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

Support and resistance are fundamental concepts in technical analysis. XAUUSD is approaching an important price level at 3991.7000—read what this could mean for the future.

XAUUSD is approaching a support line at 3991.7000. If it hits the support line, it may break through this level to continue the bearish trend, or it may return to current levels.

ETHUSD is approaching the resistance line of a Channel Down pattern. We anticipate either a breakout through this line or a rebound.

ETHUSD is trapped in a Channel Down 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 […]

An important support line is being approached by EURUSD. This price has been tested numerous times in the last 2 days

EURUSD 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 EURUSD continues on its current trajectory, it could reach 1.1487 within the next 7 hours.

FTSE100 is approaching the support line of a Falling Wedge pattern. We anticipate either a breakout through this line or a rebound.

FTSE100 is heading toward the support line in a Falling Wedge pattern. If this move continues, the price of FTSE100 could test 9417.4226 within the next 15 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.

There may be a significant move in NGC/USD following a breach of resistance.

NGC/USD has moved through the resistance line of a Flag pattern at 4.433833333333334 on the 4 hour chart. This line has been tested multiple times in the past, and this breakout could signal an upcoming change in the current trend. Price may continue in the current direction toward 4.5856.

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

BTCUSD is moving toward a support 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 5 days and may test it again within the next 2 days.

GBPJPY moves higher to 204.4870 over the last 8 days.

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

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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