The latest report on the Cryptocurrency Market Growth & Trends by Grand View Research predicts that the global crypto market
“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 […]
As 2022 winds down, Founder and CEO of Autochartist, Ilan Azbel takes a look back at the year and talks about his expectations for 2023. Founder and CEO of Autochartist, Ilan Azbel, is a visionary. He foresaw the need for brokers to support traders in making informed decisions through robust technical analysis as far back as […]
Today, brokers need to offer the latest technological advances and tools for decision making to empower traders, retain them and motivate them to make redeposits. Sustaining in-house expertise is not only expensive but involves complex management and collaboration logistics that can derail your brokerage from its business goals. Outsourcing can come to the rescue, improving […]
USDJPY is moving toward a level at 152.5530, 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 USDJPY continues on its current trajectory, we may see it move toward 152.5530 […]
An emerging Triangle has been detected on ETHUSD. The pattern has not yet broken through support, but the price is expected to move up over the next few hours. At the time the pattern was found, the price was 2003.25, and it is expected to move to 2070.8748.
The movement of BRN/USD toward the resistance line of a Rising Wedge is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 7 hours, but it is uncertain whether it will result in a breakout through this line or simply […]
FTSE100 is moving toward a resistance line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If FTSE100 continues on its current trajectory, it could reach 10561.4969 within the next 19 hours.
XAGUSD is heading toward the support line of a Falling Wedge pattern and could reach it within the next 2 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]