Skip to content GBPJPY 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 is moving towards a key support level at 84.0200. 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.
USDJPY has broken through a resistance line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 144.9037 within the next 7 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
Emerging Falling Wedge pattern in its final wave was identified on the ETHUSD 4 hour chart. After a strong bearish run, we find ETHUSD heading towards the upper triangle line with a possible resistance at 2328.5380. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.
Emerging Channel Down pattern in its final wave was identified on the FTSE100 1 hour chart. After a strong bearish run, we find FTSE100 heading towards the upper triangle line with a possible resistance at 8659.6319. If the support shows to hold, the Channel Down pattern suggests a rebound back towards current levels.
BTCUSD has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 108694.2267 may materialize within the next 8 hours.
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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 […]
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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 […]
