An emerging Triangle has been detected on USDJPY on the 15 Minutes chart. There is a possible move towards 147.9978 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
A Rising Wedge pattern was identified on S&P500 at 6629.82, creating an expectation that it may move to the resistance line at 6647.5525. It may break through that line and continue the bullish trend or it may reverse from that line.
BRN/USD moved through the resistance line of a Triangle at 67.55997435897437 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 69.3832.
FTSE100 is approaching the support line of a Channel Up. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 14 hours.
Emerging Rising Wedge detected on XAGUSD – 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 42.72075 and it is expected to move to 42.8930.
ETHUSD has broken through a line of 4646.8701. If this breakout holds true, we could see the price of ETHUSD heading towards 4715.0781 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any […]
A Channel Up pattern was identified on GBPJPY at 200.3795, creating an expectation that it may move to the resistance line at 201.0890. It may break through that line and continue the bullish trend or it may reverse from that line.
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 […]