Emerging Ascending Triangle pattern in its final wave was identified on the ETHUSD 4 hour chart. After a strong bullish run, we find ETHUSD heading towards the upper triangle line with a possible resistance at 1693.7896. If the resistance shows to hold, the Ascending Triangle pattern suggests a rebound back towards current levels.
The price of FTSE100 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
An emerging Descending Triangle has been detected on BTCUSD on the 1 hour chart. There is a possible move towards 83144.4908 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
A Channel Down pattern was identified on NAS100 at 18315.1874, creating an expectation that it may move to the resistance line at 18440.9570. It may break through that line and continue the bullish trend or it may reverse from that line.
USDJPY has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of USDJPY testing 140.6664 within the next 15 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
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? […]
Global Trade Capital Limited (GTCFX) – a leading online brokerage house, has announced its implementation of cutting-edge data analytics solutions from Autochartist, a trusted leader in automated financial market analysis. GTCFX has chosen Autochartist for its trusted reputation in the fintech brokerage industry. The partnership will allow GTCFX to offer award-winning decision-making tools to their […]
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 […]
In the world of trading, where billions of dollars are moved in milliseconds, the power of information cannot be overstated.
In an era where global interconnectivity defines market dynamics, supply chain disruptions have become an increasingly important factor to consider in commodity trading. Stemming from various global events, these disruptions profoundly impact the flow and pricing of commodities. This article takes a brief look at these impacts, offering insights into navigating these challenges more effectively. […]
The finance sector, known for its dynamic and ever-evolving nature, is undergoing a significant transformation. As pivotal players in this domain, brokers play a crucial role in adapting to these changes to accommodate an evolving global mindset. Online brokerage firms provide the primary interface for retail traders; therefore, understanding and navigating these shifts is not […]
The first non-farm payroll report of 2023 in January drove markets higher as traders decided to recalibrate their holdings to sectors with heightened growth potential. This trader sentiment has been seen before, particularly during the COVID outbreak in February 2020 that sent the stock markets into a free fall. Whether scheduled or sporadic, news has […]
Risk analysis is as critical as market analysis for traders to make informed trading decisions. It helps them size each position adequately, set viable entry and exit points, and hedge risks. A brokerage that enables traders to seamlessly manage risks by embedding risk management within the trading environment enjoys multiple benefits, such as: – Improved […]
The latest report on the Cryptocurrency Market Growth & Trends by Grand View Research predicts that the global crypto market will reach $11.71 billion by 2030, growing at a CAGR of 12.5% from 2023 to 2030. With major digital currencies, such as BTC, ETH, and LTC, all seeing significant gains in the first three months of […]
“If you’re going to be in this game for the long pull, which is the way to do it, you better be able to handle a 50% decline without fussing much about it.” This trading mantra, given by Charlie Munger, helps put market fluctuations into perspective. But traders may get nervous when there are steep […]
