Skip to content BRN/USD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through this line or a rebound to current levels. It has touched this line numerous times in the last 9 days and may test it again within the next 2 days.
S&P500 was identified around 6833.78 after recently rebounding off the resistance on the 1 hour interval. Ultimately, the stock’s price action has formed a Falling Wedge pattern. This squeeze may increase the chances of a strong breakout. The projected move could take the price to around 6729.9590.
USDJPY is moving toward a support line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If USDJPY continues on its current trajectory, it could reach 156.7928 within the next 2 days.
An emerging Rectangle pattern has been detected for LTCUSD on the 1 hour chart. There may be a move toward 52.0100 in the next few candles. Once it reaches the support, it may continue its bearish run or revert to current price levels.
EURUSD is heading toward the support line in a Falling Wedge pattern. If this move continues, the price of EURUSD could test 1.1726 within the next 7 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
The breakout of NAS100 through the 24699.4395 price line is a breach of an important psychological price level that it has tested numerous times in the past. If this breakout persists, NAS100 could test 24409.5957 within the next 2 days. One should always be cautious before placing a trade and wait for confirmation of the […]
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 […]
