A Channel Up pattern was identified on S&P500 at 6278.43, creating an expectation that it may move to the support line at 6261.2861. It may break through that line and continue the bearish trend or it may reverse from that line.
XAGUSD has broken through 36.9301 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, XAGUSD may be heading towards 37.4388 within the next 3 days.
EURUSD is moving towards a key resistance level at 1.1790. EURUSD has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
The movement of NAS100 towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
A Channel Up pattern was identified on GBPJPY at 199.141, creating an expectation that it may move to the support line at 198.3285. It may break through that line and continue the bearish trend or it may reverse from that line.
Emerging Channel Up pattern in its final wave was identified on the ETHUSD 4 hour chart. After a strong bullish run, we find ETHUSD heading towards the upper triangle line with a possible resistance at 2901.7000. If the resistance shows to hold, the Channel Up pattern suggests a rebound back towards current levels.
The movement of NGC/USD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
As 2022 winds down, Founder and CEO of Autochartist, Ilan Azbel takes a look back at the year and talks
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 […]
The biggest challenge faced by brokers is client retention. About 40% of traders who register on an online platform leave within a month. The biggest challenge faced by brokers is client retention. Reportedly, about 40% of traders who register on an online brokerage platform leave within a month. In fact, 80% quit in the first two years […]
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 […]