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

FTSE100 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 50 days.

FTSE100 was identified at around 8777.07 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 8923.2684 level.

GBPJPY is signaling a possible trend reversal on the intraday charts with price not breaching support.

Emerging Channel Up detected on GBPJPY – 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 196.1925 and it is expected to move to 198.1327.

After trying numerous times in the past, NAS100 finally breaks 21531.2891!

The breakout of NAS100 through the 21531.2891 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, NAS100 could test 21964.3867 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

BTCUSD is currently testing a level of 107543.8281. Will the breakout continue or will things reverse?

BTCUSD has broken through a line of 107543.8281 and suggests a possible movement to 106005.6328 within the next 23 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 […]

A Channel Up has formed, S&P500 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?

Emerging Channel Up pattern in its final wave was identified on the S&P500 1 hour chart. After a strong bullish run, we find S&P500 heading towards the upper triangle line with a possible resistance at 5989.8030. If the resistance shows to hold, the Channel Up pattern suggests a rebound back towards current levels.

XAUUSD is currently testing a level of 3318.3350. Will the breakout continue or will things reverse?

XAUUSD has broken through 3318.3350 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, XAUUSD may be heading towards 3349.5090 within the next 2 days.

LTCUSD keeps moving closer towards 97.2000. Will it finally breach this level?

A strong resistance level has been identified at 97.2000 on the 30 Minutes LTCUSD chart. LTCUSD is likely to test it soon.

Latest company news, corporate actions and partnership announcements

Autochartist, a world-renowned technology partner that provides real-time financial market analysis, has been recognized as the “Most Comprehensive Market Analysis Provider” by

Autochartist and Swissquote have recently embarked on an impressive collaboration in which Autochartist’s Advanced Technical Analysis has been deeply integrated into their proprietary trading platform, “Advanced Trader”. This integration creates an intuitive experience for their extensive client base of global CFD traders. One of the standout features of this integration is the ability to execute […]

Today we spotlight a new Autochartist code library developed exclusively for brokers. This product creates a synergistic relationship between Autochartist, TradingView charts, and Broker platforms. Autochartist is a global leader in technical analysis for financial markets, and through its partnership with brokers around the world, it serves millions of traders in over 100 countries by providing analysis […]

I’m excited to have the opportunity to speak with you today about your experience as the head of customer training at Autochartist. To begin, can you tell me about your experience working at Autochartist? What has been the most rewarding aspect of your role, and what have been some of the biggest challenges you’ve faced? […]

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Autochartist, a world-renowned technology partner that provides real-time market analysis for traders, was named “Most Comprehensive Market Analysis Provider – Global” by the ForexRating.com Awards 2022. This award specifically highlights excellence in investment analytics solutions for financial markets and recognizes vendors providing exceptional and innovative infrastructure, technology, and data solutions.  Autochartist provides a broad range […]

Context Analytics (CA), a global leader in Unstructured Financial Data processing has partnered with Autochartist to distribute its social media sentiment analysis tool into Europe, the United Kingdom, and APAC. Context Analytics (CA), a global leader in Unstructured Financial Data processing has partnered with Autochartist to distribute its social media sentiment analysis tool into Europe, the United […]

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