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

A final push possible on LTCUSD as it starts approaching a price line of 106.9400.

LTCUSD is moving towards a key resistance level at 106.9400. LTCUSD has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Important resistance line being approached by FTSE100. This price has been tested numerous time in the last 5 days

Emerging Channel Up detected on FTSE100 – 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 8270.5 and it is expected to move to 8355.8382.

BTCUSD is quickly approaching the support line of a Rising Wedge. We expect either a breakout through this line or a rebound.

Emerging Rising Wedge pattern in its final wave was identified on the BTCUSD 1 hour chart. After a strong bearish run, we find BTCUSD heading towards the upper triangle line with a possible resistance at 95286.7973. If the support shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.

Interesting opportunity on NAS100 after breaking 20950.13178592233

Triangle pattern identified on NAS100 has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 20679.6552 in the next 3.

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

A Channel Down pattern was identified on GBPJPY at 195.192, creating an expectation that it may move to the resistance line at 196.2769. It may break through that line and continue the bullish trend or it may reverse from that line.

A Channel Up has formed, BRN/USD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

BRN/USD was identified at around 76.1965 having recently rebounded of the resistance on the 30 Minutes 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 75.3148 level.

USDJPY is quickly approaching the support line of a Descending Triangle. We expect either a breakout through this line or a rebound.

USDJPY is trapped in a Descending Triangle formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]

Latest company news, corporate actions and partnership announcements

With the addition of Autochartist to ATFX’s WeChat, traders from all levels can learn how to set their stop-loss and

LeapRate Exclusive… ATFX has just announced that it has teamed up with the automated market analysis software provider Autochartist to offer trading analysis to its clients in China. Autochartist offers market analysis in 28 different languages, which combined with more than 14 languages that ATFX already offers, will give ATFX clients a wide range of language […]

Trade29 is delighted to announce the availability of “C1 Analyzer Pro” for “Sierra Chart”. Powered by Autochartist, the product consists of a set of studies that can be used on 25+ futures markets. This has been a joint collaboration between Autochartist, Infinity Futures and Trade29 Software. Our initial motivation for this work was the quality […]

One of Turkey’s largest domestic banks, IS Bank has launched the Autochartist market analysis service within its mobile application, making them the first Turkish financial institution to service Autochartist customers directly on Mobile. Autochartist, an award-winning provider of financial market analysis has been integrated into the IS Bank’s mobile application to make the trading process […]

20 Feb 2018 – Autochartist is proud to announce that it has concluded acquisition of a controlling stake in VerifyMyTrade – www.verifymytrade.com – a company specializing in measuring the quality of execution in the retail forex market. The VerifyMyTrade Trust Builder enables traders to verify, via an industry acknowledged impartial service provider, whether the price they receive […]

Representing the very first actual industry accreditation with in the retail FX technology and market sector, Autochartist accreditation covers MetaTrader 4, Analytics and Risk Calculator. Students with a suitable pass rate are able to print their accreditation certificates and details of accredited Autochartist students are kept on file for future reference by potential employers. The evolution and increasing sophistication that […]

Autochartist is proud to announce their new innovative tool that allows brokers to extend traders’ lifespan by creating transparency with regards to how much capital is being risked on each trade. The tool is available in the form of a JSON API as well as an indicator in MetaTrader 4 & 5, and works independently of […]

Interesting trading articles, ideas, and thought leadership

Gold trading remains as popular today as ever. It has long been one of the most sought-after assets in the

The financial markets are no stranger to turbulence, but the events of early August 2024 had investors gripping their seats a little tighter. A sudden and sharp market downturn, triggered by a mix of disappointing U.S. economic data and unexpected policy shifts in Japan, highlighted the flux of the global economy. Understanding the potential impact […]

Artificial Intelligence (AI) and Machine Learning (ML) are improving quickly. The ripples are being felt in the trading industry, with increased big-data processing and improved methods to anticipate market movements and develop trading strategies. As we move into the second half of 2024, several key trends and developments are shaping this landscape, making it an […]

As the daily news headlines keep us updated on the ever-changing markets, online brokerages face unique challenges. From economic uncertainties that directly affect trading and investment choices to maintaining their business advantage in a competitive environment, here are some ongoing broker challenges shared by many online retail trading firms. These highlight the dynamic nature of […]

Understanding market sentiment can provide traders with unique insights in the fast-paced world of trading. Market sentiment analysis, which involves analyzing news and social media to gauge the mood and attitudes of market participants, is becoming increasingly popular. By leveraging these insights, traders can make more informed decisions and optimize their trading strategies. Here’s a […]

Technical analysis remains a fundamental tool for traders seeking to understand market dynamics and make informed decisions in 2024 and beyond. Advanced tools that use technical analysis and pattern recognition empower traders in ways previous generations couldn’t have imagined. Automatic identification of trading opportunities enables traders to fine-tune their strategies with increased confidence and complete […]

Cryptocurrency exchange-traded funds (ETFs) have emerged as a hot topic in the financial world, seeking to bridge the gap between traditional finance and the crypto market. As traders seek innovative ways to diversify their portfolios and capitalize on market trends, understanding crypto ETFs is a good starting point. What is a Spot Bitcoin ETF? A […]

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