Daily Top Trade Setups: Advanced Forex, Indices, Commodities, and Stock Analysis

GBPJPY moves higher to 204.4870 over the last 8 days.

GBPJPY recorded an unusual number of bullish candles on the Daily timeframe.

An important resistance line is being approached by LTCUSD. This price has been tested numerous times in the last 14 days

LTCUSD 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 14 days and may test it again within the next 2 days.

XAUUSD has broken through a level it has tested 5 times recently.

A strong resistance level has been breached at 4086.0000 on the 15 Minutes XAUUSD chart. Technical analysis forecasts a move to 4118.1260 within the next 10 hours.

S&P500 is approaching a resistance line that has been tested at least twice before

S&P500 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 7 days and may test it again within the next 22 hours.

Support and resistance are fundamental concepts in technical analysis. NGC/USD is approaching an important price level at 4.2575—read what this could mean for the future.

NGC/USD is approaching the line at 4.2575. If this move continues, the price of NGC/USD could test 4.2575 within the next 10 hours. But do not rush to trade. It has tested this line many times in the past, so the move could be short-lived and end in a rebound.

USDJPY is signaling a possible trend reversal on intraday charts, as the price fails to breach support.

USDJPY is heading toward the resistance line in a Channel Up pattern. If this move continues, the price of USDJPY could test 155.9466 within the next 8 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.

ETHUSD is signaling a possible trend reversal on intraday charts, as the price fails to breach support.

A Channel Down pattern was identified for ETHUSD at 3030.84, suggesting it may move toward the resistance line at 3189.6250. It may break through that line and continue the bullish trend, or reverse from it.

Latest company news, corporate actions and partnership announcements

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Autochartist and Swissquote have recently embarked on an impressive collaboration in which Autochartist’s Advanced Technical Analysis has been deeply integrated into their proprietary trading platform, “Advanced Trader”. This integration creates an intuitive experience for their extensive client base of global CFD traders. One of the standout features of this integration is the ability to execute […]

Today we spotlight a new Autochartist code library developed exclusively for brokers. This product creates a synergistic relationship between Autochartist, TradingView charts, and Broker platforms. Autochartist is a global leader in technical analysis for financial markets, and through its partnership with brokers around the world, it serves millions of traders in over 100 countries by providing analysis […]

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Autochartist, a world-renowned technology partner that provides real-time market analysis for traders, was named “Most Comprehensive Market Analysis Provider – Global” by the ForexRating.com Awards 2022. This award specifically highlights excellence in investment analytics solutions for financial markets and recognizes vendors providing exceptional and innovative infrastructure, technology, and data solutions.  Autochartist provides a broad range […]

Context Analytics (CA), a global leader in Unstructured Financial Data processing has partnered with Autochartist to distribute its social media sentiment analysis tool into Europe, the United Kingdom, and APAC. Context Analytics (CA), a global leader in Unstructured Financial Data processing has partnered with Autochartist to distribute its social media sentiment analysis tool into Europe, the United […]

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