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

NGC/USD – approaching a support line that has been previously tested at least twice in the past

NGC/USD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 10 days. If it tests this line again, it should do so in the next 2 days.

FTSE100 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 15 days.

FTSE100 is moving towards a resistance line. Because we have seen it retrace from this line before, 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 15 days and may test it again within the next 3 days.

LTCUSD seems to be on its way to support – a possible opportunity?

LTCUSD is moving towards a key support level at 128.0300. This is a previously tested level for LTCUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.

XAGUSD is signaling a possible trend reversal on the intraday charts with price not breaching resistance.

A Channel Up pattern was identified on XAGUSD at 31.187, creating an expectation that it may move to the support line at 30.8103. It may break through that line and continue the bearish trend or it may reverse from that line.

A possible move on XAUUSD as it heads towards resistance

XAUUSD is heading towards the resistance line of a Channel Up. If this movement continues, the price of XAUUSD could test 2668.4056 within the next 7 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

BRN/USD seems to be on its way to support – a possible opportunity?

BRN/USD is heading towards 72.3395 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, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

Important resistance line being approached by ETHUSD. This price has been tested numerous time in the last 14 days

ETHUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]

Latest company news, corporate actions and partnership announcements

With the addition of Autochartist to ATFX’s WeChat, traders from all levels can learn how to set their stop-loss and

LeapRate Exclusive… ATFX has just announced that it has teamed up with the automated market analysis software provider Autochartist to offer trading analysis to its clients in China. Autochartist offers market analysis in 28 different languages, which combined with more than 14 languages that ATFX already offers, will give ATFX clients a wide range of language […]

Trade29 is delighted to announce the availability of “C1 Analyzer Pro” for “Sierra Chart”. Powered by Autochartist, the product consists of a set of studies that can be used on 25+ futures markets. This has been a joint collaboration between Autochartist, Infinity Futures and Trade29 Software. Our initial motivation for this work was the quality […]

One of Turkey’s largest domestic banks, IS Bank has launched the Autochartist market analysis service within its mobile application, making them the first Turkish financial institution to service Autochartist customers directly on Mobile. Autochartist, an award-winning provider of financial market analysis has been integrated into the IS Bank’s mobile application to make the trading process […]

20 Feb 2018 – Autochartist is proud to announce that it has concluded acquisition of a controlling stake in VerifyMyTrade – www.verifymytrade.com – a company specializing in measuring the quality of execution in the retail forex market. The VerifyMyTrade Trust Builder enables traders to verify, via an industry acknowledged impartial service provider, whether the price they receive […]

Representing the very first actual industry accreditation with in the retail FX technology and market sector, Autochartist accreditation covers MetaTrader 4, Analytics and Risk Calculator. Students with a suitable pass rate are able to print their accreditation certificates and details of accredited Autochartist students are kept on file for future reference by potential employers. The evolution and increasing sophistication that […]

Autochartist is proud to announce their new innovative tool that allows brokers to extend traders’ lifespan by creating transparency with regards to how much capital is being risked on each trade. The tool is available in the form of a JSON API as well as an indicator in MetaTrader 4 & 5, and works independently of […]

Interesting trading articles, ideas, and thought leadership

Imagine a time when trading technology meant frantically dialling your broker on a rotary phone, hoping the market hadn’t moved

Understanding CARF and MiCA’s Impact on the Digital Asset Market The increased adoption of digital assets globally has highlighted the importance of regulatory developments in the cryptocurrency space. Digital assets offer new ways to raise capital, streamline payments, and foster innovation. All of which leads to more inclusive financial services for consumers and businesses alike. […]

Do you think trading is just about reading stock charts and chasing rumours? Not quite! Economic data releases and company earnings reports are like the hidden maestros backstage, orchestrating the market’s every move. They set the rhythm, making stocks rise or fall, and whether you’re a day trader or just sipping your morning coffee while […]

As we enter the last stretch of 2024, silver appears to be a metal with significant potential for valuation shifts. Traders and investors increasingly focus on silver, recognizing its longstanding role in portfolios. Here’s why some savvy traders have XAGUSD in their watchlists. Disparity in the Gold/Silver Ratio Historically, the gold/silver ratio, which measures how […]

When it comes to trading, it’s easy to get lost in the charts, the data, and the endless strategies. But let’s not forget the real battleground: your mind. Welcome to the world of trading psychology, where the fiercest competition isn’t against the market – it’s against yourself. Risk tolerance, emotional control, and cognitive biases are […]

Gold trading remains as popular today as ever. It has long been one of the most sought-after assets in the world, captivating traders and investors across generations. Its enduring appeal can be attributed to several key factors that make it a staple in retail trading portfolios. Historical Significance and Trust Gold’s history as a valuable […]

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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