $0.1550, $$2.1200 Zones of Demand: $0.9950, $0.7660 The Arbitrum market is holding strongly above the 0.995 demand level. There […]
