Skip to content The price of GBPJPY is heading back toward the support area. It may struggle to break through and could reverse direction. The price may eventually break through, but it typically retreats from the level several times before doing so.
A Triangle pattern was identified for LTCUSD at 55.57, suggesting it may move toward the resistance line at 56.2264. It may break through that line and continue the bullish trend, or reverse from it.
XAUUSD has broken through a support line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 9 days, which suggests a possible target around 4977.4375 within the next 2 days.
XAGUSD has broken through a line at 83.5743. If this breakout holds, we could see the price of XAGUSD move toward 79.6348 within the next 2 days. However, don’t be too quick to trade. It has tested this line many times in the past, so confirm the breakout before placing any trades.
BTCUSD is once again retesting a key horizontal resistance level at 71902.8125. This level has been tested 3 times recently and could see another bounce, as it did last time. However, after so many attempts, it may be ready to start a new trend.
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 […]
