A Rising Wedge pattern was identified for NGC/USD at 5.0025, suggesting it may move toward the resistance line at 5.0378. It may break through that line and continue the bullish trend, or reverse from it.
The movement of NAS100 toward the resistance line of a Rising Wedge is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 6 hours, but it is uncertain whether it will result in a breakout through this line or simply […]
ETHUSD has broken through a level at 3075.0200, suggesting a possible move to 3253.4170 within the next 3 days. It has tested this level numerous times in the past, so you should wait for confirmation of this breakout before taking any action. If the breakout does not confirm, we could see a retracement back to […]
USDJPY is heading toward the resistance line of a Triangle pattern and could reach it within the next 2 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back to […]
XAUUSD has broken through a level at 4192.1299, suggesting a possible move to 4162.2744 within the next 12 hours. It has tested this level numerous times in the past, so you should wait for confirmation of this breakout before taking any action. If the breakout does not confirm, we could see a retracement back to […]
S&P500 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 16 days and may test it again within the next 3 days.
Congratulations! You have a new trader signed up for your demo account. However, this is only the first small step
Financial reporting is a crucial requirement for regulated brokers. However, creating and distributing unique content is extremely resource-intensive, leaving many brokers unsure whether it is worth the ROI. But what if brokers could access unique, actionable content at a fraction of the cost? There are several challenges brokers face when producing unique content for their […]
BAZIL DE BRUYN, GLOBAL HEAD OF PRODUCT AT AUTOCHARTIST Q1. We understand Autochartist has created some new exciting partnerships in the Middle East, specifically your partnership with one of the largest Stock and CFD Platform providers – how is this impacting brokers in the region? This partnership echo’s what Autochartist has been doing throughout the […]
Since the SNB Black Swan Event of 2015, many brokers have changed their own risk management approach, moving to either a B- or C-book method. Unfortunately for traders, this approach hinges on trader failure for broker success. As a result, many brokers neglect trader risk management, preferring to take one-off profits over helping traders grow […]
It has been a tough few years for the capital markets. Covid-19 led to mass unemployment, reduced economic activities, surges in inflation, supply-chain crises, and uncertainty surrounding policy to name a few. The result has been intermittent and unpredictable bouts of high volatility in the financial markets. In 2020, record trading volumes and persistently high […]
As we commence 2022 we reflect on the year we leave behind and look forward to the possibilities of the year ahead. To get a better understanding of the events that shaped 2021 we spoke to CEO and Industry expert Ilan Azbel. We revisit what some might describe as an uncertain, yet interesting year and […]
There’s a rather embarrassing story of Hillary Clinton giving the Russian Foreign Minister a gift that represented a “resetting” of the relationship between the US and Russia. However, the translation of “reset” in Russian became “overcharge” leaving Clinton in an embarrassing situation. While not all translation errors have as extensive consequences as Clinton’s faux pas, […]
