Skip to content BTCUSD is approaching a resistance line at 113610.0234. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
XAUUSD is heading towards the support line of a Channel Down. If this movement continues, the price of XAUUSD could test 3300.9507 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
EURUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1.1578 may materialize within the next 2 days.
FTSE100 is heading towards the resistance line of a Rising Wedge and could reach this point within the next 11 hours. 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 […]
ETHUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 12 days and may test it again within the next […]
GBPJPY is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 200.0190, unless it runs out of momentum and pulls back to current levels.
XAGUSD has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 37.2208 within the next 20 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
It’s a brave new world, where traders don’t hesitate to shift brokers in search of better trading experiences. How do
Take advantage of the opportunities and make sure that your clients know about them first. It’s been almost two years since the pandemic entered our lives and changed the way we live and work. During this period we have had our ups and downs but the light is now finally visible at the end of […]
By Ilan Azbel, with the help of Jingwei Li.I have encountered a number of stock, currency and futures broker websites that are promoting what I call “signal grids”; a grid of technical indicators trying to tell traders whether to buy or sell an asset. For example: In this grid every column represents a type of […]
llan Azbel, CEO and Founder of Autochartist, has over 20 years experience in technology, 15 years in the financial markets and an academic background in mathematics, computer-science and engineering. Hi Ilan, thank you for joining us today. With Amazon, Tesla and Apple blowing-up the media daily, everybody would love the opportunity to purchase Stocks and I […]
Developing a proprietary trading platform can be an expensive and exhausting investment. However, we are seeing that brokers who choose this path are reaping the rewards. As the industry matures, so do the technological service providers. As a result, we see an upward trend in brokers building their own platforms or starting the process of […]
Ilan Azbel, CEO and Founder of Autochartist, has over 20 years of experience in technology, 15 years in the financial markets and an academic background in mathematics, computer science and engineering. Hi Ilan, thank you for joining us today. It has been over a year now since you officially launched your ‘Automated Social Media’ product. […]
There has been a lot written about the recent massive influx of retail traders in the financial markets. However, what hasn’t been discussed is the rise in the number of brokers operating in the space. This has created an intensely competitive and noisy space, where standing out in the crowd can be a herculean task. […]
