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

USDJPY formed a Falling Wedge on the 1 hour chart. Retest of support in sight.

An emerging Falling Wedge has been detected on USDJPY on the 1 hour chart. There is a possible move towards 145.9106 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

After testing 6579.5298 numerous times, S&P500 is once again approaching this price point. Can we expect a bearish trend to follow?

S&P500 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 6579.5298, unless it runs out of momentum and pulls back to current levels.

If you’re short NGC/USD you should be aware of the rapidly approaching level of 3.1155

NGC/USD is approaching a resistance line at 3.1155. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.

Because BTCUSD formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

Emerging Channel Up pattern in its final wave was identified on the BTCUSD 4 hour chart. After a strong bullish run, we find BTCUSD heading towards the upper triangle line with a possible resistance at 120044.4917. If the resistance shows to hold, the Channel Up pattern suggests a rebound back towards current levels.

Supports and resistances are primary concepts of technical analysis. GBPJPY is heading for an important price of 199.2480 – read about what this could mean for the future.

The price of GBPJPY in heading back to the support 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.

XAUUSD formed a Rising Wedge on the 30 Minutes chart. Retest of resistance in sight.

Emerging Rising Wedge detected on XAUUSD – 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 3693.725 and it is expected to move to 3724.2258.

Will ETHUSD break through the resistance level it tested before?

ETHUSD is heading towards 4543.7002 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

Latest company news, corporate actions and partnership announcements

CPattern and Autochartist are proud to announce a joint technology collaboration to enable professional content personalization for traders. This technology

Autochartist, a leading global fintech provider, is proud to announce the launch of its innovative content personalization solutions. The new solutions offer online brokers the opportunity to deliver personalized content based on trader behavior such as traded instruments, hours of activity, trading style, and risk profile. The development of the solution comes as a result […]

With the addition of Autochartist to ATFX’s WeChat, traders from all levels can learn how to set their stop-loss and take-profit orders based on analysis of an asset’s volatility. The global award-winning broker ATFX has just added Autochartist analytics and actionable content to their official WeChat account. Autochartist is a program which can identify chart […]

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 […]

Interesting trading articles, ideas, and thought leadership

As 2022 winds down, Founder and CEO of Autochartist, Ilan Azbel takes a look back at the year and talks

Today, brokers need to offer the latest technological advances and tools for decision making to empower traders, retain them and motivate them to make redeposits. Sustaining in-house expertise is not only expensive but involves complex management and collaboration logistics that can derail your brokerage from its business goals. Outsourcing can come to the rescue, improving […]

The biggest challenge faced by brokers is client retention. About 40% of traders who register on an online platform leave within a month. The biggest challenge faced by brokers is client retention. Reportedly, about 40%  of traders who register on an online brokerage platform leave within a month. In fact, 80%  quit in the first two years […]

With 2022 close to an end, are you planning your marketing and client retention budget for 2023 yet? Make sure you include email marketing in your budget. Not sure if you want to tie up resources in email marketing? Here’s what you need to know. Small businesses are reaping the maximum benefits of email marketing, […]

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After a successful debut, the FinanceFeeds Podcast returns with an interview with Ilan Azbel, Founder and CEO of Autochartist, developer of the automated market analysis tools that identify market opportunities and alerts traders in real-time. Listen on SpotifyListen on Apple Podcasts, Google Podcasts and other platforms Ilan Azbel founded Autochartist in 2001 and currently focuses […]

The CBOE Volatility Index (VIX), which is considered the barometer of market volatility, spiked to an almost record high of over 65 in March 2020, in sync with the pandemic outbreak. Although the index declined through the rest of 2020 and in 2021, it surged more than 87% in the first half of 2022. VIX […]

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