Skip to content The breakout of XAUUSD through the 3291.6445 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, XAUUSD could test 3206.8474 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
USDJPY has broken through 142.7600 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, USDJPY may be heading towards 143.4939 within the next 21 hours.
GBPJPY is heading towards 190.6690 and could reach this point within the next 13 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
NAS100 is heading towards a line of 19358.1250. If this movement continues, the price of NAS100 could test 19358.1250 within the next 9 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
FTSE100 has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 8399.7202 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
A Channel Up pattern was identified on ETHUSD at 1806.97, creating an expectation that it may move to the resistance line at 1879.5176. It may break through that line and continue the bullish trend or it may reverse from that line.
The biggest challenge faced by brokers is client retention. About 40% of traders who register on an online platform leave
With 2022 close to an end, are you planning your marketing and client retention budget for 2023 yet? Make sure you include email marketing in your budget. Not sure if you want to tie up resources in email marketing? Here’s what you need to know. Small businesses are reaping the maximum benefits of email marketing, […]
As many as 89% of successful businesses say that providing assistive customer experiences is critical to their growth. That’s because a mere 5% increase in customer retention can boost profits by 25% to 95%. As many as 89% of successful businesses say that providing assistive customer experiences is critical to their growth. That’s because a mere […]
After a successful debut, the FinanceFeeds Podcast returns with an interview with Ilan Azbel, Founder and CEO of Autochartist, developer of the automated market analysis tools that identify market opportunities and alerts traders in real-time. Listen on SpotifyListen on Apple Podcasts, Google Podcasts and other platforms Ilan Azbel founded Autochartist in 2001 and currently focuses […]
The CBOE Volatility Index (VIX), which is considered the barometer of market volatility, spiked to an almost record high of over 65 in March 2020, in sync with the pandemic outbreak. Although the index declined through the rest of 2020 and in 2021, it surged more than 87% in the first half of 2022. VIX […]
As products eliminate geographical boundaries, the issue of multi language content becomes important. Trading platforms need to offer unambiguous and precise interfaces to users, with investment and regulatory information in local languages. The global community of market participants has seen exponential growth with the advent of online trading platforms with multi-device compatibilities. With evolving regulations […]
The online trading boom that started during the pandemic-led lockdowns is abating. This is in part due to sustained market volatility which seems to be discouraging new investors. For example, day trading volumes in the US for retail investors declined in the last 2 quarters of 2021. Brokers need to rethink their strategies to retain […]
