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

A Channel Up has formed, and USDJPY is approaching resistance. Should we expect a breakout and the start of a new trend, or a reversal?

USDJPY is trapped in a Channel Up formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a resistance line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]

A Rising Wedge has formed, and XAUUSD is approaching support. Should we expect a breakout and the start of a new trend, or a reversal?

XAUUSD is moving toward a resistance 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 17 days and may test it again within the next 3 days.

FTSE100 moves higher to 10710.05 in the last 6 days.

FTSE100 recorded an exceptional 3.04% move over the last 6 days. Whether you follow trends or look for reversals, this move is hard to ignore.

GBPJPY is currently testing the 209.3365 level. Will the breakout continue, or will it reverse?

GBPJPY is once again retesting a key horizontal resistance level at 209.3365. This level has been tested 3 times recently and could see another bounce, as it did last time. However, after so many attempts, it may be ready to start a new trend.

An unexpectedly large move occurred on the BRN/USD 1 hour chart. The shift stands out in recent activity.

BRN/USD just posted a 5.34% move over the past 2 days—a move unlikely to go unnoticed by any trading style.

A breach of 1.1805 could signal the start of a bearish trend in EURUSD.

A strong support level has been breached at 1.1805 on the 1 hour EURUSD chart. Technical analysis forecasts a move to 1.1745 within the next 2 days.

An important support line is being approached by LTCUSD. This price has been tested numerous times in the last 3 days

LTCUSD is trapped in a Falling Wedge formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a resistance line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]

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Interesting trading articles, ideas, and thought leadership

By Ilan Azbel, with the help of Jingwei Li.I have encountered a number of stock, currency and futures broker websites

llan Azbel, CEO and Founder of Autochartist, has over 20 years experience in technology, 15 years in the financial markets and an academic background in mathematics, computer-science and engineering. Hi Ilan, thank you for joining us today. With Amazon, Tesla and Apple blowing-up the media daily, everybody would love the opportunity to purchase Stocks and I […]

Developing a proprietary trading platform can be an expensive and exhausting investment. However, we are seeing that brokers who choose this path are reaping the rewards. As the industry matures, so do the technological service providers. As a result, we see an upward trend in brokers building their own platforms or starting the process of […]

Ilan Azbel, CEO and Founder of Autochartist, has over 20 years of experience in technology, 15 years in the financial markets and an academic background in mathematics, computer science and engineering. Hi Ilan, thank you for joining us today. It has been over a year now since you officially launched your ‘Automated Social Media’ product. […]

There has been a lot written about the recent massive influx of retail traders in the financial markets. However, what hasn’t been discussed is the rise in the number of brokers operating in the space. This has created an intensely competitive and noisy space, where standing out in the crowd can be a herculean task. […]

By Hein van Eeden, Senior Dev @ Autochartist.com.In the beginning of 2010’s Autochartist decided to integrate our Technical Analysis Chart Patterns into MetaTrader 4 (and a little later into MetaTrader 5). This was in the form of indicators, one for each product Autochartist was offering at the time, using DLLs to communicate with our services […]

By Tamryn Hayne, Before migrating to Salesforce, we worked with various record keeping applications that just didn’t cut it for us.  When you have many clients to store information for and in order to keep up with your business development productivity targets, you need to have a CRM that will do exactly what you need […]

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