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

Bulls aim for 8843.7590 after the FTSE100 triggered a bullish formation on the 30 Minutes chart

The last 8 30 Minutes candles on FTSE100 formed a Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 8843.7590.

XAUUSD is quickly approaching the resistance line of a Inverse Head and Shoulders. We expect either a breakout through this line or a rebound.

A Inverse Head and Shoulders pattern was identified on XAUUSD at 3295.1355, creating an expectation that it may move to the resistance line at 3339.4574. It may break through that line and continue the bullish trend or it may reverse from that line.

Resistance line breached by LTCUSD. This price has been tested at least twice before.

LTCUSD moved through the resistance line of a Triangle at 86.59516129032258 on the 15 Minutes chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 91.7851.

A final push possible on BRN/USD as it starts approaching a price line of 65.0960.

BRN/USD is heading towards a line of 65.0960. If this movement continues, the price of BRN/USD could test 65.0960 within the next 2 days. 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.

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

GBPJPY is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If GBPJPY continues in its current trajectory, we could see it […]

Resistance line breached by NAS100. This price has been tested at least twice before.

You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 21449.7631 but consider reducing the size of your position as the price gets […]

XAUUSD is approaching a support line of a Channel Down. It has touched this line numerous times in the last 9 days.

XAUUSD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.

Latest company news, corporate actions and partnership announcements

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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 […]

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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 […]

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