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

Supports and resistances are primary concepts of technical analysis. FTSE100 is heading for an important price of 8188.6899 – read about what this could mean for the future.

A strong support level has been identified at 8188.6899 on the 1 hour FTSE100 chart. FTSE100 is likely to test it soon.

Will XAGUSD break through the resistance level it tested before?

XAGUSD is heading towards a line of 30.1850. If this movement continues, the price of XAGUSD could test 30.1850 within the next 9 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

After testing 5927.2500 numerous times, S&P500 has finally broken through. Can we expect a bearish trend to follow?

S&P500 has breached the support line at 5927.2500. It may continue the bearish trend towards 5852.2500, or, it may prove to be yet another test of this level.

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

GBPJPY was identified at around 197.724 having recently rebounded of the resistance on the 1 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 196.8275 level.

Breach of 76.5885 could mean a start of a bullish trend on BRN/USD

The breakout of BRN/USD through the 76.5885 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, BRN/USD could test 77.4415 within the next 12 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

Important support line being approached by BTCUSD. This price has been tested numerous time in the last 8 days

An emerging Channel Up has been detected on BTCUSD on the 1 hour chart. There is a possible move towards 100884.2088 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

Important price line breached by NGC/USD. This price has been tested numerous times before.

NGC/USD has broken through 3.7995 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, NGC/USD may be heading towards 3.6459 within the next 14 hours.

Latest company news, corporate actions and partnership announcements

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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 […]

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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 […]

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