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.
The U.S. dollar flexed its muscles against the euro and the yen on Thursday, reaching a one-month peak against the Japanese currency. This surge followed the release of inflation data by the U.S. Bureau of Labor Statistics, defying market expectations and throwing the Federal Reserve’s interest rate cut plans into uncertainty. The Consumer Price Index […]
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Buyers’ momentum getting stronger SPONGEUSDT Price Analysis – 11 January If the price breaks over the $0.000577 level, bullish momentum will pick up steam and drive Sponge back to the $0.000695 and $0.000886 barrier levels. Moreover, a more robust positive growth can push the price beyond $0.000886. SPONGEUSDT Market Key levels: Resistance levels: $0.000577, $0.000695, […]
The U.S. market welcomed the commencement of trading for the first-ever Bitcoin exchange-traded funds (ETFs) on Thursday. This marks a pivotal moment for the cryptocurrency sector, which has been striving for regulatory approval for such financial products for more than a decade. Investors can now tap into the digital asset without the need to directly […]
Price awaiting a breakout SILVER Price Analysis – 11 January If there is strong selling pressure, a lower price breach of $22 would target the $20 and $21 region. If buyers can hold the $22 price level and the $23 resistance level is broken, Silver may rise and test the $24 and $25 resistance levels. […]
Buyers are still defending the support at the $0.006820 price level. This has resulted in price action climbing further upwards through the $0.007500 price level. There are indications that more profits will be recorded in this market since momentum seems fairly strong. Key Tamadoge Statistics on January 11, 2024: TAMA Price: $0.007510 Tamadoge Market Capitalization: […]
Bulls may dominate Uniswap market Uniswap Price Analysis – 11 January If the buying pressure continues over $7.1, the resistance levels of $7.9 and $8.2 can be entirely shattered. The price levels of $5.7 and $4.9 will be put to the test if sellers are successful in pushing the price below the $6.4 support level. […]
Key HighlightsSolana tackles the barrier at $104Solana’s range is likely to persist Solana (SOL) Current StatisticsThe current price: $99.81Market Capitalization: $56,745,101,996Trading Volume: $4,406,859,430Major supply zones: $80, $90, $100Major demand zones: $40, $30, $20 Solana (SOL) Price Long-Term Prediction: BullishSolana (SOL) is still stuck between the moving average lines as it challenges the barrier at $104. […]
Market Analysis – January 9th US30 bulls Hanging on a thin balance as sellers gain momentum. The bulls in the US30 market may have exhausted their strength and are currently hanging on a thin balance. After trading above the significant zone of 37000.000, the bulls have entered a consolidation phase. However, sellers are putting in […]
The Japanese yen experienced a sharp decline against the US dollar on Wednesday, nearing its January 5 low. This decline comes on the heels of the latest data revealing persistently stagnant wage growth in Japan throughout November, dashing hopes of some investors anticipating a tightening of monetary policy by the Bank of Japan (BoJ). Official […]
