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

NGC/USD is approaching a support line that has been tested at least twice before

A Falling Wedge pattern was identified for NGC/USD at 3.7565, suggesting it may move toward the support line at 3.5119. It may break through that line and continue the bearish trend, or reverse from it.

Big bearish swing in GBPJPY – this may be one of its more notable moves in the latest session.

GBPJPY reached 209.8455 after a 1.67% move spanning 2 days.

If you’re short on BRN/USD, be aware of the rapidly approaching level at 69.7610.

BRN/USD is approaching the line at 69.7610. If this move continues, the price of BRN/USD could test 69.7610 within the next 2 days. 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.

Will XAUUSD break through the resistance level it previously tested?

XAUUSD is moving toward a resistance line. Because it has retraced from this level in the past, we may see either a breakout through this line or a rebound to current levels. It has touched this line multiple times over the last 15 days and may test it again within the next 3 days.

Consider a move on USDJPY as it heads toward support.

USDJPY is heading toward the support line of a Falling Wedge pattern and could reach it within the next 15 hours. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]

NGC/USD reached 3.7945 after a move of 33.27% spanning 12 days.

NGC/USD has moved lower by 33.27% from 5.686 to 3.7945 in the last 12 days.

FTSE100 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 56 days.

An emerging Channel Up pattern has been detected for FTSE100 on the 4 hour chart. There may be a move toward 10606.8650 in the next few candles. Once it reaches the resistance, it may continue its bullish run or revert to current price levels.

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

The latest report on the Cryptocurrency Market Growth & Trends by Grand View Research predicts that the global crypto market

“If you’re going to be in this game for the long pull, which is the way to do it, you better be able to handle a 50% decline without fussing much about it.” This trading mantra, given by Charlie Munger, helps put market fluctuations into perspective. But traders may get nervous when there are steep […]

Technical advancements and the integration of customised trading solutions within mobile applications have helped retail trading soar since 2020. As a result, the online trading market is projected to hit $18.4 billion, growing at acompound annual growth rate  of 7.8% between 2022 and 2031. A surge in cloud-based trading solutions and AI-powered robo- advisory are key drivers […]

The one thing in common among all traders is that they want to make informed decisions. But that’s where the similarity ends. Every trader has a different requirement for information, simply because their trading strategies, portfolio of assets, preferred time of trading, experience level, financial goals, risk appetite, and trading mindset are different. So, how […]

The growing influx of millennials into the financial markets presents a massive opportunity for brokers. It is important not just to attract new traders but to retain them too. Millennials form the majority of online traders at 58% globally. Millennials are also the generation that prefers taking active control of their finances. The growing influx of […]

As 2022 winds down, Founder and CEO of Autochartist, Ilan Azbel takes a look back at the year and talks about his expectations for 2023. Founder and CEO of Autochartist, Ilan Azbel, is a visionary. He foresaw the need for brokers to support traders in making informed decisions through robust technical analysis as far back as […]

Today, brokers need to offer the latest technological advances and tools for decision making to empower traders, retain them and motivate them to make redeposits. Sustaining in-house expertise is not only expensive but involves complex management and collaboration logistics that can derail your brokerage from its business goals. Outsourcing can come to the rescue, improving […]

Ask your broker today or sign up for a demo
from the Technical Analysis page.