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

Will FTSE100 break through the resistance level it tested before?

FTSE100 is about to retest a key horizontal resistance level near 8674.9004. It has tested this level 5 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.

XAGUSD likely to test 32.9965 in the near future. Where to next?

The price of XAGUSD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

Is the extremely large movement on LTCUSD a sign of things to come?

Those of you that are trend followers are probably eagerly watching LTCUSD to see if its latest 39.18% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 29 days move.

GBPJPY through 193.89956249999997. Is this a confirming a breakout? Will it continue its path in the current trend toward 194.4150?

GBPJPY has broken through a resistance line of a Pennant chart pattern. If this breakout holds true, we may see the price of GBPJPY testing 194.4150 within the next 6 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 […]

USDJPY is approaching 145.4625. We expect either a breakout through this line, or a rebound.

The movement of USDJPY towards 145.4625 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 22 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

NGC/USD has broken through a level it has tested 4 times in the recent past.

The price of NGC/USD in heading in the direction of 3.3260. Despite the recent breakout through 3.4305 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

Could a large bearish move on EURUSD be a sign of things to come?

EURUSD has moved lower by 2.85% from 1.151425 to 1.11858 in the last 24 days.

Latest company news, corporate actions and partnership announcements

Autochartist, a world-renowned technology partner that provides real-time financial market analysis, has been recognized as the “Most Comprehensive Market Analysis Provider” by

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 […]

I’m excited to have the opportunity to speak with you today about your experience as the head of customer training at Autochartist. To begin, can you tell me about your experience working at Autochartist? What has been the most rewarding aspect of your role, and what have been some of the biggest challenges you’ve faced? […]

Global Trade Capital Limited (GTCFX) – a leading online brokerage house, has announced its implementation of cutting-edge data analytics solutions from Autochartist, a trusted leader in automated financial market analysis. GTCFX has chosen Autochartist for its trusted reputation in the fintech brokerage industry. The partnership will allow GTCFX to offer award-winning decision-making tools to their […]

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 […]

Interesting trading articles, ideas, and thought leadership

Do you think trading is just about reading stock charts and chasing rumours? Not quite! Economic data releases and company

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The financial markets are no stranger to turbulence, but the events of early August 2024 had investors gripping their seats a little tighter. A sudden and sharp market downturn, triggered by a mix of disappointing U.S. economic data and unexpected policy shifts in Japan, highlighted the flux of the global economy. Understanding the potential impact […]

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As the daily news headlines keep us updated on the ever-changing markets, online brokerages face unique challenges. From economic uncertainties that directly affect trading and investment choices to maintaining their business advantage in a competitive environment, here are some ongoing broker challenges shared by many online retail trading firms. These highlight the dynamic nature of […]

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