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

After trying numerous times in the past, FTSE100 finally breaks 9401.3496!

The price of FTSE100 in heading in the direction of 9339.3750. Despite the recent breakout through 9401.3496 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 – breach of a trending support line that has been tested at least twice before.

EURUSD moved through the support line of a Triangle at 1.1556798181818182 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 1.1523.

BRN/USD formed a Falling Wedge on the 1 hour chart. Retest of support in sight.

BRN/USD is heading towards the support line of a Falling Wedge 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 from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]

XAUUSD experienced a 4.46% bullish move in just 4 days. The magnitude speaks for itself.

An unexpected large move occurred on XAUUSD 1 hour chart, starting at 3990.135 and reaching 4168.06. It stands out in recent trading activity.

NAS100 experienced a very large 3 days bullish move to 24644.1037.

NAS100 reached 24644.1037 after a 2.57% move spanning 3 days.

Interesting opportunity on GBPJPY after breaking 202.82841860465115

The breakout of GBPJPY through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of GBPJPY testing 200.8861 within the next 3 days.

Will BTCUSD break through the support level it tested before?

BTCUSD is heading towards 111208.2891 and could reach this point within the next 15 hours. 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.

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By Kobus Steenekamp, CTO, Autochartist Don’t get me wrong, we love AWS, and we use a ton of great products

In today’s fast paced online environment, the financial industry is always trying to keep up to date with the latest news. The concept of Natural Language Generation (NLG) is echoing strongly in the industry as Fx brokers are seeking new ways to reach a larger audience with the right message. But what is NLG? Natural language generation software uses […]

By Laurence Fish, Developer, Autochartist.com Price data is central to our business in the drawing of the charts and the technical analysis underpinning the pattern recognition used in the charts. The data received is time critical as the technical analysis and chart patterns derived from the data are performed ideally within one minute of receipt […]

By Robain Polly, Product Evangelist and Resident Snake Charmer, Autochartist.com I collect venomous snakes as a hobby; my collection includes adders, vipers and cobras. I spend hours studying and looking after them. I have often decided to quit, and a few weeks later I find myself getting new snakes just because they are pretty or […]

By Jingwei Li, Researcher, Autochartist.com Some brokers simply take the position of “take on as much risk as possible and therefore maximize profitability”, while others assume a more moderate approach of balancing the liquidity of their company with profitability. In this short article we investigate the use of a sentiment-based indicator to assist brokers in […]

Autochartist is proud to announce that it has concluded the acquisition of a controlling stake in Delkos Research (www.delkos.com) – a company providing forecasts and content for Futures and Forex brokers based around macro-economic news events. This is the second acquisition that Autochartist has concluded in 2018. Delkos’s News Events Trading Services (NETS) allows traders to […]

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