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

XAGUSD breakout from a Triangle trade setup. Will it continue this trend to hit the target price?

This trade setup on XAGUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 31.5780.

ETHUSD may be on a start of a new bearish trend after its breakout through this important support level

The price of ETHUSD in heading in the direction of 3524.1331. Despite the recent breakout through 3681.3000 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.

EURUSD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 18 days.

Emerging Rising Wedge detected on EURUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 1.05929 and it is expected to move to 1.0647.

XAUUSD may be on a start of a new bullish trend after its breakout through this important resistance level

XAUUSD has broken through a line of 2649.7000 and suggests a possible movement to 2665.0120 within the next 17 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]

If you’re short GBPJPY you should be aware of the rapidly approaching level of 192.6290

A strong resistance level has been identified at 192.6290 on the 1 hour GBPJPY chart. GBPJPY is likely to test it soon.

Will BTCUSD break through the resistance level it tested before?

BTCUSD is approaching a resistance line at 100578.7969. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.

NGC/USD seems to be on its way to resistance – a possible opportunity?

NGC/USD is moving towards a line of 3.1075 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If NGC/USD continues in its current trajectory, we […]

Latest company news, corporate actions and partnership announcements

Autochartist’s Research Portal provides brokers with a convenient hub for dynamic market analysis and trading tools. EAERA is excited to

Autochartist was awarded the prestigious “Best Software for Swing Trading” title at the 2024 Benzinga Global Fintech Awards, a landmark financial technology event in New York City. The Benzinga Global Fintech Awards, now in their tenth year, have a rigorous selection process. The finalists are scrutinised and independently judged based on numerous factors, including innovation, […]

Autochartist, a prominent financial market analysis provider, earned the Most Comprehensive Market Analysis Provider award in the FinanceFeeds Awards 2024. Founded in 2004, Autochartist has transformed the trading industry with its data-driven market analysis. Providing traders and brokers with a powerful suite of tools to help them navigate the complexities of financial markets. Over two decades, Autochartist […]

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Interesting trading articles, ideas, and thought leadership

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In the world of trading, where billions of dollars are moved in milliseconds, the power of information cannot be overstated. Raw data and financial metrics are vital, but the views held by popular media often impact investment choices. The market perceptions shaped by news articles on companies and financial instruments are pivotal for traders. Let’s […]

In an era where global interconnectivity defines market dynamics, supply chain disruptions have become an increasingly important factor to consider in commodity trading. Stemming from various global events, these disruptions profoundly impact the flow and pricing of commodities. This article takes a brief look at these impacts, offering insights into navigating these challenges more effectively. […]

The finance sector, known for its dynamic and ever-evolving nature, is undergoing a significant transformation. As pivotal players in this domain, brokers play a crucial role in adapting to these changes to accommodate an evolving global mindset. Online brokerage firms provide the primary interface for retail traders; therefore, understanding and navigating these shifts is not […]

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