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

Breach of support could mean a start of a bearish trend on NAS100

NAS100 has broken through a support line of a Rising Wedge and suggests a possible movement to 19089.9198 within the next 14 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]

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

A Rising Wedge pattern was identified on BTCUSD at 85432.83, creating an expectation that it may move to the resistance line at 86774.0588. It may break through that line and continue the bullish trend or it may reverse from that line.

NGC/USD – approaching a resistance line that has been previously tested at least twice in the past

A Channel Down pattern was identified on NGC/USD at 3.9255, creating an expectation that it may move to the resistance line at 3.9792. It may break through that line and continue the bullish trend or it may reverse from that line.

XAUUSD – approaching a support line that has been previously tested at least twice in the past

XAUUSD is heading towards the support line of a Head and Shoulders and could reach this point within the next 12 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, […]

Because USDJPY formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through support it may move much lower

USDJPY is heading towards the support line of a Falling Wedge 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 from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]

S&P500 heading towards a price it has tested 4 times in the recent past.

S&P500 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 4 days and may test it again within the next […]

BRN/USD – It’s perhaps in these huge moves where the greatest opportunity lies

Those of you that are trend followers are probably eagerly watching BRN/USD to see if its latest 3.61% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 2 days move.

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Interesting trading articles, ideas, and thought leadership

The future of the financial industry is changing fast with the ever increasing use of social media platforms. The impact

By Ilan Azbel, CEO, Autochartist. I would say that I’m a pretty confident public speaker; of course I’m not a professional, but put me on a stage in front of a few hundred people and I’ll be happy to speak for hours. I love sharing knowledge, especially in my field of expertise. So when I […]

How to enhance your lead generation process and generate more business leads. 5 + 1 Tips to increase Lead-Acquisition for your Brokerage  Fx brokers are continuously investing in improving their lead generation processes and how their lead funnels can be enhanced to achieve maximum results.  Some of the most widely used tactics in the past were focused on added value via […]

By Kobus Steenekamp, CTO, Autochartist Don’t get me wrong, we love AWS, and we use a ton of great products from them, but when it comes to cost control, it can easily get out of hand. Case in point, AWS’s CloudWatch. Like any tech team, we are constantly under pressure to do more cool stuff, […]

In today’s fast paced online environment, the financial industry is always trying to keep up to date with the latest news. The concept of Natural Language Generation (NLG) is echoing strongly in the industry as Fx brokers are seeking new ways to reach a larger audience with the right message. But what is NLG? Natural language generation software uses […]

By Laurence Fish, Developer, Autochartist.com Price data is central to our business in the drawing of the charts and the technical analysis underpinning the pattern recognition used in the charts. The data received is time critical as the technical analysis and chart patterns derived from the data are performed ideally within one minute of receipt […]

By Robain Polly, Product Evangelist and Resident Snake Charmer, Autochartist.com I collect venomous snakes as a hobby; my collection includes adders, vipers and cobras. I spend hours studying and looking after them. I have often decided to quit, and a few weeks later I find myself getting new snakes just because they are pretty or […]

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