Skip to content The first non-farm payroll report of 2023 in January drove markets higher as traders decided to recalibrate their holdings to
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 […]
The latest report on the Cryptocurrency Market Growth & Trends by Grand View Research predicts that the global crypto market will reach $11.71 billion by 2030, growing at a CAGR of 12.5% from 2023 to 2030. With major digital currencies, such as BTC, ETH, and LTC, all seeing significant gains in the first three months of […]
“If you’re going to be in this game for the long pull, which is the way to do it, you better be able to handle a 50% decline without fussing much about it.” This trading mantra, given by Charlie Munger, helps put market fluctuations into perspective. But traders may get nervous when there are steep […]
Technical advancements and the integration of customised trading solutions within mobile applications have helped retail trading soar since 2020. As a result, the online trading market is projected to hit $18.4 billion, growing at acompound annual growth rate of 7.8% between 2022 and 2031. A surge in cloud-based trading solutions and AI-powered robo- advisory are key drivers […]
The one thing in common among all traders is that they want to make informed decisions. But that’s where the similarity ends. Every trader has a different requirement for information, simply because their trading strategies, portfolio of assets, preferred time of trading, experience level, financial goals, risk appetite, and trading mindset are different. So, how […]
The growing influx of millennials into the financial markets presents a massive opportunity for brokers. It is important not just to attract new traders but to retain them too. Millennials form the majority of online traders at 58% globally. Millennials are also the generation that prefers taking active control of their finances. The growing influx of […]
An emerging Triangle has been detected on XAUUSD on the 4 hour chart. There is a possible move towards 3940.4963 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
Emerging Channel Down detected on BRN/USD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 64.609 and it is expected to move to 65.0437.
This trade setup on ETHUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 3290.8136.
An emerging Channel Down has been detected on GBPJPY on the 4 hour chart. There is a possible move towards 201.6560 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
The movement of NAS100 towards 26128.1992 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
USDJPY is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
LTCUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 86.1038 may materialize within the next 6 hours.
