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

S&P500 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.

An emerging Rising Wedge has been detected on S&P500 on the 4 hour chart. There is a possible move towards 6362.3035 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.

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

GBPJPY is heading towards the support line of a Descending Triangle and could reach this point within the next 11 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, we […]

BTCUSD heading towards a price it has tested 6 times in the recent past.

BTCUSD is approaching a resistance line at 119865.1563. 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.

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

This trade setup on USDJPY is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 146.7495.

FTSE100 through 9007.462258064517. Is this a confirming a breakout? Will it continue its path in the current trend toward 9022.2315?

Ascending Triangle pattern identified on FTSE100 has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 9022.2315 in the next 12.

After testing the support line numerous times, BRN/USD is once again approaching this line. Can we expect a bearish trend to follow?

Emerging Head and Shoulders detected on BRN/USD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 68.8945 and it is expected to move to 68.6721.

It’s time to make a decision on NGC/USD – its recent breach of 3.3335 could be a sign of a new trend to follow.

A strong support level has been breached at 3.3335 on the 1 hour NGC/USD chart. Technical Analysis theory forecasts a movement to 3.1971 in the next 2 days.

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

In recent years, financial literacy has evolved beyond being a personal skill to becoming a powerful social movement. This shift

If you’ve ever searched “Why is trading so hard?”, you’re not alone. It’s one of the most frequently asked questions on Google search related to the term “trading.” Whether you’re a beginner trying to find your footing or a seasoned trader struggling with consistency, the challenges of trading are undeniable. The financial markets offer endless […]

Have you ever found yourself in a conversation about the economy and struggled to keep up? Maybe you’ve heard terms like inflation, GDP, or interest rates thrown around but weren’t quite sure how they apply to your daily life. If so, you’re not alone. Many people avoid financial news because it’s full of jargon that […]

Would you expect a plumber to do his job effectively without the right tools? Probably not! Similarly, trader tools accessibility is crucial for effective trading. It’s easy to forget that traders also need tools to do their work. Market analysis, risk management, news sentiment analysis, and insights into historical data are all essential for enabling more […]

While the creator economy traditionally focuses on lifestyle, fashion, and entertainment, financial influencers are becoming increasingly popular on social media platforms. For better or worse, these creators affect how retail traders approach the markets. Platforms like TikTok, YouTube, and Instagram have become hotbeds for financial advice, with creators posting everything from stock tips to explanations […]

Today’s financial markets are increasingly competitive. Investors are always looking for ways to generate alpha—the measure of an investment’s performance relative to the market. One approach that has gained significant attention is the use of alternative data. However, this data – sourced from non-traditional avenues like social media sentiment, satellite imagery, or credit card transactions […]

High-frequency trading (HFT) has transformed financial markets over the past two decades. Using advanced algorithms and ultra-fast computers, HFT allows traders to execute thousands of trades in milliseconds. While HFT has brought benefits like enhanced market liquidity and tighter bid-ask spreads, it has also raised concerns about market stability, fairness, and ethical trading practices. This […]

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