Skip to content NGC/USD 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 resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
Emerging Descending Triangle pattern in its final wave was identified on the LTCUSD 4 hour chart. After a strong bearish run, we find LTCUSD heading towards the upper triangle line with a possible resistance at 106.3685. If the support shows to hold, the Descending Triangle pattern suggests a rebound back towards current levels.
The movement of XAUUSD towards the support line of a Triangle is yet another test of the line it reached numerous times in the past. This line test could happen in the next 10 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current […]
BTCUSD is heading towards a line of 107416.2578. If this movement continues, the price of BTCUSD could test 107416.2578 within the next 2 days. 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.
BRN/USD has broken through a line of 67.2735 and suggests a possible movement to 66.5176 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
For new traders, the first encounter with a trading platform can often feel like stepping into the cockpit of an
Anyone who ventures into online investing understands that trading has an inherent risk. That first trade is nerve-wracking, no matter how prepared you think you are. Many brokers focus only on the tools their clients need to execute trades efficiently – often neglecting to help clients, especially new traders, understand the choices surrounding a sound […]
What do online trading and sport have in common? At first glance, the world of online trading and the realm of sports might seem like distant relatives. Yet, they share a DNA beyond the surface level. They are both arenas where strategy, psychology, and performance intersect in the pursuit of victory. Once you start exploring […]
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 […]
