Skip to content What do online trading and sport have in common? At first glance, the world of online trading and the realm
In the dynamic domain of retail trading, where instruments like contracts for differences (CFDs) are prevalent, brokers play an instrumental role in the success of new, inexperienced traders. Despite controlling smaller sums than institutional investors, retail traders encounter significant risks. Brokers can decrease the steep learning curve by helping traders discern and embrace trading styles […]
In the world of trading, where billions of dollars are moved in milliseconds, the power of information cannot be overstated. Raw data and financial metrics are vital, but the views held by popular media often impact investment choices. The market perceptions shaped by news articles on companies and financial instruments are pivotal for traders. Let’s […]
In an era where global interconnectivity defines market dynamics, supply chain disruptions have become an increasingly important factor to consider in commodity trading. Stemming from various global events, these disruptions profoundly impact the flow and pricing of commodities. This article takes a brief look at these impacts, offering insights into navigating these challenges more effectively. […]
The finance sector, known for its dynamic and ever-evolving nature, is undergoing a significant transformation. As pivotal players in this domain, brokers play a crucial role in adapting to these changes to accommodate an evolving global mindset. Online brokerage firms provide the primary interface for retail traders; therefore, understanding and navigating these shifts is not […]
The first non-farm payroll report of 2023 in January drove markets higher as traders decided to recalibrate their holdings to sectors with heightened growth potential. This trader sentiment has been seen before, particularly during the COVID outbreak in February 2020 that sent the stock markets into a free fall. Whether scheduled or sporadic, news has […]
Risk analysis is as critical as market analysis for traders to make informed trading decisions. It helps them size each position adequately, set viable entry and exit points, and hedge risks. A brokerage that enables traders to seamlessly manage risks by embedding risk management within the trading environment enjoys multiple benefits, such as: – Improved […]
EURUSD is moving toward a level at 1.1676, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If EURUSD continues on its current trajectory, we may see it move toward 1.1676 […]
BRN/USD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through this line or a rebound to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 10 hours.
NGC/USD has broken through a line at 2.6840. If this breakout holds, we could see the price of NGC/USD move toward 2.7730 within the next 3 days. However, don’t be too quick to trade. It has tested this line many times in the past, so confirm the breakout before placing any trades.
BTCUSD has broken through the resistance line, which it has tested twice before. We have seen it retrace from this line before, so wait for confirmation of the breakout before trading. If this new trend persists, a target level around 77758.1200 may materialize within the next 3 days.
XAGUSD has broken through the resistance line of a Channel Down pattern and suggests a possible move to 75.4273 within the next 2 days. It has tested this line before, so it is prudent to wait for confirmation of the breakout before taking action. If the breakout is not confirmed, we could see a retracement […]
GBPJPY is about to retest a key horizontal resistance level near 215.7870. It has tested this level 4 times recently and may simply bounce off it, as it did last time. However, after so many attempts, it may be ready to start a new trend.
