...

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

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 it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If XAUUSD continues on its current trajectory, it could reach 4906.1557 within the next 3 days.

BTCUSD has formed a Triangle on the 4 hour chart. A retest of resistance is in sight.

An emerging Triangle pattern has been detected for BTCUSD on the 4 hour chart. There may be a move toward 67868.3611 in the next few candles. Once it reaches the resistance, it may continue its bullish run or revert to current price levels.

FTSE100 has broken through a level it has tested 5 times recently.

FTSE100 has broken through a resistance line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 23 days, which suggests a possible target around 10685.2363 within the next 2 days.

A possible move for BRN/USD toward 118.6933

Triangle pattern identified on BRN/USD has broken through a resistance level, with price momentum continuing to move upward. This presents a solid trading opportunity, with the price expected to reach 118.6933 in the next 3.

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

The movement of GBPJPY toward the resistance line of a Rising Wedge is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 10 hours, but it is uncertain whether it will result in a breakout through this line or simply […]

A final push is possible for EURUSD as it approaches 1.1478.

EURUSD is approaching a support line at 1.1478. If it hits the support line, it may break through this level to continue the bearish trend, or it may return to current levels.

Support and resistance are fundamental concepts in technical analysis. NGC/USD is approaching an important price level at 2.9025—read what this could mean for the future.

NGC/USD is approaching the line at 2.9025. If this move continues, the price of NGC/USD could test 2.9025 within the next 8 hours. But do not rush to trade. It has tested this line many times in the past, so the move could be short-lived and end in a rebound.

Latest company news, corporate actions and partnership announcements

Interesting trading articles, ideas, and thought leadership

BAZIL DE BRUYN, GLOBAL HEAD OF PRODUCT AT AUTOCHARTIST Q1. We understand Autochartist has created some new exciting partnerships in

Since the SNB Black Swan Event of 2015, many brokers have changed their own risk management approach, moving to either a B- or C-book method. Unfortunately for traders, this approach hinges on trader failure for broker success. As a result, many brokers neglect trader risk management, preferring to take one-off profits over helping traders grow […]

It has been a tough few years for the capital markets. Covid-19 led to mass unemployment, reduced economic activities, surges in inflation, supply-chain crises, and uncertainty surrounding policy to name a few. The result has been intermittent and unpredictable bouts of high volatility in the financial markets. In 2020, record trading volumes and persistently high […]

As we commence 2022 we reflect on the year we leave behind and look forward to the possibilities of the year ahead. To get a better understanding of the events that shaped 2021 we spoke to CEO and Industry expert Ilan Azbel. We revisit what some might describe as an uncertain, yet interesting year and […]

There’s a rather embarrassing story of Hillary Clinton giving the Russian Foreign Minister a gift that represented a “resetting” of the relationship between the US and Russia. However, the translation of “reset” in Russian became “overcharge” leaving Clinton in an embarrassing situation. While not all translation errors have as extensive consequences as Clinton’s faux pas, […]

It’s a brave new world, where traders don’t hesitate to shift brokers in search of better trading experiences. How do you keep your clients engaged against such a backdrop? Traditionally, brokers have offered trading signals to enhance the trading experience, allow for informed decision making and earn trader loyalty. The problem is that today, almost […]

Take advantage of the opportunities and make sure that your clients know about them first. It’s been almost two years since the pandemic entered our lives and changed the way we live and work. During this period we have had our ups and downs but the light is now finally visible at the end of […]

Ask your broker today or sign up for a demo
from the Technical Analysis page.