GBPJPY has broken through a resistance line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 192.0519 within the next 5 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
NGC/USD has broken through a resistance line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 3.6625 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 […]
Emerging Channel Up detected on S&P500 – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 5639.25 and it is expected to move to 5539.2319.
XAUUSD was identified at around 3222.83 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Falling Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 3163.4650 level.
The movement of ETHUSD towards 1843.4000 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.
EURUSD is heading towards the support line of a Channel Down and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
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 […]