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

ETHUSD – breach of price line that’s been previously tested numerous times before

The breakout of ETHUSD through the 3319.9700 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, ETHUSD could test 3268.3191 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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.

Latest company news, corporate actions and partnership announcements

Autochartist’s Research Portal provides brokers with a convenient hub for dynamic market analysis and trading tools. EAERA is excited to

Autochartist was awarded the prestigious “Best Software for Swing Trading” title at the 2024 Benzinga Global Fintech Awards, a landmark financial technology event in New York City. The Benzinga Global Fintech Awards, now in their tenth year, have a rigorous selection process. The finalists are scrutinised and independently judged based on numerous factors, including innovation, […]

Autochartist, a prominent financial market analysis provider, earned the Most Comprehensive Market Analysis Provider award in the FinanceFeeds Awards 2024. Founded in 2004, Autochartist has transformed the trading industry with its data-driven market analysis. Providing traders and brokers with a powerful suite of tools to help them navigate the complexities of financial markets. Over two decades, Autochartist […]

You can read the entire case study here to learn more about the impact of the Autochartist integration with SparkMarkets. Integrating Autochartist’s advanced technical analysis within SparkMarkets’ platform has empowered traders with actionable insights that are seamlessly accessible. Consequently, users can move from signal generation to trade execution faster than ever before, enhancing decision-making and improving trading […]

Autochartist, a global leader in trading solutions, automated content and technical analysis, is proud to announce its latest integration offering for brokers. Marketo, a comprehensive marketing automation platform known for its advanced capabilities, is a popular choice among online brokerage firms. Autochartist maintains a solid reputation for offering its services across the most-used platforms around […]

Online brokers operate in a highly competitive market and manage a multitude of daily operational tasks. Marketing and sales present a neverending cycle of allocating resources, time and staff. We all know that maintaining a social media presence is crucial, but many brokerages simply don’t have the resources for effective content production and distribution. Producing […]

As a leading global provider of multi-award-winning broker tools and services, Autochartist remains committed to innovation, digital transformation and customer service. Join us for an exclusive interview with Ilan Azbel, the CEO of Autochartist, as he shares invaluable insights into the company’s journey and offers a glimpse into the future of digital brokerage. Q: Autochartist […]

Interesting trading articles, ideas, and thought leadership

Gold trading remains as popular today as ever. It has long been one of the most sought-after assets in the

The financial markets are no stranger to turbulence, but the events of early August 2024 had investors gripping their seats a little tighter. A sudden and sharp market downturn, triggered by a mix of disappointing U.S. economic data and unexpected policy shifts in Japan, highlighted the flux of the global economy. Understanding the potential impact […]

Artificial Intelligence (AI) and Machine Learning (ML) are improving quickly. The ripples are being felt in the trading industry, with increased big-data processing and improved methods to anticipate market movements and develop trading strategies. As we move into the second half of 2024, several key trends and developments are shaping this landscape, making it an […]

As the daily news headlines keep us updated on the ever-changing markets, online brokerages face unique challenges. From economic uncertainties that directly affect trading and investment choices to maintaining their business advantage in a competitive environment, here are some ongoing broker challenges shared by many online retail trading firms. These highlight the dynamic nature of […]

Understanding market sentiment can provide traders with unique insights in the fast-paced world of trading. Market sentiment analysis, which involves analyzing news and social media to gauge the mood and attitudes of market participants, is becoming increasingly popular. By leveraging these insights, traders can make more informed decisions and optimize their trading strategies. Here’s a […]

Technical analysis remains a fundamental tool for traders seeking to understand market dynamics and make informed decisions in 2024 and beyond. Advanced tools that use technical analysis and pattern recognition empower traders in ways previous generations couldn’t have imagined. Automatic identification of trading opportunities enables traders to fine-tune their strategies with increased confidence and complete […]

Cryptocurrency exchange-traded funds (ETFs) have emerged as a hot topic in the financial world, seeking to bridge the gap between traditional finance and the crypto market. As traders seek innovative ways to diversify their portfolios and capitalize on market trends, understanding crypto ETFs is a good starting point. What is a Spot Bitcoin ETF? A […]

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