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

CPattern and Autochartist are proud to announce a joint technology collaboration to enable professional content personalization for traders. This technology

Autochartist, a leading global fintech provider, is proud to announce the launch of its innovative content personalization solutions. The new solutions offer online brokers the opportunity to deliver personalized content based on trader behavior such as traded instruments, hours of activity, trading style, and risk profile. The development of the solution comes as a result […]

With the addition of Autochartist to ATFX’s WeChat, traders from all levels can learn how to set their stop-loss and take-profit orders based on analysis of an asset’s volatility. The global award-winning broker ATFX has just added Autochartist analytics and actionable content to their official WeChat account. Autochartist is a program which can identify chart […]

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 […]

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

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 […]

Artificial Intelligence (AI) and Machine Learning (ML) are improving quickly. The ripples are being felt in the trading industry, with increased big-data processing and improved methods to anticipate market movements and develop trading strategies. As we move into the second half of 2024, several key trends and developments are shaping this landscape, making it an […]

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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