Skip to content GBPJPY is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
XAUUSD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of XAUUSD testing 3708.4812 within the next 23 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
FTSE100 is heading towards the resistance line of a Triangle and could reach this point within the next 3 days. 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 could […]
S&P500 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 8 days and may test it again within the next […]
BRN/USD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If BRN/USD continues in its current trajectory, we could see it […]
NGC/USD is moving towards a line of 2.9180 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If NGC/USD continues in its current trajectory, we […]
For new traders, the first encounter with a trading platform can often feel like stepping into the cockpit of an
Anyone who ventures into online investing understands that trading has an inherent risk. That first trade is nerve-wracking, no matter how prepared you think you are. Many brokers focus only on the tools their clients need to execute trades efficiently – often neglecting to help clients, especially new traders, understand the choices surrounding a sound […]
What do online trading and sport have in common? At first glance, the world of online trading and the realm of sports might seem like distant relatives. Yet, they share a DNA beyond the surface level. They are both arenas where strategy, psychology, and performance intersect in the pursuit of victory. Once you start exploring […]
In the dynamic domain of retail trading, where instruments like contracts for differences (CFDs) are prevalent, brokers play an instrumental role in the success of new, inexperienced traders. Despite controlling smaller sums than institutional investors, retail traders encounter significant risks. Brokers can decrease the steep learning curve by helping traders discern and embrace trading styles […]
In the world of trading, where billions of dollars are moved in milliseconds, the power of information cannot be overstated. Raw data and financial metrics are vital, but the views held by popular media often impact investment choices. The market perceptions shaped by news articles on companies and financial instruments are pivotal for traders. Let’s […]
In an era where global interconnectivity defines market dynamics, supply chain disruptions have become an increasingly important factor to consider in commodity trading. Stemming from various global events, these disruptions profoundly impact the flow and pricing of commodities. This article takes a brief look at these impacts, offering insights into navigating these challenges more effectively. […]
The finance sector, known for its dynamic and ever-evolving nature, is undergoing a significant transformation. As pivotal players in this domain, brokers play a crucial role in adapting to these changes to accommodate an evolving global mindset. Online brokerage firms provide the primary interface for retail traders; therefore, understanding and navigating these shifts is not […]
