Skip to content NGC/USD is heading toward the resistance line in a Pennant pattern. If this move continues, the price of NGC/USD could test 2.7707 within the next 6 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
The movement of ETHUSD towards the 2175.2000 price line is yet another test of a line it has reached numerous times in the past. We can expect this test to occur within the next 3 days, but it is uncertain whether it will result in a breakout through this line or simply rebound to current […]
It would be prudent to confirm the breakout that just occurred. Do you consider the move through support significant? Do you have indicators confirming that the price momentum will continue? If so, aim for a target of 157.4991, but consider reducing your position size as the price approaches that target.
FTSE100 has broken through the resistance line of a Pennant technical chart pattern. Because it has retraced from this line in the past, you should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 22 days, which suggests a possible target around 10716.3348 within the […]
BRN/USD has broken through the support line of a Triangle technical chart pattern. Because it has retraced from this line in the past, you should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 17 days, suggesting a possible target level around 84.2973 within the […]
The price of XAGUSD is heading toward 80.4000. Despite the recent breakout through 79.3545, it may struggle to gain momentum to reach the forecast price and could move back in the other direction. This has happened many times in the past, so watch for a possible bounce back.
LTCUSD is trapped in a Rising Wedge formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
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 […]
